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Showing 121 - 130 of 704 results for %22First Pacific%22

Demand soars for global equities ETFs

KARREN VERGARA  |  TUESDAY, 13 JUL 2021
Investors poured their money into global equities exchange-traded funds, which took in nearly $5 billion in the first half of 2021. This is according to a joint analysis by the Australian Securities Exchange and Vanguard, which found that global equity ...

VanEck launches active ETF with Sydney boutique

KANIKA SOOD  |  MONDAY, 12 JUL 2021
VanEck Australia has launched its first externally managed active ETF in partnership with a Sydney credit boutique. The VanEck Bentham Global Capital Securities Active ETF (Managed Fund) (ASX: GCAP) invests in Tier 1 (AT1) securities, contingent convertibles ...

Pendal appoints head of product

KANIKA SOOD  |  FRIDAY, 25 JUN 2021
... primarily in long-only equities with US$30.5 billion in funds under management. Pendal said the purchase price was 7.6x the first half 2021 EBITDA (annualised, excluding synergies). It said the firm was forecast to double earnings per share in the first ...

Real estate AUM recovers

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
... pipeline, continues to deliver attractive enhanced returns." For real estate AUM in Asia Pacific, Charter Hall took out first place followed by Goodman Group and Lendlease. "Australian asset managers' real estate AUM held up well in the face of the pandemic ...

Australia among the richest nations

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... countries with mean wealth in the range of US$25,000 and US$100,000. In terms of median wealth per adult, Australia ranked first with $315,558 (US$238,070). "There have been large differences in income shocks during the pandemic. In many high-income ...

Investors move to thematic funds

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... US$2 billion in March 2021. There are currently 29 thematic funds domiciled in Australia, of which seven launched in the first quarter of this year. These include BetaShares Climate Change Innovation, VanEck Vectors Global Clean Energy, NT World Green ...

Savills IM appoints local team, launches fund

JAMIE WILLIAMSON  |  THURSDAY, 13 MAY 2021
... a former BlackRock regional executive, is boosting the international manager's presence in Australia as it launches its first pan-Asia strategy. Savills IM has appointed four, including former BlackRock managing director and chief investment officer ...

FTSE Russell adds to local team

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... Russell's sustainable indices, data and analytics for the Pacific. She has previously worked at HESTA, and was also the first chief executive officer of the Investor Group on Climate Change (IGCC). The firm has also appointed Martin Orro its head of ...

JPMAM Australia chief to retire

JAMIE WILLIAMSON  |  TUESDAY, 4 MAY 2021
... business, J.P. Morgan Asset Management's local chief executive Rachel Farrell is set to retire later this year. Farrell first joined JPMAM in Singapore in 2011 as head of sovereign and institutional clients, South and South East Asia, Australian ...

Westpac profit climbs, executive leaves

ANNABELLE DICKSON  |  MONDAY, 3 MAY 2021
... $3.4 billion. The bank attributed the substantial increase in net profit to the impairment charges of $2.2 billion in the first half of 2020 while recording impairment charges of just $372 million for the first half of 2021. "First half earnings were ...