Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2011 - 2020 of 22782 results for "Funds"

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
... option. Finally, offering an update on the merger with Active Super, Vision Super chief executive Stephen Rowe said the funds "plan to have most activities finished before the end of the year." "When we return in the new year, we can then focus on business ...

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... chief executive in 2022 following the acquisition of ETF Securities by Mirae Asset. Since then, Global X has launched 19 new funds and grown its assets under management by $3 billion. The most recent fund was an Australian Bank Credit ETF (ASX: BANK) ...

Choice products require fairer framework: FSC

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... evolve to meet their needs," he said. "Australia's regulatory framework need to evolve to accommodate the superannuation funds, investment platforms and financial advisers that cater to Australians with more complex financial needs."

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... director of BNY Mellon Investment Management Australia, a role he left in December 2014. During his tenure at Macquarie Funds Group, he was responsible for the group's Australian and global fund distribution for institutional investors and other ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... to say that the "issues were not intentional and we apologise to our members and clients" and that it will not use member funds to pay the penalty. ASIC took Mercer to the Federal Court in early 2023 when it alleged that it made false and misleading ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... orders restricted these entities from transferring property out of Australia, incurring new liabilities, or withdrawing funds from their bank accounts. The proceedings regarding the interim orders have been adjourned to next week. Hewish, on his social ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
... has been part of the AXA Group for 25 years and, in that time, has grown to house some $1.4 trillion (€850 billion) in funds under management. When combined with BNP Paribas, the newly formed business would boast total assets under management of close ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
Pinnacle Investment Management's affiliates reported a 20% jump in funds under management (FUM) as it welcomes Life Cycle Investment Partners to the fold. The multi-boutique reported total FUM of $110.1 billion at the end the 2024 financial year. ...

GSFM appoints key account manager

JAMIE WILLIAMSON  |  THURSDAY, 1 AUG 2024
... Australian and New Zealand markets. "We have formed new partnership with several firms in the past 12 months to distribute their funds and strategies. "We are seeing increasing interest in GSFM's funds and strategies from intermediaries, and Lewis' appointment ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... point, according to a report by Preqin. However, there is a silver lining as fundraising for APAC-focused private equity funds increased in the second quarter of 2024, climbing to $14.8 billion from $11.5 billion in the previous quarter. Asia-regional ...