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Showing 2071 - 2080 of 22972 results for "management"

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... 'favourable' valuation governance frameworks. These were all large funds, representing 31% of the total in-scope funds under management (FUM) and close to six million member accounts. Twelve trustees were given an 'amber' rating, meaning their frameworks ...

Cost-of-living worries drain retirement confidence: MFS

KARREN VERGARA  |  TUESDAY, 17 DEC 2024
... they want as managing finances amid the cost-of-living crisis dampens their confidence, a survey from MFS Investment Management found. Only 23% of more than 1000 participants canvassed are confident they will be able to retire at the age they want, which ...

JBWere partners to launch fixed income funds

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
JBWere is launching two active fixed income products, backed by UBS Asset Management (UBS AM), to provide wholesale clients access to domestic and global credit options amid growing demand for the asset class. The product suite, which includes the UBS ...

Oaktree completes $240m AZ NGA deal

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
Following its announcement earlier in September, the transaction has been finalised, with Oaktree Capital Management becoming AZ Next Generation Advisory's (AZ NGA) largest shareholder with a $240 million investment. As part of the deal, Azimut retains ...

BNP Paribas secures Insignia mandate

ELIZA BAVIN  |  TUESDAY, 17 DEC 2024
... custody and administration services. BNP Paribas said the mandate with Insignia, which holds $319.6 billion funds under management and administration, further strengthens its position in the Australian market. BNP said Insignia will benefit from its ...

Chalmers unveils new-look RBA boards

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
... board. Baker has 35 years' experience in the financial services sector, with a focus on retail banking and funds management. She recently served as chief executive of Bendigo and Adelaide Bank and deputy chair of the Australian Banking Association. ...

Betashares terminates nine funds

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
... of our growing product range" and noted that the impacted funds account for just over 0.2% of its total funds under management, which has surged to more than $46 billion. Despite the closures, some funds have delivered strong performance; for example ...

CapitaLand buys Wingate, expands local presence

MATTHEW WAI  |  MONDAY, 16 DEC 2024
... opportunities to scale our Australian presence through our listed funds, private funds as well as our commercial and lodging management businesses to drive fee income growth for CLI." Under the deal, Meltzer will continue serve as a non-executive director ...

Australia home to 43 billionaires: UBS

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... Forest ($17bn each). Given the continued growth in the number of Australian billionaires, head of UBS global wealth management for Australia Michael Marr said something within this "we're watching closely is the rapidly growing number of female billionaires ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
... TPG, passed away this week. Bonderman, affectionately known as 'Bondo' to many, was also founder of Wildcat Capital Management, the Bonderman family office, and owner of National Hockey League franchise the Seattle Kraken. Born in 1942, Bonderman founded ...