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Showing 2191 - 2200 of 22782 results for "Funds"

BT Panorama launches first-of-its-kind private market managed account

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... high-net-worth segment - and the BT team's managed account capabilities." Drummond manages a portfolio of private markets funds with a focus on liquidity, offering access to funds with monthly, daily, or quarterly redemptions, unlike typical private ...

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
An Investment Trends report has identified a clear inflection point for member engagement with superannuation funds. The 2024 Super Member Engagement report, based on a survey of 10,886 respondents, provided an analysis of member attitudes, satisfaction ...

ASIC suspends AFSL for six managed investment schemes

ELIZA BAVIN  |  THURSDAY, 30 MAY 2024
... Australian Securities and Investments Commission (ASIC) has suspended the Australian financial services licence (AFSL) of Aurora Funds Management until 20 September 2024. Aurora is the responsible entity of six registered managed investment schemes ...

VFMC hires client portfolio design head

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Victoria Funds Management Corporation (VFMC) named a new head of client portfolio design who joined this week. Julie O'Neill joined VFMC on May 27, hailing from the Insurance Commission of Western Australia, a government agency that provides injury ...

Super pool jumps to $3.9tn

KARREN VERGARA  |  WEDNESDAY, 29 MAY 2024
Superannuation assets soared to $3.9 trillion, jumping 11.3% at the end of March despite the number of APRA-regulated funds shrinking. The latest APRA statistics show that a wave of contributions drove the momentum as well as investments returning 10.9% ...

Market pessimism over Insignia 'overblown'

ELIZA BAVIN  |  WEDNESDAY, 29 MAY 2024
... said there was ample room for Insignia to remove duplicate or non-essential costs to build efficiencies. "As administered funds grow, cost synergies are extracted, and operating margins stabilise, debt serviceability should improve," the analysis found. ...

Former Queensland adviser struck off permanently

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
... Gordon, who was an adviser and director of Refocus Financial Group between 2015 and 2018, was found to have misappropriated funds deposited by clients for property development purposes. He diverted these funds without authorisation from his clients' ...

How much do you need to retire in Australia?

ANDREW MCKEAN  |  WEDNESDAY, 29 MAY 2024
The Association of Superannuation Funds Australia (ASFA) has revealed that the cost of funding a "comfortable retirement" has risen to a record high. ASFA said couples need $72,663 per year, while singles require $51,630 annually to experience a comfortable ...

EQT Mid-Market Growth Fund exceeds target

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
... expected to contribute 60% of global GDP by the end of 2024. Despite this, only 9% of global capital went to Asia-focused funds in 2023. The MMG strategy aims to bridge this funding gap. MMG extends EQT Private Capital Asia's large-cap buyout strategy ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
... Wealth Solutions managing director Jeremy Hall told Financial Standard that its flagship private credit and infrastructure funds have produced positive returns and that's started to resonate across the wealth continuum. Consequently, the business ...