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Showing 141 - 150 of 30624 results for "Fund"

Forager schedules LIT delisting

KARREN VERGARA  |  MONDAY, 8 APR 2024
The Forager Australian Shares Fund (FOR) is set to delist from the ASX after facing continuous limited liquidity issues and persistently trading below its net asset value. The listed investment trust (LIT) is set to delist on June 14, with trades suspending ...

Super funds' IDR process weak, inadequate: AFCA

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... Problematic or the lack of IDR processes are some of the most prevalent systemic issues AFCA deals with. In one example, a fund failed to handle complaints appropriately both at the IDR and external dispute resolution (EDR) level and consistently delayed ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... absence for three months. Mark Landau will take time off to undergo medical treatment for an early-stage treatable cancer, the fund manager announced this morning. "Landau has informed the board that he expects to take leave of approximately three months ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... former director Christopher Brown, sought redress for bad advice provided in relation to the Masters Residential Property Fund (URF). Victims argued that Dixon financial advisers invested their money in the in-house product by not considering their best ...

Frontier promotes four staff members

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
Frontier Advisors has promoted four staffers - a principal consultant, a senior equities consultant and two quants from the capital markets team. In the asset consultant's latest round of promotions, Claire Casucci has been elevated to principal ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... higher PE multiple - as we believe is warranted for a business at this stage of its lifecycle." This comes after the boutique fund manager also reported a US$10.5 billion increase in FUM from January 31 to February 29. In addition, GQG announced last ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
The government is consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges ...

Citi scores $13bn custody, admin mandate

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... Citi Securities Services added an ASX-listed investment manager and advice group to its client book. Citi is now custodian, fund administration and registry services provider for Fiducian Group, having completed the migration of over 1300 assets, thousands ...

Fund managers prepare for harsher penalties

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
Fines for alternative fund managers for breaking regulations are expected to rise, according to new research commissioned by Ocorian. The international study among fund managers at private equity, venture capital and real estate firms revealed 79% were ...

GSFM partners with Eastspring to deliver new EM offering

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... there could be other future opportunities for cooperation with Eastspring. "Scale creates an advantage when partnering with a fund manager like Eastspring. While we are starting with the GEM Dynamic Strategy, there is the opportunity to broaden the partnership ...