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Showing 2051 - 2060 of 22782 results for "Funds"

Pacific Current sells European boutique

KARREN VERGARA  |  MONDAY, 22 JUL 2024
... managing portfolios of life settlements, which involves selling life insurance policies to third parties. It operates two funds that invest in the life settlements market. PAC chair Tony Robinson said: "The sale of Carlisle to Abacus marks another very ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...

Regal splashes out on slice of Argyle Group

JAMIE WILLIAMSON  |  FRIDAY, 19 JUL 2024
... cash. Following the divestment, Argyle is now Australia's largest pure-play water entitlements investment manager, with funds under management of about $1.4 billion. Its investors are largely wholesale, family office and institutional clients. Argyle's ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... until at least February 2022; this included using "unfair tactics" to seduce clients into depositing and trading with more funds than they intended. "ASIC has reason to believe that Zakhaim and Anderson are not fit and proper, nor adequately trained ...

Boutique ESG fund manager folds

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
Boutique Ethical Partners Funds Management is shutting its doors after seven years in operation. Chief executive Matt Nacard and investment director Nathan Parkin established the firm in late 2017 and launched the flagship Ethical Partners Australian ...

Wealth managers rev up for Lifeline, Starlight

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... alike. The new venue at Coolangatta Estate Winery will help us deliver an unparalleled experience while raising much-needed funds for Lifeline and Starlight Foundation." "It's not just about showcasing the impressive cars but also about creating ...

Kraken expands custody solution to Australia

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... transfer crypto assets in Kraken Custody from today. Kraken Custody will allow investors to trade cryptocurrencies while funds remain in segregated accounts. "Kraken has long had a strong presence in the UK and Australia, so they were the prime destinations ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... goes with the details of the talent and innovation visa, "it could be terminal to the current business model of managed funds insofar as managed funds use visas as a vehicle to obtain foreign investment." "One area that might mitigate that risk for managed ...

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
... up 24% for the year. Bond market returns were modest and returns for unlisted assets were varied - global infrastructure funds continued to enjoy strong returns, while returns for domestic property funds were weak overall," Wang said. "Our portfolio ...

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
... 9.07% in FY23/24 exceeded the 6.9% pa return over the past seven years and continues to be one of the top three industry funds nationally for lowest MySuper fees, Brighter Super said. The super fund's pension options also performed strongly, with the ...