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Showing 1571 - 1580 of 22782 results for "Funds"

Team Super names retirement chief

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... for members. Subsequently, the roles were absorbed by other executives. Sherry pointed out that the dynamics of smaller funds can differ from those of larger ones. "It depends on the fund," he said. The TWUSUPER chair said aside from the funds having ...

Hostplus names deputy CIO

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... Orr to deputy investment chief following the recent departure of Con Michalakis who has taken on the top investment job at Funds SA. The $115 billion industry fund for hospitality workers confirmed that Orr will now serve as co-deputy chief investment ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
Netwealth and Praemium have both reported significant inflows in the December quarter. Netwealth reported record funds under administration (FUA) net inflows of $4.5 billion, 69.8% higher than the prior corresponding period, bringing 12 months inflows ...

Australian Ethical 'cautious' on valuations

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... said. "While we continue to remain cautious on valuations - we don't want to overpay and risk owning risky investments - our funds participated in the strong markets, beating performance objectives over the period, positioning us well for long term returns. ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... investment from high-net-worths and small institutions, it said. Elsewhere, the master trust business saw an increase in its funds under administration (FUA) of $1.5 billion, offset by net outflows of $665 million and pension payments of $319 million. ...

Regal FUM hits record high

MATTHEW WAI  |  WEDNESDAY, 22 JAN 2025
Regal Partners' funds under management (FUM) increased 4.6% in the December quarter, bringing the company's total FUM to $18 billion in 2024. Net inflows in Q4 24 were $720 million, a record quarter for the group, Regal said. Despite the investment ...

Iress expands wealth team with multiple new roles

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... superannuation services provider, it said it sees continued opportunities within its wealth business to provide software to super funds. The deal will see Iress net an upfront payment of $40 million, with potential for an additional $20 million over ...

Scarcity Partners enlists former Ophir Asset Management chief

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... strategy - would enable him to accomplish these objectives. Notably, at Ophir, Chirakis led new product launches and tripled funds under management. Scarcity Partners managing director Adrian Whittingham said Chirakis is a valuable addition to the team ...

Financial services deregulation boosts economy by $2bn: FSC

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
Reforms in funds management, financial advice, and superannuation will usher in an extra $1.7 billion per year to the economy and can make Australia a serious financial services hub, the Financial Services Council (FSC) says. New modelling shows that ...

Natixis, Generali merger creates $3.2tn fund manager

KARREN VERGARA  |  WEDNESDAY, 22 JAN 2025
... allocated in fixed income (65%). The rest is in equities (21%), and private markets and others (14%). Insurers and pension funds hold 61% of AUM, while institutional investors have 14% and retail and wholesale clients represent 25%. The new entity is ...