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Showing 1341 - 1350 of 6423 results for "PAC"

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market. Ascent Fund Services currently services about US$7 billion in assets. This includes 150 products across six Asia ...

Vanguard head jumps to industry fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 JUN 2021
The former head of product management at Vanguard has made the move to a $61 billion industry super fund. Andrew Reeve has been appointed head of strategy and innovation - investments at Cbus, the industry fund for the construction and building sector. ...

Northern Trust appoints head of APAC

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
Northern Trust has promoted its country head of Australia to lead the asset servicing business across Asia Pacific, taking over from William Mak. Angelo Calvitto has been with Northern Trust for over 13 years. He has been managing director, country ...

MAM fund buys waste company

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
Macquarie Asset Management has acquired Beauparc Utilities from its founder and a private equity firm for an undisclosed fee. Macquarie European Infrastructure Fund 6 bought out the Dublin-based company from Eamon Waters and the Blackstone Tactical ...

GAM hires from BlackRock

JAMIE WILLIAMSON  |  TUESDAY, 1 JUN 2021
The Swiss manager is investing in its local business, adding to its product offering and hiring a senior manager from BlackRock. Close to three years since opening its Australian office, GAM Investments is growing the Sydney-based team with the addition ...

Investors move to thematic funds

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Assets in thematic funds in Australia have grown exponentially in the last year after showing stellar results through the pandemic but performance over the long term is lacklustre, new research shows. Morningstar's latest Global Thematic Funds Landscape ...

Vanguard appoints fund administrator

KANIKA SOOD  |  MONDAY, 31 MAY 2021
Vanguard has appointed a fund administrator for its wholesale funds in Australia which hold an estimated $98.5 billion in assets. Vanguard has taken the function from in-house to external provider. Link Group was appointed to provide fund administration ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
Link Group has announced that digital property settlement platform PEXA will list on the ASX towards the end of June after fielding offers from private equity firms. Link has signed an underwriting agreement for the initial public offering of PEXA ...

J.P. Morgan makes key APAC appointment

ELIZABETH MCARTHUR  |  MONDAY, 31 MAY 2021
J.P. Morgan Asset Management has appointed a lead strategist for sustainable investing in the Asia Pacific region. Tomomi Shimada has been appointed lead APAC sustainable investing strategist, in what J.P. Morgan said is part of its ongoing commitment ...

Super fund risk culture "immature": APRA

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
APRA executive director, superannuation division Suzanne Smith has warned superannuation funds that the regulator is looking out for toxic corporate culture and instances of misconduct. Speaking at the ASFA Spotlight on Risk and Compliance event, Smith ...