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Showing 2431 - 2440 of 22782 results for "Funds"

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... offering from a local boutique will both be terminated. Both T. Rowe Price and Paradice Investment Management are shuttering funds, citing investors' best interests. Following a review, T. Rowe Price is terminating its Australian Equity Fund. The manager ...

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Superannuation research shows that retail funds dominated in the 12 months to January end. League tables show Vanguard Super's default lifecycle investment option bested competitors for the year ending 31 January 2024. According to Rainmaker Information ...

Count completes Diverger acquisition

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... acquisition of Diverger as the latter officially delists from the ASX today. The group now has 590 financial advisers and funds under advice (FUA) of $29.9 billion. Count chief executive Hugh Humphrey said: "An important strategic driver for this acquisition ...

ASIC takes further action on Prospero

KARREN VERGARA  |  MONDAY, 4 MAR 2024
... Changjiang Currency Exchange has transferred in excess of $10 billion in the past three financial years. While most of these funds were from customers engaged in lawful actions, the AFP will allege the company facilitated a system for organised criminals ...

Blackwattle Partners launches global fund

CHLOE WALKER  |  MONDAY, 4 MAR 2024
... high-conviction equity opportunities globally. It will target returns of 8-12% over the long term. "Unlike many traditional funds, which often spread their investments thinly across a wide range of opportunities, our fund only focuses on the very best ...

Iress loses key wealth executive

ELIZABETH FRY  |  FRIDAY, 1 MAR 2024
... she returned to her earlier role of operating chief but picked up the head of products job. Haqqani arrived from Bennelong Funds Management, where, as chief client strategy officer, she oversaw product development and management, regulatory affairs ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
Platinum Investment Management unveiled its turnaround strategy as funds under management (FUM) continue to suffer institutional investor outflows and negative returns. The fund manager said its immediate priorities in the next few months is to cut ...

Large-cap equity funds continue underperformance: SPIVA

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... the average of 22% for the long-term period between 2007 and 2023. In the mid-to-small-cap space, 64% of actively managed funds beat the index which gained 7.8% in 2023. Meanwhile, active bond managers had an exceptional year as almost three-quarters ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... higher taxes to pick up the bill for higher pension costs." According to Roy Morgan, member satisfaction with superannuation funds has continued to increase, surpassing pre-pandemic levels. This followed record-high satisfaction rates during the Early ...

Former Blockchain Global director confined to Australia

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
... for cryptocurrency trading and storage, but by December 2019, it collapsed, rendering customers unable to withdraw their funds. Following the collapse other Blockchain Global directors left Australia, leaving Guo as the only key figure remaining. ASIC ...