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Showing 2221 - 2230 of 22782 results for "Funds"

Fidelity confirms active ETFs to launch in coming weeks

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAY 2024
After receiving approval from unitholders to create a new class of units for several of its funds, Fidelity International will launch four active ETFs by June 3. Earlier this month, Financial Standard reported Fidelity's plans to expand its range of ...

ASIC cancels Everest Asset Management's AFSL

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... benefit from the proceeds of crime and tax evasion between 2020-23. The syndicate allegedly co-mingled legal and illicit funds which enabled the transfer up to $100 million a day for customers in Australia and throughout the world, with the volume of ...

Equip Super awards custody mandate

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2024
... Northern Trust underlines the latter's commitment to Australia and expertise in providing asset servicing to superannuation funds. "We understand the unique needs of this industry and look forward to building our relationship with Equip Super as ...

Centuria launches new wholesale fund

ELIZA BAVIN  |  WEDNESDAY, 22 MAY 2024
... 13.5% IRR. The Fund has a targeted equity raise of $41 million with investments starting from $100,000. The real estate funds manager acquired Halls Head Central for $70 million earlier this month. The 19,373 sqm 2 sub-regional shopping centre is anchored ...

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
... Fidante further explained: "Following an extensive review, NovaPort Capital has made the difficult decision to close its funds management operations. The review determined that the growth potential of the business along with the personal ambitions of ...

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
Association of Superannuation Funds of Australia (ASFA) chief executive Mary Delahunty said at the Australian Shareholders' Association Conference yesterday that addressing the supply side of the housing crisis requires an infusion of private capital. ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... have reported "significant progress" towards their merger, but it has been pushed back. In a joint statement, the super funds announced that their merger to form TEAM Super has been rescheduled from early 2024 to early 2025. They did not offer an explanation ...

ISPT to divest $250m in super prime assets

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
... recycling of capital into further develop-to-core projects within our extensive logistics development pipeline," ISPT head of funds management Matthew Brown said. "With the focus on industrial and logistics assets from an unprecedented number of global ...

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... the listed channel." At the end of March, the active ETF units represented about $8.12 million or 7.3% of the fund's total funds under management. Separately, the fund manager renamed the Fidelity Australian Opportunities Fund to the Fidelity Australian ...

Another corporate fund bites the dust

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... "Further regulatory changes are scheduled for the future, and it has become clear that greater scale is needed for such funds to serve the needs of their members." At the time of its 2023 annual report, the Nissan plan had just shy of $27 million in ...