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| | | ... ERS have severely affected this liquidity planning process and caused many smaller funds to sell their most liquid asset class, which is equity, to raise cash levels quickly," Liu said. "Unfortunate timing of such liquidation in equities has exacerbated ... |
| | | | ... members," Kibble said. "We believe the proprietary next generation trustee infrastructure that Sargon has developed to be world-class technology," Wasserman said. "As the new owner, PIP brings funding capacity, leadership capability and strengthened ... |
| | | | JANA said it will be expanding its service offering to financial advice and private wealth firms in response to the needs of the "growing and evolving" sector. Speaking with Financial Standard JANA chief executive Jim Lamborn said the move is in response ... |
| | | | ... the underlying securities," it said. The wealth manager has also terminated the investment options in Wholesale Mezzanine (Class A) and FirstChoice Wholesale Investments, effective March 23. Options in its FirstChoice Wholesale Personal Super and FirstChoice ... |
| | | | Junk bonds, despite the unfortunate name, aren't the trash of the investment world, although in the current uncertain environment they sure could be. These credit products are issued by governments and companies, and offer higher rates of return ... |
| | | | ... officer Raphael Arndt said the fund doesn't have a material exposure to oil prices and no particular plans for the asset class. "We don't have any specific oil strategy and any exposure that we do have would have been not been material," Arndt said in ... |
| | | | ... long-term time horizon can have." Doyle said this also shows that Australians are used to investing in equities as an asset class and know about the high volatility that goes along with it. So, although Australians are concerned about a recession, the ... |
| | | | The fast-growing custodian is pitching a new ESG analytics tools to local superannuation funds and asset managers to track, compare and benchmark their ESG score. Northern Trust, which is best known in Australia as custodian to a number of public sector ... |
| | | | ... grandfathered remuneration. T. Rowe Price as slashed management fees on its Australian Unit Trust Global Equity Fund (I Class) from 1.18% to 0.94% per annum, effective from July 1 this year. Management fees for the firm's Global Equity Fund (Hedged) ... |
| | | | ... downgraded to bronze at Morningstar yesterday. The funds downgraded are the $8.5 billion Platinum International Fund and its P class, and the $39 million Platinum Global Fund. The biggest, the Platinum International Fund is still backed by an experienced ... |
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