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Showing 1201 - 1210 of 4607 results for "Andrew"

GQG hits $104.1bn on back of inflows

ANDREW MCKEAN  |  FRIDAY, 18 AUG 2023
GQG Partners' funds under management (FUM) has surged to $104.1 billion as of June 30, reflecting 20.1% growth year on year. In an ASX announcement, GQG attributed FUM growth to $6.2 billion of net inflows and strides in the global equity markets. The ...

State Super equities lead exits

ELIZABETH FRY  |  FRIDAY, 18 AUG 2023
After five and a half years at State Super, Andrew Huang has departed to set up his own shop in the sustainability space. As reported last week, Jonathan Chung has stepped into Huang's role of senior investment manager - equities. Huang has left ...

Magellan reverts to old leadership model

KARREN VERGARA  |  FRIDAY, 18 AUG 2023
... massive mandate in late 2021 that led to more investors fleeing and key people such as Brett Cairns leaving. Meanwhile, Andrew Formica has been appointed non-executive chair, taking over from Hamish McLennan, who becomes deputy chair and non-executive ...

Norway's sovereign wealth fund returns 10%

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
Norway's $1.4 trillion Government Pension Fund Global returned 10% in the first half, equivalent to $343 billion. Norges Bank Investment Management reported a $13.7% return on equity investments for the first half of 2023, while fixed income yielded ...

ASX profits hit by CHESS setbacks, acts on review findings

ANDREW MCKEAN  |  THURSDAY, 17 AUG 2023
The ASX reported a 37.6% plunge in statutory net profit to $317.3 million, largely weighed down by hefty CHESS replacement costs. The securities exchange finished the financial year with an underlying net profit after tax (NPAT) of $491.1 million, marking ...

ASIC proposes five-year extension to DDO

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
ASIC has proposed a five-year extension to the design and distribution obligations (DDO), the instrument for which was originally set for a two-year period. DDO was introduced following a recommendation from the 2019 Financial System Inquiry to compel ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
Netwealth will relaunch its Core offering in September, aiming to grow its footprint in the mass affluent and emerging affluent segments, driving new revenues and boosting net inflows. The wealth management company today reported a record funds under ...

Institutional investor pumps $750m into Qualitas fund

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
... Qualitas' FUM has increased by 12% since May and 59% since June 30 last year. Qualitas group managing director and co-founder Andrew Schwartz said the investment highlights Qualitas' position as a leading alternative real estate investment manager in ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... superannuation and corporate trustee services division, creating a $150 million business. The combined business will be led by Andrew Godfrey as executive general manager, corporate and superannuation trustees. "We see very clear alignment of the operating ...

Federated Hermes names international sales head

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
Federated Hermes has appointed an international sales head, responsible for all sales activities across Asia Pacific, Europe, and the Middle East. The investment manager selected Clive Selman for the role of international head of sales. Selman was formerly ...