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Showing 2301 - 2310 of 22782 results for "Funds"

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... Partners, RQI Investors, and Stewart Investors. Last year, FSI lost $12 billion of client money invested across several managed funds. The First Sentier Wholesale Imputation Fund, which took the biggest hit, recorded a net return of -2.5% in the year ...

LIT delisting simplifies Forager: CIO

KARREN VERGARA  |  TUESDAY, 23 APR 2024
Forager Funds Management's chief investment officer is urging investors to vote in favour of delisting a troubled listed investment trust (LIT) in a bid to simplify the business. Chief investment officer Steve Johnson wrote to investors that if ...

JANA appoints new director of client development

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... solutions. Prior to this appointment, Chebli was a senior business development manager and relationships manager at APSEC Funds Management. "We are thrilled to announce the addition of Habib, who will further support JANA's growth across NFPs and wealth ...

OneSuper to take on more super products

JAMIE WILLIAMSON  |  MONDAY, 22 APR 2024
Following on from the news that it would now be home to Spaceship Super, OneSuper will further bolster its funds under management through the transfer of another sub-plan, home to several super products. Last week, Financial Standard reported on Diversa's ...

Fortnum, PFS launch parent company

KARREN VERGARA  |  MONDAY, 22 APR 2024
... services business, while Fortnum took on PFS and its 155 representatives. Australian Unity's advice unit had $11.2 billion in funds under advice (FUA) at the end of June 2023. Entireti's chief executive Neil Younger said Fortnum and PFS will "continue ...

Australians need $1.6m for comfortable retirement: Survey

KARREN VERGARA  |  MONDAY, 22 APR 2024
... (CFS) finds, but they cannot agree on what living comfortably looks like. This is well above Association of Superannuation Funds of Australia's (ASFA) calculation of $690,000 that it says is needed for retired couples to live in comfort and $595,000 ...

TCorp promotes three to lead roles

ELIZABETH FRY  |  FRIDAY, 19 APR 2024
... growing financial market business which oversees a balance sheet of around A$172 billion," he added. TCorp has $113 billion of funds under management.

Vanguard backs current performance test

ANDREW MCKEAN  |  FRIDAY, 19 APR 2024
... present, it is the only option presented that is objective, efficient, and timely to administer for both APRA and super funds and has clear consequences of failure. That's why we support maintaining the status quo - the current performance test methodology ...

Sequoia chair steps down

KARREN VERGARA  |  FRIDAY, 19 APR 2024
... will stay at Sequoia as a non-executive director and chair of the audit committee. Larsen is the former chair of Odyssey Funds Management, leading the board between 2002 and 2009. He was previously on the investment committee of Huntley Investment Company ...

Perennial launches new investment fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
... fund managed by Perennial. The Perennial Private Investments team currently manages a total of $700 million across these funds. Perennial head of private investments Brendan Lyons said the current investment backdrop is highly attractive for Perennial's ...