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Showing 141 - 150 of 662 results for "Income Fund"

New fixed income boutique launches

KANIKA SOOD  |  MONDAY, 9 NOV 2020
... use J.P. Morgan, Tactical Global Management Limited (TGM) and Link Fund Solutions. The four funds are: Fortlake Real-Income Fund (for retail investors targeting 3% over RBA cash rate), Fortlake Real-Higher Income Fund (for retail investors targeting ...

Pengana shutters income-focused fund

KANIKA SOOD  |  THURSDAY, 5 NOV 2020
... equities fund, as it underperforms and the income opportunities in ASX stocks shrink. The Pengana Australian Equities Income Fund invested in 20 to 40 ASX-listed companies, with a focus on income. It has been around since August 2017 and was launched ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
... while about three are across its Perpetual WealthFocus Investment Funds. The latter includes Perpetual Diversified Income Fund, which is moving from 1.59% p.a. in management fees to 0.84% p.a. It also includes Perpetual Industrial Share Fund (1.98% to ...

Aberdeen drops fees on fixed income fund

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Aberdeen Standard Investments has dropped the fees on its $180 million Australian fixed income fund. Effective November 1, the fund will go from charging 51 bps per year in management fees to 45 bps. "It is to ensure that we remain competitive. We recognise ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
... keen on closed-ended listed funds. In September, it ousted Elstree Investment Management at the Australian Enhanced Income Fund (AYF) and installed 360, after a long-winded battle with the AYF board. It previously tried to launch a credit LIC of its ...

Consortium eyes Link Group

KARREN VERGARA  |  TUESDAY, 13 OCT 2020
... Link Fund Solutions and Link Market Services. Link Fund Solutions (UK) is the fund administrator of Woodford Equity Income Fund, which has shut down and is in the process of returning investors' money. The board said it will consider the proposal ...

New role for former Credit Suisse Australia chief

KANIKA SOOD  |  MONDAY, 28 SEP 2020
... Management (AAM). AAM has since hired Teiki Benveniste from Macquarie as its head, and has launched a global credit income fund. "Along with our senior Australia-based colleagues, Teiki Benveniste, Jean-Philippe Gaillard and Jan-Paul Kobarg, we look ...

Zurich distribution chief joins boutique

JAMIE WILLIAMSON  |  FRIDAY, 18 SEP 2020
... comes as Milford looks to expand its footprint in Australia, having launched its third unlisted fund, the Diversified Income Fund, last month. Brooks has been with Zurich for the last 15 years, having joined from Challenger in 2005. She's held a ...

New ETF set to debut on ASX

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
... InvestSMART family in 2014, and has since listed both its Ethical Share Fund (ASX: INES) and its Australian Equity Income Fund (ASX: INIF) on the ASX. InvestSMART is chaired by Paul Clitheroe and features the likes of Alan Kohler, Ron Hodge, Catherine ...

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
... victory as unitholders of a credit LIC it tried to take over voted in its favour. Unitholders of the Australian Enhanced Income Fund (AYF) yesterday afternoon approved 360's attempt to replace current responsible entity, Elstree Investment Management ...