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Showing 201 - 210 of 2407 results for "Citi"

Nikko Asset Management to become Amova

JAMIE WILLIAMSON  |  MONDAY, 9 SEP 2024
The $359 billion fund manager is changing its name to Amova Asset Management from next September. Nikko Asset Management said the name change reflects the progress the firm has made since its launch in Tokyo in 1959, describing itself as "a global citizen ...

Court appoints receivers to Keystone, Master Shield Fund

MATTHEW WAI  |  MONDAY, 9 SEP 2024
The Federal Court has appointed new receivers and administrators to Keystone Asset Management, as ASIC attempts to identify where more than $100 million of investors' money has gone. The Federal Court appointed Jason Tracy and Lucica Palaghia of ...

Challenger goes for growth with State Street

JAMIE WILLIAMSON  |  THURSDAY, 5 SEP 2024
... Investment Administration staff transition to the custody giant. Challenger's custody needs have been taken care of by Citi since 2012 but will now transition to State Street, occurring in three phases and with a view to completion in early 2027. ...

Aware Super completes first UK deal

MATTHEW WAI  |  THURSDAY, 29 AUG 2024
Aware Super has completed its first infrastructure engagement in the UK, investing in London-based euNetworks. euNetworks builds and invests in city and long-haul fibre networks to connect European data hubs and centres. It operates across 18 cities ...

Longreach hires Channel Capital sales lead, launches advisory firm

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... sales at J.P. Morgan. King also spent time at Southern Cross Equities, which was taken over by Bell Financial Group, and Citi. King said: "There is increasing demand for high-quality alternative investment solutions across the region, with particular ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
The monthly Consumer Price Index (CPI) indicator rose 3.5% in the 12 months to July, down from 3.8% in June, according to the latest data from the Australian Bureau of Statistics (ABS). The most significant contributors to the annual rise were housing ...

Heightened costs push young Aussies to plan ahead: HESTA

MATTHEW WAI  |  TUESDAY, 27 AUG 2024
Close to half of those aged 18 to 39 are taking more action for their retirement in light of heightened cost-of-living pressures, a HESTA study reveals. These actions include salary sacrificing and using online calculators to keep track of their superannuation. ...

Magellan inks strategic partnership as results hint at turnaround

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
Magellan Financial Group will take a stake in Vinva Investment Management, as it reports an increase in profits and stabilised outflows - but it says there's still work to be done. Magellan has announced it is acquiring 29.5% of Vinva Investment ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
While assets under custody have climbed in Australia, surpassing $5 trillion for the first time, some key players have seen theirs take a dive. Tallying up the assets under custody in Australia to June 30, the Australian Custodial Services Association ...

Dimensional to launch three more ETFs

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... Singh said. The first three dual-access funds now have $250 million from investors made via the ETF access point, he said. Citi facilitated DFA's ASX listing of the first three ETFs. Citi has been the custodian and fund administrator for DFA since ...