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Showing 1241 - 1250 of 8318 results for "Launch"

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
With the threat of cyber-attacks growing by the day, leadership teams in all areas of financial services are being urged to ramp up cybersecurity protections, with the regulators keeping a keen eye on their efforts. But while major institutions might ...

Mercer picked to advise Pengana Credit

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... private credit investments for both Australian retail and high net worth investors." As previously announced in April, the launch of Pengana Credit was preceded by a $200 million seed funding round poured into the new business by partner Washington H. ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
With stop orders revoked, Spaceship is back in business and planning the launch of a new investment service, buoyed by an additional $6 million in funding. The extra cash comes from its two major shareholders, Mike Cannon-Brookes' family office ...

ClearView strengthens leadership team

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... experience to the executive leadership team," she said. On Kulikov's appointment, Gooderick said that he spearheaded the launch of ClearView's flagship product series, ClearChoice, in September 2021 and recently oversaw a range of product enhancements ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... clear consensus on whether ESG positively impacts long-term returns or whether it hinders performance. During a research launch event, panellists said effective ESG integration means asset managers can incorporate the most meaningful and material information ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
The Federal Trade Commission (FTC) is investigating OpenAI, the artificial intelligence research firm that owns ChatGBT, to evaluate possible negligence and consumer harm. In a 20-page document sent to the Microsoft-backed AI firm, regulators demanded ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
... "positive news." Future Super moved to Equity Trustees this month, dumping Diversa which has served as trustee since its launch in September 2014. Given its relationship with Future Super, Verve Super has also made the move. "Equity Trustees has an impressive ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... Australian Equity Fund and the ALC Active International Equities Fund. ALC chief executive Wayne Mo said the firm is pleased to launch the three new funds in partnership with Equity Trustees. "Through our diverse exposure across credit and equities strategies ...

Federated Hermes secures $486m for private equity fund

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
Federated Hermes has closed its fifth private equity co-investment fund (PEC V), exceeding its initial fundraising target by a substantial margin. The fund, which was launched in December 2021 with a target of $400 million, closed last month with a ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
The ASX has started a consultation process concerning the potential wind-down and closure of mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed ...