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Showing 1811 - 1820 of 20098 results for "Asset"

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... chair Lincoln McMahon, with Campbell Fleming named as his successor. Fleming joined Bennelong with 35 years' experience in asset management and financial services having previously run the distribution integration at abrdn (formerly Aberdeen Asset Management) ...

Bitcoin now 7th largest global asset

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
Bitcoin finished 2024 up 123.4%, ranking as the seventh largest global asset by market capitalisation, according to new research from Binance Australia. However, momentum stalled in late December when the US Federal Reserve scaled back its planned 2025 ...

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Vision Super has told members administration fees will be lowered once it has completed the merger with Active Super. Vision Super said after the successor fund transfer (SFT) on 1 March 2025, administration fees will drop from $78 per annum to $66.04 ...

UBS injects $100m into Centuria Bass

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
Centuria Bass Credit, the real estate funding solutions provider, has expanded its debt warehouse facility with an additional $100 million senior secured commitment from UBS. The additional funding increased Centuria Bass' debt warehouse facility to ...

Family offices turn to start-ups, M&As: PwC

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... fundamentally transforming" as they become prominent players in an expanding array of investment deals across a range of asset classes. "Contrary to the belief that family offices are homogeneous and typically created through a "cash event" like a company ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... Morningstar. Last Friday, Insignia shot down rumours that it fielded a takeover offer from global investment giant Brookfield Asset Management. Making an announcement on the ASX, Insignia noted the speculation that Brookfield was actively weighing a ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
Platinum Asset Management grew its assets under management (AUM) in the last month of 2024 to end up with $11.1 billion. The fund manager made a net gain of $93 million during the month of December despite experiencing outflows of $289 million. Some ...

Managed funds industry winners and losers

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... management will be based on index and smart beta - and what I call smart products at a reasonable price," he said. In terms of asset class winners, global small caps have experienced strong monthly net flows over the last year - except for one month ...

Bitcoin returns 147%, outshines bull market

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... reaped nearly four times more in returns compared to US equities during 2024, achieving 147% and trumping all the major asset classes. According to a VanEck and Bloomberg analysis, US equities delivered 38.2% for the year while global equities in general ...

Stamford Capital Investments launches new fund

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Stamford Capital Investments (SCIM), the investment management arm of Stamford Capital, has launched its fourth fund, seeking to raise $100 million from wholesale investors. It expects to raise $30 million by the end of January for the fund's first ...