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Showing 151 - 160 of 1395 results for "MAG"

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
Vanguard, Betashares, iShares, and VanEck have attracted most of the ETF inflows in Australia for 2024, with competition among these issuers fierce. Vanguard led with $4.07 billion in inflows, followed by local player Betashares with $3.98 billion ...

Magellan adds $2bn to FUM

MATTHEW WAI  |  WEDNESDAY, 7 AUG 2024
Contrary to recent months, Magellan Financial Group gained close to $2 billion in funds under management (FUM) in July. Magellan reported $38.4 billion as of July 31, up nearly 5% from the previous month's reading of $36.6 billion. Throughout the ...

FICAP RockStar raises over $100k for charity partners

JAMIE WILLIAMSON  |  FRIDAY, 26 JUL 2024
An analyst at KPMG took out the top prize at the Finance Industry Community Aid Program's annual RockStar event, which raised more than $100,000 for charity. Performing at The Beresford in Sydney's Surry Hills last night, KPMG senior audit analyst ...

SEC gives final approval for Ethereum ETFs

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
The Securities and Exchange Commission (SEC) has given final and official approval Ethereum ETFs, making it the second digital asset ETF to hit US markets after Bitcoin ETFs were launched in March this year. Back in May, the SEC approved eight Ethereum ...

FICAP to support Aussie icon in 2024

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
The Financial Industry Community Aid Program (FICAP) will raise funds for Life Ed, the charity behind Healthy Harold, at its annual RockStar event next week. FICAP has selected Life Ed as its new charity partner in 2024, providing funding for the Healthy ...

Magellan fund to launch as active ETF

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Magellan's Global Fund (MGF) has converted to an open-class structure that will soon trade as an active exchange-traded fund (ETF) on the ASX. On July 10, the New South Wales Supreme Court approved to convert the fund from a closed-class unit to ...

Australian ETF industry blazes past $200bn

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The Australian ETF industry has rocketed past $200 billion in assets under management, with a prominent fund manager forecasting it could grow to $500 billion by 2030. ETF market capitalisation jumped by 15.7% in the first half of 2024 to $205.3 billion. ...

Ausbil reshuffles distribution team

ELIZABETH FRY  |  FRIDAY, 5 JUL 2024
Ausbil Investment Management's head of wholesale distribution will retire after 17 years with the firm, leading to changes in the sales team. Hik Chadirchi will leave at the end of the month. As a result, the active equities investor's institutional ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
Rest's core strategy default MySuper investment option, where most of its two million members are invested, delivered a one-year return of 8.67% over the last financial year. This exceeds its long-term average annual return of 8.29% since July 1988. ...

ASIC takes action against Guildfords FM, director

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
ASIC has cancelled the licence of Guildfords Funds Management and banned its managing director Robert Payne for their involvement in the collapse of Magnolia Capital Group. ASIC found "significant and systemic failures of oversight and compliance" upon ...