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Showing 171 - 180 of 734 results for "Investment Fund"

Fiducian's FUA inches to $4bn

KARREN VERGARA  |  MONDAY, 16 AUG 2021
Fiducian Group's funds under advice continues to grow but could be dampened by legacy clients that will not renew the services of an adviser. Fiducian's FUA went up $700,000 to $3.7 billion in the year to June 2021, thanks to acquisitions, inflows ...

Super, fund manager ASX dominance launches inquiry

KARREN VERGARA  |  MONDAY, 2 AUG 2021
Member of Parliament Tim Wilson will lead the charge to determine if big super's domination over the Australian sharemarket is stifling competition. This morning, the House of Representatives Standing Committee on Economics announced the launch ...

IOOF advice outflows soar

ANNABELLE DICKSON  |  THURSDAY, 29 JUL 2021
The wealth manager recorded significant outflows in its financial advice business as advisers departed following its transformation strategy. Financial advice recorded $2.2 billion in outflows from 33 advisers departing from IOOF's self-employed advice ...

FIRB updates guidance

ELIZABETH MCARTHUR  |  MONDAY, 26 JUL 2021
Treasury and the Foreign Investment Review Board (FIRB) have released new guidance that will impact all foreign private capital investments in Australia. The guidance is mainly in respect to exemption certificates. It confirms that the exemption certificate ...

Greenwashing scrutiny needed: Evergreen

ELIZABETH MCARTHUR  |  FRIDAY, 23 JUL 2021
... funds not exhibiting this commitment." Greenwashing in investments involves misrepresenting or overstating an investment fund's commitment to ethical or socially responsible investing. "In our experience, the incidence of greenwashing is in the order ...

Channel Capital adds Cayman director

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
The Sydney multi-boutique has appointed a director to its Cayman Islands business. Channel Capital Cayman appointed Craig Brenton as a director, focused on governance. Brenton was most recently the head of fund services at Catalyst Fund Administration ...

Maine forces pension funds to dump fossil fuels

JAMIE WILLIAMSON  |  WEDNESDAY, 16 JUN 2021
The state of Maine has become the first in the United States to pass legislation forcing its pension fund to divest fossil fuels. Last week, Maine passed bill LD99; an act to require the state to divest itself of assets invested in the fossil fuel industry. ...

Perennial to launch fund, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
Perennial will launch its third private company investment fund for wholesale investors on July 14 and has hired an investment head from Investec. The Perennial Private to Public Opportunities Fund No. 3 has a minimum raising target of $50 million ...

ASIC drops Regal action

ANNABELLE DICKSON  |  WEDNESDAY, 16 JUN 2021
... certain securities. At the time, Equity Trustees as the responsible entity requested trading be halted on Regal Investment Fund. "As an active participant in equity markets, we acknowledge the important role that ASIC plays in ensuring the proper function ...

Lessons from GPIF: Mizuno

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
... not favourably inclined to do it. Mizuno said during his time as chief investment officer at Japanese Government Investment Fund (GPIF) he declined an invitation by the UN Secretary General to join the Net-Zero Asset Owner Alliance. "At that time, the ...