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Showing 161 - 170 of 691 results for "Absolute return"

Profit downgrade hurts Challenger

KARREN VERGARA  |  THURSDAY, 24 JAN 2019
... period. Challenger flagged its life business, which comprises annuities and Accurium, will also take a hit. The absolute return portfolio, with $800 million of assets under management, will have lower cash distributions of $10 million, down from $13 ...

Amundi Asset Management Australia chief exits

KARREN VERGARA  |  MONDAY, 21 JAN 2019
... Asset Management and Societe Generale Asset Management. In the same year, Alpha Fund Managers added Amundi VaR8 Absolute Return Strategy to its multi-manager lineup. The Amundi strategy is a single-manager, multi-strategy absolute return fund domiciled ...

Primary digs heels on Aurora fund

KANIKA SOOD  |  FRIDAY, 18 JAN 2019
Primary Securities is sticking to its attempt to take over as responsible entity of the Aurora Absolute Return Fund. This is despite Aurora's refusal to acknowledge the validity of Tuesday's vote. On Tuesday at a meeting held in Canberra, unitholders ...

Investors rage coup against Aurora

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
Investors in the troubled Aurora Absolute Return Fund have voted to boot Aurora Funds Management as the responsible entity. However, Aurora contests the validity of this vote. The challenger is Primary Securities, backed by some investors of the fund ...

Industry fund awards $180m fixed income mandate

HARRISON WORLEY  |  TUESDAY, 18 DEC 2018
... Australian-domiciled Payden Global Income Opportunities Fund (PGIOF). PGIOF provides Australian investors with access to Payden's absolute return investment strategy (PARI). Energy Super's latest investment means three Australian institutional clients ...

NZ Super awards $300m mandate

DARREN SNYDER  |  THURSDAY, 13 DEC 2018
The New Zealand Superannuation Fund has awarded a $298 million (US$215m) risk-arbitrage mandate to a diversified international investment manager. Neuberger Berman won the customised mandate and its principal strategies group will oversee the investments. ...

Insurer awards $80m mandate

KANIKA SOOD  |  MONDAY, 10 DEC 2018
An Australian insurer has awarded a Natixis affiliate a mandate to manage $80 million in an absolute return strategy. The H20 Adagio strategy targets an absolute return between 2-4% per year, over the recommended two-year investment period through investments ...

Yarra targets wholesale market

DARREN SNYDER  |  WEDNESDAY, 7 NOV 2018
... May 2017 from Victorian Funds Management Corporation, said investors were seeking access to a floating rate and absolute return credit portfolio in a fund format. "Yarra's proven investment processes combined with its broader Australian fundamental research ...

GAM chief executive steps down

JAMIE WILLIAMSON  |  WEDNESDAY, 7 NOV 2018
... identified issues with risk management processes and record keeping. Haywood oversaw the group's suite of absolute return bond funds. The suspension triggered an overwhelming number of redemptions and GAM was forced to halt trading and liquidate ...

BennBridge boutique launches small caps fund

KANIKA SOOD  |  THURSDAY, 18 OCT 2018
... versus the benchmark FTSE Small Cap Index of 114%. The new fund will sit alongside the team's £500m ($920.3m) UK absolute return strategy.