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Showing 2091 - 2100 of 22782 results for "Funds"

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
... enforcement activity, while supervision and surveillance have been allocated $6.5 million. Investment managers, superannuation funds, and related services will have to fork out $65.65 million, while market infrastructure and intermediaries will pay $64.1 ...

GAM launches alternative investments unit

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... years' experience in the global hedge fund investment management industry, having managed a range of alternative investment funds and managed accounts. From 2017 to 2023, Freeman was a member of the Investment Committee of SSVL Monaco, a Monaco based ...

Global outfit acquires Vasco Trustees

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024
... and top 300 private equity firms." "Through this acquisition, TMF Group will be offering a one-stop-shop solution to its funds and other institutional clients, further strengthening its funds management capabilities," TMF Group said. Vasco Trustees provides ...

Stake to operate under its own AFSL

ANDREW MCKEAN  |  MONDAY, 8 JUL 2024
... offering services as an authorised representative of Stakeshop AFSL - a company in the Stake group. This means that the funds of Stake customers, currently held on trust with an authorised deposit-taking institution (ADI) by Sanlam, will instead be held ...

AWAG invests in advice firm, adds to network

KARREN VERGARA  |  MONDAY, 8 JUL 2024
... management unit Armytage Private. It has a 5% shareholding E&P Financial Group (EP1) via Armytage. The group has a total of funds under administration and management of more than $2.1 billion. "AWAG has an active pipeline of both EPS investments as well ...

Investment veterans take on new roles

ELIZABETH FRY  |  MONDAY, 8 JUL 2024
... liabilities. McKenna's appointment follows the departure of Julie O'Neil, who left last month to join the Victorian Funds Management Company as head of client portfolio design. Insurance Commission chief executive Rod Whithear said: "I am pleased ...

QIC invests in Australian biotech start-up

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... development and executing a well-strategised market penetration plan in the United States," he said. Business investment funds managed by QIC have invested $152 million into 78 businesses, creating more than 1200 jobs.

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... amended it for highly contentious sections 99FA(1)(a) and (b) of the Superannuation Industry Act, which relates to how super funds charge for financial product advice to members. "Division 1 of this Part repeals and replaces section 99FA of the SIS Act ...

Cbus MySuper investment option returns 8.35%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... of outperformance over the long-term, Cbus said. However, the strength of shares, particularly US shares, has meant that funds with a concentrated exposure to shares generally outperformed those with a more diversified exposure to assets. Meanwhile ...

IFS launches two courses with Kaplan

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... advice solutions Adrian Gervasoni said the organisations partnered to build a proposed education solution for superannuation funds that aims to define a clear career progression pathway from service staff providing general advice to practitioners providing ...