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Showing 2421 - 2430 of 11511 results for "DIV"

JPMAM bolsters APAC alternatives distribution

CHLOE WALKER  |  TUESDAY, 26 JUL 2022
Gary Leung will join J.P. Morgan Asset Management as its new head of retail alternatives, APAC. In his new role, Hong Kong-based Leung will lead the firm's efforts to distribute alternatives solutions to APAC clients, with a focus on high-net-worth ...

Capital Group trims management fees

ANDREW MCKEAN  |  MONDAY, 25 JUL 2022
Capital Group is reducing management fees on its Australian funds. As the Australian business has achieved steady growth over the past decade, the fund manager has decided to introduce a new fee regime to reflect its enlarged scale. "A new fee regime ...

SCA Property Group names operations, funds management lead

CHLOE WALKER  |  FRIDAY, 22 JUL 2022
SCA Property Group chief financial officer and executive director Mark Fleming is shifting into the position of chief operating officer and head of funds management and strategy. Fleming, who has been with the company since 2015, will remain an executive ...

Australia's size problem: VanEck

ANDREW MCKEAN  |  FRIDAY, 22 JUL 2022
Australian equities concentration on financial and resources heavyweights make factor investing in domestic markets an ineffectual strategy, according to VanEck research. While historically factor investing has achieved excess market returns over the ...

Octopus launches renewable energy platform

CASSANDRA BALDINI  |  WEDNESDAY, 20 JUL 2022
Octopus Australia has launched a renewable energy platform for institutional and wholesale investors, with backing from partners including Hostplus. The wealth manager simultaneously closed two funds that are co-investing into a multi-billion-dollar ...

Franklin Templeton names new head of Australia

CHLOE WALKER  |  WEDNESDAY, 20 JUL 2022
Felicity Walsh will step into her new role as Franklin Templeton's managing director and head of Australia and New Zealand on August 1. Walsh, currently head of sales, will now be part of the APAC leadership team, supporting co-heads Tariq Ahmad ...

ANZ, Suncorp deal cops industry backlash

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
ANZ's proposed takeover of Suncorp's banking division has generated varying industry speculation. The Australian Competition and Consumer Commission (ACCC) has raised concerns around the deal and announced plans to commence a review of the acquisition ...

Warakirri welcomes non-executive director

CASSANDRA BALDINI  |  TUESDAY, 19 JUL 2022
Warakirri Asset Management has appointed former VFMC chief executive Warren Lee as a non-executive director. Lee has over 30 years of experience in the financial services sector both domestically and internationally. He previously held chief executive ...

ANZ to purchase Suncorp Bank for $4.9bn

CASSANDRA BALDINI  |  MONDAY, 18 JUL 2022
ANZ has agreed to acquire Suncorp's banking arm for $4.9 billion, calling it a vote of confidence in Queensland's future. To help fund the acquisition, ANZ it is raising $3.5 billion via a fully underwritten pro rata accelerated renounceable entitlement ...

Praemium reports 92% flow increase

CHLOE WALKER  |  MONDAY, 18 JUL 2022
The investment platform now has $40.5 billion in funds under administration, up 10% on the same time last year. Additionally, Praemium's financial year net inflows were $2.9 billion, up 92% from its prior corresponding period. Unfortunately, gross inflows ...