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Showing 1641 - 1650 of 20094 results for "Asset"

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Platinum Asset Management has unleashed a major reshuffle of its leadership team as it continues to focus on turnaround plans. In February 2024, Platinum announced a comprehensive turnaround program under the leadership of chief executive Jeff Peters. ...

Technology optimises family office performance: KPMG

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... portfolio management reporting. KPMG found that the number of family offices used a combination of solutions for different asset classes where performance reporting could be nuanced. Privately held illiquid positions such as limited partners' interests ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... the distribution will be proceeded "as soon as reasonably practicable". The fund was incepted in April 1995 and has a net asset value of about $10.9 million as of January 31. The fund provided exposure to a diversified portfolio of cash and fixed interest ...

Cbus appoints deputy investment chief

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
Cbus has named a new deputy chief investment officer to replace the role Alexandra Campbell vacated last July. Leigh Gavin was promoted to the role after serving as head of portfolio strategies since October 2023. Gavin oversaw the super fund's ...

AI is not a bubble: ECP Asset Management

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
ECP Asset Management principal, investments Justin Warton told Financial Standard that the artificial intelligence (AI) boom is still getting started, despite heightened valuations. "The market has seen this movement towards generative AI, and I think ...

PIMCO local managing director to step down

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... PIMCO's Munich office. Before joining PIMCO, Mead was a managing director and head of European fixed income at Citigroup Asset Management based between London and New York. He also spent time at J.P. Morgan Asset Management and Bankers Trust based ...

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
Australian super funds are expected to pump huge amounts of money into the US over the coming decade, according to a report from Mandala, in conjunction with Super Members Council and IFM Investors. The Going Global report said Australians' superannuation ...

MLC wary of but not opposed to bitcoin

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... executive order establishing a working group tasked with, amongst other things, evaluating the potential for a 'national digital asset stockpile', akin to America's oil reserve, and proposing a regulatory framework for the issuance and operation of cryptocurrencies," ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... reporting period, the books will take a hit of $24.4 million. The ASX-listed firm will instead go ahead with separating the asset management business from the other operations. Perpetual said this is "well advanced on these initiatives which were already ...

Iress posts strong profit rebound, completes transformation program

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
Iress has reported a statutory net profit after tax (NPAT) of $88.7 million for the 2024 financial year, a $226.2 million turnaround from the previous year's loss, while also announcing the completion of its transformation program. The financial software ...