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Showing 1241 - 1250 of 5520 results for "Class"

Link Fund Solutions hit with further legal action

JAMIE WILLIAMSON  |  TUESDAY, 17 JAN 2023
... via an ASX statement, Link Group said: "LFS will vigorously defend itself against the proceedings." There is also a third class action that has been served against Link, representing a further 3200 claimants. The Woodford Equity Income Fund collapsed ...

Apex Group wins fund admin mandate

CASSANDRA BALDINI  |  TUESDAY, 17 JAN 2023
... Prudential's centralised risk management, treasury and settlement's function while ensuring investors benefit from best-in-class risk management. The financial solutions provider will further deliver tech-enabled compliance solutions to meet ...

Demand for illiquid assets surge: Aeon Investments

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
Research has revealed investors and family offices are gradually turning towards illiquid assets, including private debt, to shelter from the global macro storm. Aeon Investments conducted a survey of family offices controlling a total of $98.4 billion ...

Strengths and weaknesses in DC systems: Comparison

ANDREW MCKEAN  |  FRIDAY, 13 JAN 2023
... said. "Many believe this to be a hindrance for the diversification of US 401(k) investment. Plan sponsors are wary of asset class diversification because private market assets typically come with higher fees," he said. Meanwhile, regarding regulation ...

CBRE Investment Management appoints APAC research lead

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... increase over the next 12 months. Within the real estate sector, industrial and logistics remained the most preferred asset class, while residential (especially multifamily and built-to-rent) logged the strongest uptick in interest. Offices are still ...

Australian equities to outperform in 2023: VanEck

CASSANDRA BALDINI  |  FRIDAY, 13 JAN 2023
Australian equities are set to battle the bearish storm ahead and outperform global equities this year, according to the fund manager. Recent analysis by VanEck shows Australian equities, as represented by the S&P/ASX 200, was one of the best-performing ...

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
... risk." PFS chief executive Paul Kneen also commented on the acquisition, saying: "PFS is dedicated to providing a first-class global business solution to its clients and we are excited to be joining Apex Group which shares these core principles and objectives." ...

Prime Super appoints new board directors

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
Prime Super has appointed two non-executive board directors, effective 1 January 2023. Prime Super added former Club Plus Super chief investment officer Gemma Dooley and Edgehaven managing director Bev Durston. Dooley has more than 30 years' experience ...

Westpac settles BT Super class action

CASSANDRA BALDINI  |  MONDAY, 19 DEC 2022
Westpac has reached a $29.95 million settlement in a class action relating to the bank's subsidiaries, BT Funds Management Limited and Westpac Life Insurance Services Limited. Tens of thousands of Australians may receive compensation following the ...

Target market determinations have improved: ASIC

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
... included descriptions of target markets, some used descriptions that were too broad to be meaningful. "A broad consumer class is unlikely to be sufficient to define the TMD for such loans," the report said. This is because a TMD based only on a broad ...