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Showing 1481 - 1490 of 22775 results for "Funds"

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... profit after tax (NPAT) of $225 million, up 12%, driven by higher earnings across its retirement income brand, Life, and its funds management division, according to its first-half 2025 results announcement. The investment management firm's statutory ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... seeing momentum pick up in our real estate division which is on-track to establish three major new unlisted institutional funds which will add over $2.5 billion of potential AUM as we deploy into these new strategies." "Pleasingly, our existing listed ...

Partners Wealth Group appoints new head of Partners Private

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... distribution manager at Pengana Capital, a director of private banking at Credit Suisse, and associate director at Macquarie Funds Group, where he developed expertise in delivering bespoke financial solutions for high-net-worth (HNW) clients. Partners ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
GQG Partners has recorded US$1.7 billion net flows in January, bringing its total funds under management to US$160.4 billion. The firm recorded US$20.2 billion net flows throughout last year, nearly doubling its net flows of US$10.2 billion in 2023. ...

Super's operational infrastructure 'not quite right'

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... greater recognition of the situation, rather than presuming the underlying problems can be easily addressed and that 'super funds are failing their members' simply because they are incompetent or uncaring. What matters is whether super funds are working ...

Senate calls to overhaul super fund boards

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... super sector," Bragg said. "These recommendations address the significant issues that have plagued Cbus and other super funds in recent months, on which Labor has been silent." One of the main recommendations was for superannuation trustee boards to ...

Australian Retirement Trust, Qantas Super set merger date

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... focus remains on successfully finalising the Qantas Super SFT. More than 25,000 members and approximately $9 billion in funds under management will move from Qantas Super to ART. Qantas Super chair John Atkin said he is confident the transfer to ART ...

Advisers must improve public awareness to win Australians' trust: Report

ANDREW MCKEAN  |  FRIDAY, 14 FEB 2025
... has materialised, with boutique advice practices unable to match the marketing budgets of bigger players. Though as super funds move further into the advice space following the government's post- Quality of Advice Review reforms, they may take the reins ...

Brookfield subsidiary launches credit fund locally

KARREN VERGARA  |  FRIDAY, 14 FEB 2025
... credit expertise," he said. Last year, Hall told Financial Standard that its flagship private credit and infrastructure funds have produced positive returns and that's started to resonate across the wealth continuum. Consequently, the business has ...