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Showing 121 - 130 of 16674 results for "investors"

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... boutique will both be terminated. Both T. Rowe Price and Paradice Investment Management are shuttering funds, citing investors' best interests. Following a review, T. Rowe Price is terminating its Australian Equity Fund. The manager, alongside its responsible ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... shortly after its AFS Licence was suspended in December 2023 for failing to lodge its 2023 audited financial accounts. Investors have contacted ASIC concerned about their money. ASIC believes that Prospero "holds substantial client funds and is concerned ...

Blackwattle Partners launches global fund

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... strategic step for our clients." While the Blackwattle Global Quality Fund will launch publicly in July for all retail investors, the firm will be running a foundation offer over the next three months for early access at reduced fees for select clients. ...

Vanguard chief executive Tim Buckley to retire

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
... and became chair in 2019. Under Buckley's leadership, Vanguard expanded its client base to more than 50 million investors globally while growing assets under management by more than 80% to $9 trillion. Separately, Vanguard chief investment officer ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... $1.75 billion and negative investment returns of $100 million. Some $940 million in outflows came from institutional investors, of which $650 million related to one partial redemption by a large investor. Gross inflows were $347 million with international ...

Realindex Investments marks 15 years with rebrand

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... Realindex Investments is rebranding to better position for long-term global growth. Going forward, the First Sentier Investors manager will be known as RQI Investors and have a new logo and visual identity. Chief executive Andrew Francis said the new ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
... include those paid outside of superannuation. However, Rainmaker said there is a market for annuities among conservative investors "as the life insurer guarantees the income stream, they usually embed conservative (low) rates of investment returns." ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
... revenue from excluded activities, such as fossil fuels. "ASIC contends these revenue thresholds were not disclosed to investors and were contrary to the statements in the PDS," the regulator said. "ASIC believes that applying a negative screening process ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
... TransitionSmart. Like the accumulation product, they both offer the choice of a default Lifecycle option, or more confident investors can elect specific investment options. While already available direct to consumers, the retirement options will be available ...

DASS settlement pending court approval, victims urged to claim

KARREN VERGARA  |  WEDNESDAY, 28 FEB 2024
... 2022) as well as remaining available insurance proceeds of at least $12 million," the company said. Compensating DASS investors continues to drag on as the Australian Financial Complaints Authority's (AFCA) released a lead decision on February 15 ...