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Showing 1501 - 1510 of 22778 results for "Funds"

Janus Henderson turns $5.2bn fixed interest fund into active ETF

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
... investor's portfolio, Janus Henderson said. First launched as a managed fund in 1994, the strategy has more than $5.2 billion in funds under management (FUM); it is also the third member of Janus Henderson's fixed interest ETF suite. The fund ...

Industry fund insurance bungle adds fuel to mounting outrage

ANDREW MCKEAN  |  THURSDAY, 13 FEB 2025
... members for coverage - adding to a growing pile of industry failures. Rest's mishandling comes as other major superannuation funds have been caught up in ASIC investigations and legal action for stalling on death benefit payouts. The industry fund, which ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
Two funds managed by SG Hiscock (SGH) and Ruffer have closed due to lack of investor interest. The SGH Ex-20 Australian Equities Fund was terminated on February 3 for failing to reach its required scale and retain and attract the desired number of investors. ...

SMSFs outperform APRA funds over five years: Research

MATTHEW WAI  |  WEDNESDAY, 12 FEB 2025
New research shows that self-managed superannuation funds (SMSFs) outperformed APRA-regulated funds by 1.2 percentage points per annum in the five years to June 2023. According to research from the University of Adelaide's International Centre for ...

ETF industry passes $250bn mark

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2025
Positive market performance and record inflows have seen the Australian ETF industry surpass $250 billion in funds under management (FUM), according to the Betashares January ETF review. The industry saw $4.6 billion in net flows with the total market ...

Cbus faces fresh investigation over fund expenditure practices

ANDREW MCKEAN  |  TUESDAY, 11 FEB 2025
... the highest standards that are rightfully expected of us by our members as one of Australia's leading superannuation funds," Fok said. "We take our responsibilities to our members very seriously and are committed to ensuring that we operate to the ...

Australian super assets set to become second largest globally: WTW

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... benchmark-relative returns, the allocation to alternatives has marginally increased since 2019, from 23% to 24% for super funds. "The bigger shift has been an increase to equities, which has risen from 47% of portfolios to 52% over the past five years ...

Renewable energy company secures $160m from Macquarie

KARREN VERGARA  |  MONDAY, 10 FEB 2025
... onshore renewable energy projects across Australia and New Zealand. Greenalia chief executive Manuel García commented: "The funds obtained with this financing will be used to accelerate and consolidate the deployment of the business plan in Spain which ...

Generation Development Group buys Evidentia

MATTHEW WAI  |  MONDAY, 10 FEB 2025
... founded in 2018, providing tailored managed account and investment management solutions, and now has near $13 billion in funds under management (FUM), presenting an "exceptional growth opportunity" for GDG. Evidentia will be merged with Lonsec Investment ...

Convicted adviser banned over $2m theft

MATTHEW WAI  |  MONDAY, 10 FEB 2025
Former financial adviser Lachlan King has been permanently banned by ASIC for stealing close to $2 million in client funds, including family members. The banning took effect on February 5, with Queensland-based King currently in prison after being convicted ...