Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 512 results for "Global Fund"

T. Rowe Price hires ETF consultant

KANIKA SOOD  |  THURSDAY, 11 MAR 2021
The global funds management giant, which does not have an ETF business in Australia, has hired the former boss of an ETF issuer as a consultant. Kris Walesby was the chief executive of ETF Securities for nearly five years, before his sudden departure ...

BlackRock reinforces commitment to ESG

RACHEL ALEMBAKIS  |  WEDNESDAY, 27 JAN 2021
... leaders. Fink's annual letter to chief executives sets the engagement agenda for the year with the companies in which the global fund manager is invested. This year's letter is focused on the global transition towards a net zero economy, and what that ...

BlackRock readies for crypto exposure

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
The world's largest asset manager is flirting with the idea of investing in cryptocurrency, priming two of its global funds to potential exposure to bitcoin futures. Two filings with US watchdog the Securities and Exchange Commission reveal that two ...

Magellan continues fund restructure

ANNABELLE DICKSON  |  MONDAY, 18 JAN 2021
... investors. Magellan announced in August that it was seeking unitholder approval to combine the investment funds of Magellan Global Fund (the unlisted managed fund), Magellan Global Equities Fund (active ETF, MGE) and Magellan Global Trust (listed investment ...

Macquarie IM the nation's largest manager

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
... threshold in the previous two quarters. Accounting for foreign companies, State Street Global Advisors is the largest global fund manager in Australia with $174.9 billion in assets. Vanguard, which had $150.7 billion, came in second despite experiencing ...

Lack of diversity major business risk: SSGA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021
... is a systemic risk that "threatens lives, companies, communities, and our economy", according to one of the largest global fund managers. State Street Global Advisors (SSGA) president and chief executive Cyrus Taraporevala has issued his annual letter ...

Praemium sees benefits of scale

ELIZA BAVIN  |  WEDNESDAY, 13 JAN 2021
Praemium saw a sharp rise in the December quarter as a result of its acquisition of Powerwrap, showcasing the benefit of increased scale. The platform saw a 69% increase year-on-year in global funds under administration (FUA), lifting the business to ...

Best managed funds, ETFs named

STAFF WRITER  |  FRIDAY, 4 DEC 2020
... year and 8.26% p.a. over five years) was the best Australian shares ESG fund. Global equities winners Magellan's Global Fund (8.97% over the year and 12.03% p.a. over five years) topped the international shares funds category, followed by Hyperion's ...

Climate change-focused fund introduced

RACHEL ALEMBAKIS  |  WEDNESDAY, 2 DEC 2020
... aim to have a positive impact on climate." As reported in sister publication FS Sustainability, the £522 billion global fund manager has identified climate risk as one of three megatrends - including biodiversity loss and anti-microbial resistance - ...

Magellan adds to board

ANNABELLE DICKSON  |  MONDAY, 30 NOV 2020
... global equities funds to create a $15 billion fund that will combine the unlisted, ETF and LIT versions of the Magellan Global Fund. Portfolio manager Chris Wheldon said it was the restructure that Magellan used as an opportunity to adopt the unhedged ...