Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2211 - 2220 of 22782 results for "Funds"

TCorp reorganises investment team

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... organisation moves to a more client aligned operating structure and simpler portfolio environment," and aligns with TCorp's broader funds management strategy that sees six separate state government funds consolidated. Under the changes, current head ...

Family offices up active management, eye generative AI: UBS

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... is the second most popular strategy, with 35% of family offices diversifying in this way, while 33% are turning to hedge funds for diversification. Meanwhile, generative AI is the top investment theme with 78% of family offices planning to invest in ...

Australian Ethical snaps up asset manager

ANDREW MCKEAN  |  THURSDAY, 23 MAY 2024
... to acquire Altius Asset Management, the sustainable fixed income business of Australian Unity, a move that will see its funds under management (FUM) swell by $2 billion. The acquisition will see both firms merge their fixed income capabilities, expanding ...

Major themes to watch in the ETF space

ELIZA BAVIN  |  THURSDAY, 23 MAY 2024
... Management head of wholesale in Australia and New Zealand Mark Carlile said he has seen investors moving away from mutual funds and into ETFs. "That is happening in the US especially. We think that will continue and we haven't even scratched the surface," ...

UK forewarns Australia on wholesale test changes

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... submission to the inquiry that depending on the extent of the increases, the impact on venture capital (VC) and private equity funds' ability "to raise capital and invest would be profound". In analysing the potential impact of an indexed change to the ...

Financial services workers eye earlier retirement

KARREN VERGARA  |  THURSDAY, 23 MAY 2024
... personal income dropped down from 37% to 18%. "The number of women who relied on their partner's income as their main source of funds for meeting living costs at retirement has fallen by more than 10 percentage points over the decade, dropping from 44% ...

Cromwell gets $457m for European funds platform

JAMIE WILLIAMSON  |  THURSDAY, 23 MAY 2024
... point for Cromwell to focus on leveraging the exceptional team we have in Australia, to drive value from our local asset and funds management business," Cromwell chair Gary Weiss said. "In the current operating environment, numerous options were considered ...

Funds SA chief investment officer exits

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2024
Funds SA is on the hunt for a new chief investment officer. The $43 billion asset manager confirmed Richard Friend is departing after almost eight years in the role. Friend joined Funds SA in December 2016 to lead the investment team, coming across ...

SMSFs' use of advisers plummets: Research

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
The number of self-managed super funds (SMSFs) using advisers has reached a new low, with the proportion of SMSFs using advisers falling to 23% from 27% in the past 12 months, according to a Vanguard/Investment Trends report. The number of SMSFs without ...

PrimaryMarkets launches new financial adviser channel

ANDREW MCKEAN  |  WEDNESDAY, 22 MAY 2024
... of investment opportunities, including unlisted companies, many of which are pre-IPO, as well as open and closed managed funds. It also allows users to sell shares in unlisted companies or units in managed funds, providing liquidity where it would otherwise ...