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Showing 2371 - 2380 of 22782 results for "Funds"

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... annualised fee revenue for the company of approximately $18 million p.a." Platinum ended February with $15.6 billion in funds under management (FUM), experiencing net outflows of about $285 million that month. This is slightly up from the $15.4 billion ...

Jo Townsend named chief executive of NZ Super

ELIZABETH FRY  |  WEDNESDAY, 27 MAR 2024
... Guardians of NZ Superannuation have appointed Jo Townsend as head of the NZ$70 billion NZ Super. Townsend - chief executive of Funds SA for eight years - left the $42 billion institutional investor of public sector funds in mid-2023. She replaces Whineray ...

QMV Legal folds, managing partner to launch new firm

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... business that remains focused on providing legal, risk, and compliance advice to trustees of APRA-regulated superannuation funds. Novigi chief executive Ash Priest said: "QMV Legal has made a significant impact, however a law offering is not quite a ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... found Australia's crypto adoption was widespread, with individuals, and increasingly, sole traders, self-managed super funds (SMSF) and companies investing. Caleb & Brown said 80% of its customers belong to Gen-X or Baby Boomers, while 70% of the ...

PE deals tumble again, down 63%: Bain & Company

KARREN VERGARA  |  TUESDAY, 26 MAR 2024
... mention in the report for the progress of its Secure Assets Fund launched in 2018. "Since global and local infrastructure funds were mostly competing for larger deals, PEP targeted an attractive niche - mid-market companies in the value-added segments ...

UniSuper appoints new head of fixed interest

ANDREW MCKEAN  |  TUESDAY, 26 MAR 2024
... of fixed interest at Vanguard Investments Australia, where he managed over $20 billion in assets and launched several new funds and strategies. Additionally, he served as acting chief investment officer and as an executive team member for three years. ...

Platypus AM appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 26 MAR 2024
... he said. "Over this time Platypus has grown from managing $40 million in assets in 2003 to some $5 billion in assets and funds under advice on behalf of some of Australia's largest institutions and super funds." Black also welcomed Stevanovic's appointment ...

Funds SA recruits from LGT

JAMIE WILLIAMSON  |  MONDAY, 25 MAR 2024
Funds SA recently welcomed a new head of technology, hiring from LGT Wealth Management. Simon Boyley has joined in the role, returning home from London where he spent seven years with LGT Wealth Management's IT team, most recently as head of technology. ...

Raiding super can worsen housing affordability: Research

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... housing crisis and would potentially lead to higher property prices, a new analysis from the Association of Superannuation Funds of Australia (ASFA) shows. The association said that "raiding" retirement savings to enter the property market would exacerbate ...

New SMSF solution for Islamic Australians launched

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... Islamic professionals and he expected strong interest from skilled migrants and Islamic family members who wanted to pool funds in an SMSF to buy property. Meezan also provides an Islamic superannuation fund which invests in a Sharia-compliant way. Islam ...