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Showing 1941 - 1950 of 21890 results for "Fund."

Evergreen funds prime for retail PE investors

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
During a panel session at the act Conference 2024 yesterday, private equity experts spoke of the growing appeal of evergreen funds as a vehicle for retail investors looking to invest in private markets. Unlike traditional private funds, evergreen funds ...

Future Fund annual return 'very strong'

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
The Future Fund delivered a 9.1% annual return in FY24, adding $18.8 billion to the portfolio, bringing the sovereign wealth fund's total value to $224.9 billion. This performance lifts its 10-year average annual return to 8.3%, exceeding a mandate ...

ClearBridge launches new ESG fund

MATTHEW WAI  |  WEDNESDAY, 4 SEP 2024
ClearBridge Investments has launched the Global Value Improvers Fund, which aims to provide exposure to undervalued companies and those that are currently improving on ESG measures. This comes after ClearBridge launched its first global equity option ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
Spirit Super's investment options will be renamed and changed to align with those currently offered by CareSuper ahead of their merger in November. Spirit Super's default balanced investment option will shift to a more defensive stance, adjusting ...

Australian Ethical locks in new custodian

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
Australian Ethical will transition its custody and investment administration to State Street. The investment manager said its investment focus will be the delivery of "key inflight projects" in FY25, including the transition to State Street as its current ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...

End of the road for three Franklin Templeton funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Franklin Templeton has terminated two funds and is in the process of shuttering another as the strategies failed to scale assets under management (AUM). The funds are Martin Currie Diversified Income Fund, Martin Currie Tactical Allocation Fund, and ...

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
Former Courtenay House director Tony Iervasi has been sentenced to prison for 11 years, with a non-parole period of seven years, for his involvement in one of the nation's biggest Ponzi schemes. Between 13 December 2010 and 21 April 2017, Iervasi ...

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
The Australian exchanged-traded fund (ETF) sector will likely hit $1 trillion by 2030, accelerating at a faster rate than the US today. According to Global X's Australia ETF Landscape report, the ETF market grew 37.3% over the past year to $206.2 ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
Super funds are falling short of millennial members' expectations, according to financial experts at an ASIC roundtable. The roundtable panellists, which included financial adviser Andrew Dunbar, She's on the Money podcast host Victoria Devine ...