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Showing 1951 - 1960 of 22782 results for "Funds"

ISPT, IFM Investors merger advances

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... businesses and capabilities and a common shareholder base. In the past, the two collaborated on launching International Property Funds Management (IPFM), which invests in global unlisted real estate. Tony McCormack was appointed as the inaugural chief ...

BUSSQ fights back against regulatory imposition

ANDREW MCKEAN  |  MONDAY, 26 AUG 2024
... are also CFMEU officers. The industry fund, while supportive of the prudential regulator's role in overseeing super funds, contended that concerns raised in the recent licence conditions imposed on the fund have already been the subject of "extensive ...

Former Brisbane adviser found guilty of fraud again

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... unregistered managed investment scheme. Many of the investors contributed to ADSIF through their self-managed superannuation funds. He advised his clients that it was a diversified fund, investing in cash, property equities, aquaculture, and agriculture ...

'Opaque asset class' needs regulation: Datt Capital

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... more vulnerable to unexpected changes in circumstances than large institutional investors. The closed-end nature of many funds within this asset class can pose significant challenges for investors," Datt added. "This makes it difficult for investors ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
State Street Global Advisors (SSGA) has taken a 5% stake in micro-investment platform Raiz as the latter uses funds to expand its market share and jump on the artificial intelligence bandwagon. SSGA will acquire its 4.8% interest worth $1.97 million ...

Regulators given new powers to protect financial markets in crises

ANDREW MCKEAN  |  FRIDAY, 23 AUG 2024
... a crisis event, intended as a last resort where financial failure threatens the stability of the financial system. "The funds allow the Reserve Bank to step in to resolve the business of the clearing and settlement service; the funds would be recovered ...

AET boosts Equity Trustees' FY24 performance

KARREN VERGARA  |  FRIDAY, 23 AUG 2024
... services account for 41% of revenue at $72 million. EQT's statutory net profit after tax was up 10% to $20.7 million. Funds under management, administration, advice, and supervision grew 27% year on year to $202.8 billion. "The outlook for FY25 benefits ...

Retirees not confident in Age Pension: Allianz Retire+

MATTHEW WAI  |  FRIDAY, 23 AUG 2024
... yet developed a retirement plan tailored to a specific life expectancy, and only 24% are comfortable with their retirement funds.

Pacific Current sees profits up 24%

ELIZA BAVIN  |  FRIDAY, 23 AUG 2024
Pacific Current Group (PAC) saw funds under management grow 18% to $42.5 billion for the full year ended June 30. Boutique Contributions, ex mark-to-market adjustments, grew 16% driven by a 23% growth in management fee-related revenues. In addition ...

New bill seeks to block investments involving Cbus

ANDREW MCKEAN  |  THURSDAY, 22 AUG 2024
... adding that involving the industry fund and the scandal-plagued union in the HAFF "further risks the integrity of taxpayer funds locked in the misguided scheme." He also noted even before the scheme became law, Cbus chair Wayne Swan committed $500 million ...