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Showing 1241 - 1250 of 22763 results for "Funds"

GROW Inc. names new chief executive

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... need for innovation in the super administration arena. It shifted focus in 2021 and has since signed several major super funds as clients, including Australian Ethical, Vanguard, and NGS Super. In 2023 it also won a mandate from HESTA. The transition ...

Clime awarded $183m mandate from US firm

ELIZA BAVIN  |  THURSDAY, 1 MAY 2025
... of exempted limited partnerships. The structures are not open to Australian investors, but Clime said wholesale, unlisted funds with similar characteristics are available to wholesale Australian investors. The agreed investment strategy mandates Clime ...

Platinum mulls L1 Capital merger

JAMIE WILLIAMSON  |  THURSDAY, 1 MAY 2025
... combined entity receiving participation in performance fees related to the first 5% of absolute returns from the L1 Long Short funds. If the two were to combine, it would offer enhanced scale and diversity of investment strategies and distribution channels ...

Smaller super funds unfairly burdened by regulatory levy model: CPA

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
Members of small and medium-sized super funds have become "collateral damage" in an imperfect regulatory funding model, CPA Australia says, in response to Treasury's proposed levy changes for 2025-26. CPA Australia superannuation lead Richard Webb said ...

KKR, Capital Group debut first public-private investment products

ANDREW MCKEAN  |  WEDNESDAY, 30 APR 2025
KKR and Capital Group have launched their first two public-private investment products, interval funds focused on credit strategies, while announcing ambitions to deepen the exclusive strategic partnership they formed last May. The private markets firm ...

Pennybacker boosts Pacific Current FUM

KARREN VERGARA  |  WEDNESDAY, 30 APR 2025
Pacific Current Group (PAC) saw funds under management (FUM) lift in the first quarter of 2025 thanks to affiliate Pennybacker Capital reporting a 17% jump in total assets. Pacific Current turned in $31 billion in total FUM at the end of March, up from ...

AFCA highlights 'pattern of delays' in super

ELIZA BAVIN  |  TUESDAY, 29 APR 2025
... improving timeliness of superannuation rollovers. AFCA's complaint data and review process raised concerns about whether super funds had adequate resourcing to meet requests for information from the regulator within the required timeframes. "Financial ...

Perpetual Wealth Management adds five senior advisers

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... approximately 40% of the business' client groups. As of March 31, Perpetual Wealth Management had more than $21 billion in funds under advice. This included net inflows of $0.9 billion during the March quarter. "Our business has grown year-on-year for ...

Local challenger enters Australia's ETF market

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... competition and product innovation" from day one. "We're going to be selective in our product launches. We only plan to launch funds when and where there is clear evidence of demand from Australian retail investors and advisers," he said. "We believe ...

Federal Court hammers defunct advice firm with $11m penalty

ANDREW MCKEAN  |  MONDAY, 28 APR 2025
... three financial advisers who provided template advice to clients to roll over their superannuation into self-managed super funds (SMSFs) and use those funds to purchase property through a related entity, Equiti Property. The Federal Court found that ...