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Showing 1821 - 1830 of 21890 results for "Fund."

Harvard endowment delivers 9.6% return, hits $53.2bn

ANDREW MCKEAN  |  FRIDAY, 18 OCT 2024
Harvard University's endowment has delivered a 9.6% return for the fiscal year ending September 30, bringing its total value to $53.2 billion. The endowment, which targets an 8% annual return, has achieved an annual return of 9.3% over the seven years ...

VFMC investment team takes shape

ELIZABETH FRY  |  FRIDAY, 18 OCT 2024
Victoria Funds Management Corporation's investment chief has completed the final step in revamping his investment team to build a more efficient delegation structure. Russell Clarke has streamlined his direct reports to four - head of portfolio ...

Franklin Templeton boosts sales team

ELIZABETH FRY  |  FRIDAY, 18 OCT 2024
Franklin Templeton has added Cooper Investors' head of intermediary distribution Rebecca Morgan to its sales team. Felicity Walsh, managing director of Franklin Templeton Australia and NZ, confirmed that Morgan has joined the global asset manager ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
Australian Ethical has recorded a 24% growth in funds under management so far this financial year, fuelled by its acquisition of Altius Asset Management. Australian Ethical has $12.95 billion in funds under management (FUM) as at September end. About ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
Perpetual shareholders' overwhelming rejection of the remuneration report yesterday comes as the fund manager stemmed outflows in the September quarter. In an opening address to the annual general meeting (AGM), outgoing Perpetual chair by Tony ...

Super fund fees exploit Australians' low financial literacy

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
Vanguard Investments Australia managing director Daniel Shrimski believes Australians would be shocked to learn how much is being drained from their retirement savings through super fund fees. New research commissioned by Vanguard, conducted by CT Group ...

Zenith appoints new head of research

ELIZA BAVIN  |  WEDNESDAY, 16 OCT 2024
Zenith Investment Partners has appointed Grant Kennaway to the new role of group head of research, with accountability for both investment and super fund research across the Australian business. In this role Kennaway will be responsible for leading ...

Nest plans retirement income play

JAMIE WILLIAMSON  |  TUESDAY, 15 OCT 2024
Nest, the UK's largest defined contribution workplace pension scheme by members, will work with WTW and Hymans Robertson to develop a retirement offering. It's estimated that in the coming years one in three UK workers will have pension savings with ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
ASIC has stripped the Australian financial services licence (AFSL) of Aretean Ltd Pty, trading as Aretean Capital, following the fund manager's failure to comply with its obligations. Aretean Capital boasts assets under management of over $250 million ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
Monochrome Asset Management has launched an Ethereum exchange-traded fund (ETF) on stock exchange Cboe Australia today. The Monochrome Ethereum ETF (IETH) aims to give investors a return that matches the price of Ethereum in Australian dollars; it has ...