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Showing 1471 - 1480 of 4672 results for "Fund I"

Global manager shuts fund

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
AXA Investment Managers has decided to close a $109 million fund as its largest investor pulls out. The AXA IM Global Dynamic Equity Plus fund invested in global equities and was 3.06% under its benchmark MSCI World Index ($A, unhedged) after fees for ...

Senator criticises lazy super system

JAMIE WILLIAMSON  |  FRIDAY, 5 JUN 2020
Senator Jane Hume has said the compulsory nature of superannuation allowed super funds to become lazy, creating inefficiencies in the system. She has also hinted the government will soon turn its attention back to the Productivity Commission's recommendation ...

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early ...

Magellan launches listed active ETF fund

ALLY SELBY  |  THURSDAY, 4 JUN 2020
Hamish Douglass' Magellan Financial Group has launched a listed active ETF fund in partnership with Airlie Funds Management, with promises of reducing friction and costs for investors. The Airlie Australian Share Fund will commence trading on the ASX ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
An investment manager overseeing more than $481 billion in assets is set to provide Australian investors with access to its multi-strategy fund specialising in diversified alternatives. Janus Henderson is rolling out its Global Multi-Strategy Fund in ...

Newgate fund starts new life

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
Equity Trustees has handed over the management of Newgate Real Estate and Infrastructure Fund to a new manager, as Newgate Capital announces its intention to retire from the fund. Starting July 1, the fund will be folded into the Sanlam Real Assets ...

AMP Foundation offers $2m for COVID-19 recovery

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
AMP's corporate philanthropic foundation is offering $2 million in grants for non-profits working to meet COVID-19's challenges in the community. To be eligible, the organisation must have annual income of less than $20 million, derive less than 70% ...

Plato fund to shutter

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
An Australian shares fund run by Plato Investment Management will shutter later this month after running for nearly 14 years as its assets dwindle. Plato's Australian Shares Core Fund invested in Australian companies and was benchmarked to the S&P/ASX ...

Industry fund appoints administrator

HARRISON WORLEY  |  TUESDAY, 2 JUN 2020
A $2 billion industry superannuation fund is set to go live with an automated superannuation administration service in early 2021 after inking a mandate with the firm. GuildSuper, the industry super fund for 80,000 people working in the pharmacy, childcare ...

Atlas Advisors makes wild investment

ELIZA BAVIN  |  TUESDAY, 2 JUN 2020
Atlas Advisors has announced it invested in two wildlife parks, but acquiring a significant stake in the Elanor Wildlife Park Fund. The fund consists of two wildlife park assets, Featherdale Wildlife Park, located in Western Sydney and Mogo Zoo located ...