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Showing 2201 - 2210 of 22782 results for "Funds"

Retail funds drive down admin fees: KPMG

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
Expensive retail superannuation funds have finally become competitive with industry funds after bringing down their administration fees, a new analysis by KPMG shows. KPMG found that admin fees for MySuper products have come down from 0.33% to 0.26% ...

Stockland, Invesco Real Estate forge land lease deal

KARREN VERGARA  |  TUESDAY, 28 MAY 2024
... sustainable business growth." US-based IRE has US$90.1 billion real estate assets managed globally. IRE head of Asia Pacific core funds Ian Schilling said: "Land Lease Communities are a high-conviction investment theme for us given the housing shortage ...

Former director sentenced to seven years in prison

ELIZA BAVIN  |  TUESDAY, 28 MAY 2024
... Investments Commission (ASIC). Ali pleaded guilty to five counts of fraud totalling $771,303 relating to his misappropriation of funds invested for trading and investment purposes. The court determined that between May 2016 and November 2017, Ali dishonestly ...

Lendlease ditches overseas construction

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... and have conviction in how we will execute," Lombardo said. Lendlease's global operations comprise about 35% of its funds under management (FUM), which stood at $32 billion at the end of financial year 2023. Separately, on May 10 Lendlease announced ...

abrdn global chief executive steps down

KARREN VERGARA  |  MONDAY, 27 MAY 2024
... workforce to save $290 million (£150m) by the end of 2025. Last year, abrdn overhauled its local business, terminating five funds in a bid to consolidate its operations followed by key senior staff such as chief executive and managing director of Australia ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... alternatives products. He also said Alantra connected GSFM with Access Capital Partners (ACP), a Paris-based private equity fund-of-funds business in which it holds a significant minority interest. GSFM announced a partnership with ACP in December last ...

How super funds could better support members: Research

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
... titled What I Wish I Knew About Retirement, surveyed 1000 Australians 55 and older and highlighted the important role super funds play in providing retirement education and tools to members. It found 51% of pre-retirees and 39% of retirees look to their ...

Clime to offload Madison Financial Group

JAMIE WILLIAMSON  |  MONDAY, 27 MAY 2024
... accounts platform WealthPortal to Infocus for $2 million. The sale is part of Clime's strategic decision to focus on its funds management and private wealth businesses and is due to complete by June end. Infocus will pay $2 million for the licensee ...

Insignia research, retirement income head to depart

JAMIE WILLIAMSON  |  FRIDAY, 24 MAY 2024
... has been in the role since April 2018, overseeing Insignia's investment philosophy and the teams conducting managed funds research, portfolio construction, direct equities research, and macroeconomic research. He was also responsible for developing ...

Geopolitical risks push APAC family office allocations locally

KARREN VERGARA  |  FRIDAY, 24 MAY 2024
... alternatives, as APAC family offices plan to increase their allocation in private equity (24% direct investments and 32% funds/funds of funds), private debt (28%) and hedge funds (31%) in the next five years, indicating their need for greater diversification," ...