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Showing 1 - 10 of 30591 results for "Fund"

UniSuper battles major system outage

JAMIE WILLIAMSON  |  FRIDAY, 3 MAY 2024
... malicious act or cyber-attack, and UniSuper data has not been exposed to unauthorised parties as a result of this issue," the fund said. It is working with Google Cloud to restore services as quickly as possible, it said. While the issue has been ongoing ...

Janus Henderson acquires NBK Wealth, Tabula Investment Management

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management. The US$353 billion asset manager said in its Q1 2024 results that NBK Wealth's private ...

Pinnacle backs fledgling UK boutique

KARREN VERGARA  |  FRIDAY, 3 MAY 2024
... Rutter's role. RLAM chief executive Hans Georgeson said there will be no change to the investment approach which underpin the fund manager's equity capabilities across global, UK, sustainable or quantitative funds. The funds will continue to ...

Macquarie Group profits falls 32% to $3.52bn

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year. The firm's assets under management increased to $938.3 billion, up 7% from 31 March 2023, but primarily due to favourable ...

Asset managers prioritising product quality: Northern Trust

ANDREW MCKEAN  |  FRIDAY, 3 MAY 2024
... quality and accuracy as the top priority, with efficiency and cost controls ranking higher. Northern Trust head of global fund services for North America Ryan Burns, said that asset managers are focused on honing their distribution channels, and high-quality ...

ART names advice and education leads

ELIZABETH FRY  |  FRIDAY, 3 MAY 2024
... executive general manager for advice, guidance and education Anne Fuchs said the new team structure will best position the fund as it delivers on member needs. "Driving an advice-led retirement for all our members is a key element of Australian Retirement ...

Count upgrades synergy benefits after Diverger acquisition

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
Count has updated the expected cost synergy benefits expected to be achieved following the acquisition of Diverger. It said annualised expected cost savings had been upgraded to approximately $4 million by FY25, which is an increase from the initial ...

ASIC issues warning over scammers using fake AFSLs

ELIZA BAVIN  |  FRIDAY, 3 MAY 2024
ASIC has issued a fresh warning over the increase in the sophistication of fake bond and term deposit scams. ASIC said scammers are impersonating little-known legitimate financial services businesses, often those without a website or digital footprint. ...

Mercer rolls out new corporate super plan

ANDREW MCKEAN  |  THURSDAY, 2 MAY 2024
Mercer Super has launched a new corporate superannuation plan for employers of all sizes called Mercer Business Super. Mercer Super chief executive Tim Barber told Financial Standard that historically, Mercer Super Trust's "bread and butter" has been ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... revenues from mining thermal coal or the sale of it to third parties. Speaking to Financial Standard, ART said the super fund was committed to achieving a net zero greenhouse gas emissions investment portfolio by 2050. "Australian Retirement Trust applies ...
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