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Showing 1821 - 1830 of 22923 results for "management"

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... work needs to be done. Briggs pointed to an FSC survey of 29 superannuation, financial advice licensees, and funds management members, which found that each minor breach reported to ASIC costs $3800 in documentation, senior executive time, and auditor ...

Macquarie AM expands $300m active ETF platform

MATTHEW WAI  |  WEDNESDAY, 19 FEB 2025
Macquarie Asset Management (MAM) has launched two actively managed fixed income ETFs, bringing its total offerings to seven - four in fixed income and three in equity - with over $300 million assets under management. The Macquarie Global Yield Maximiser ...

HUB24 engulfs ClearView's remaining superannuation business

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
... WealthFoundations' trustee, Equity Trustees Superannuation, told members that the move was part of ClearView's exit from wealth management and the wind up of the ClearView Retirement Plan. The SFT is expected to occur on or around March 1. According ...

Dexus delivers profit, flags 'turning point'

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
... strong population growth." The turnaround in performance follows a tough year for Dexus. In August 2024, Dexus Funds Management wiped $1.9 billion off its property portfolio, driven by the office sector rout which lost $1.8 billion in value. In addition ...

Future Generation appoints chief investment officer

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... for fund manager selection and managing the company's portfolio. Future Generation's fund managers waive all management and performance fees so that 1% of the group's assets can be donated to non-profits that support youth at risk, youth ...

Challenger profits up, share price falls

ANDREW MCKEAN  |  TUESDAY, 18 FEB 2025
... tax (NPAT) of $225 million, up 12%, driven by higher earnings across its retirement income brand, Life, and its funds management division, according to its first-half 2025 results announcement. The investment management firm's statutory NPAT, meanwhile ...

CSC sells down data centre holdings to Future Fund, Infratil

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
... will hold a 34.55% stake in the company, while Infratil will have 49.75%. The CSC retains its remaining 12.04%. CDC management, led by chief executive Greg Boorer and the largest individual shareholder, will retain 3.66% of ownership. The total consideration ...

HMC Capital boosts AUM by 45% to $19bn

KARREN VERGARA  |  TUESDAY, 18 FEB 2025
HMC Capital's slew of acquisitions skyrocketed assets under management (AUM) by 45% in the half year to December to $18.5 billion. At the rate it is going, the alternatives fund manager expects to double AUM to $50 billion over the next three to ...

Our results were strong: Alexis George

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
AMP chief executive Alexis George has told Financial Standard that the company's 2024 financial year results were strong, despite its share price being caned since the announcement. George said that wealth business flows, excluding its bank, have ...

Partners Wealth Group appoints new head of Partners Private

ANDREW MCKEAN  |  MONDAY, 17 FEB 2025
... Partners Wealth Group has appointed a new head of its wholesale investments business, Partners Private. The wealth management firm named Fraser Herd to oversee the development and expansion of its private investment opportunities for clients and partner ...