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Showing 111 - 120 of 17779 results for "Group"

Magellan adds $2bn to FUM

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
Contrary to recent months, Magellan Financial Group gained close to $2 billion in funds under management (FUM) in July. Magellan reported $38.4 billion as of July 31, up nearly 5% from the previous month's reading of $36.6 billion. Throughout the ...

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... director of BNY Mellon Investment Management Australia, a role he left in December 2014. During his tenure at Macquarie Funds Group, he was responsible for the group's Australian and global fund distribution for institutional investors and other ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... invested in 15 companies involved in the extraction or sale of carbon intensive fossil fuels, including AGL Energy, BHP Group, Glencore PLC, and Whitehaven Coal. Another 15 companies produced alcohol, including Budweiser Brewing Company APAC, Carlsberg ...

Wilsons Advisory snaps up private wealth practice

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... Stanley where he was most recently vice president. Prior to that he held roles at Canaccord Genuity, Ord Minnett and Macquarie Group. McNair was previously executive director - corporate advisory at Evans & Partners and has also held roles at Macquarie ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
... BNP Paribas to offload its asset management business for $8.5 billion. AXA Investment Managers has been part of the AXA Group for 25 years and, in that time, has grown to house some $1.4 trillion (€850 billion) in funds under management. When combined ...

GSFM appoints key account manager

JAMIE WILLIAMSON  |  THURSDAY, 1 AUG 2024
... ACT. Bond will oversee financial adviser relationships in the states, bringing five years' experience with Macquarie Group. GSFM head of retail distribution Stephen Fletcher said this appointment comes at a time of growth for GSFM, which now represents ...

Barings, Rest break ground on $400m investment

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... the venture completed a significant off-market purchase of a premium industrial portfolio for $780 million from Goodman Group. "Barings is excited to commence construction on our latest high-quality acquisition in this sought-after location which reflects ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... deal value, but the two largest deals in the quarter were both in Australia. The first was the acquisition of PSC Insurance Group by Ardonagh Group for $1.5 billion, followed by Perpetual's hiving off its wealth management unit to KKR at $1.4 billion. ...

Russell Investments default option returns up to 12.3%

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... GoalTracker's investment objective for members under 50 is 4.3% return above inflation. The strategic asset allocation for that age group is heavily skewed to Australian equities (42%) and international equities (48%), according to an investment ...

Eildon divests stakes in four funds to Trilogy

KARREN VERGARA  |  WEDNESDAY, 31 JUL 2024
Eildon Capital Group has offloaded its interest in four funds for $3.63 million to Trilogy Group. The ASX-listed firm entered a binding sale agreement with Trilogy to divest its management rights and direct co-investment stakes as part of a strategic ...