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Showing 1401 - 1410 of 20084 results for "Asset"

ASIC cancels licence of Brite Advisors

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
... an estimated US$11.2 million hole in client portfolios, which had been pooled under a custodial structure with inadequate asset segregation. The receivers are currently seeking court approval for a methodology to distribute the funds back to investors ...

Warren Buffett to retire, recommends successor

KARREN VERGARA  |  MONDAY, 5 MAY 2025
... I think that Berkshire has a special reputation that when there's times of trouble for the government that we are an asset and not a liability which is a position that's very hard to have, because usually the public and government get very negative ...

Platinum merger no cure for active managers' challenges

ANDREW MCKEAN  |  MONDAY, 5 MAY 2025
A merger between Platinum Asset Management and L1 Capital may deliver scale, but it won't resolve the deeper structural issues dogging traditional active managers, including fee pressure and market share loss to passive investment vehicles like ETFs ...

CFS allots Martin Currie two mandates

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... now looking after the CFS Australian Share and CFS Geared Australian Share options, replacing Longreach CAI and Tyndall Asset Management. In the CFS single-sector portfolio, Longreach CAI previously had a 10% allocation in the Australian Share and Geared ...

Wealth managers' recovery looks promising: Research

KARREN VERGARA  |  FRIDAY, 2 MAY 2025
... have broader product offerings to capture this," the note said. "Funds management business has relatively solid flows vs. asset manager peers and presents a diversification option for CGF, but needs to become a larger part of the group earnings mix." ...

TWG Global takes stake in Mubadala Capital

JAMIE WILLIAMSON  |  FRIDAY, 2 MAY 2025
Sovereign-backed asset manager Mubadala Capital has given a 5% stake to TWG Global, and, in return, the former will lead a $15.6 billion syndicated investment in the holding company. Mubadala Capital and TWG Global have entered a "strategic investment ...

Hedge fund scraps local sales role

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
BlueBay Asset Management has scrapped its institutional head of sales role in Australia and New Zealand, opting to distribute through a local firm. Ciaran McAssy confirmed his departure from the fixed-income hedge fund after almost 13 years as head ...

Vado Private announces senior hire

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
... investment opportunities in corporate debt. Zukerman will also develop and implement all investment strategies, oversee asset allocation and risk management, and be responsible for fund performance and reporting. This includes tracking fund performance ...

ART promotes high-profile retirement specialist

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
Australian Retirement Trust has promoted its high-profile asset liability management lead to a more senior retirement job. Longstanding executive and renowned retirement specialist Brnic Van Wyk has been elevated to principal of retirement solutions ...

JP Morgan AM hires from Vanguard

ELIZABETH FRY  |  THURSDAY, 1 MAY 2025
JP Morgan Asset Management has appointed an exchange-traded fund specialist from Vanguard to bolster distribution in the rapidly growing market. Stefania Vivarini is credited with launching Vanguard's ETF-based separately managed accounts. Vivarini ...