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Showing 231 - 240 of 1399 results for "Alternatives"

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... cases, clients were not told their investment options were consistently underperforming and that there were better alternatives available. "To be really clear, it is not our view that underperformance over a period should automatically result in a recommendation ...

Morningstar hires fixed income lead from PATRIZIA

ELIZABETH FRY  |  FRIDAY, 14 JUN 2024
... Dutka joined this week as director of manager research and asset class leader for fixed income, multi-assets, and alternatives. The recruit was most recently the director of investment solutions at PATRIZIA, the global real assets fund. There, he advised ...

SSGA loses $2.4bn in two months

KARREN VERGARA  |  FRIDAY, 14 JUN 2024
... SSGA won two mandates with Australian Retirement Trust (ART) during 2023. ART invested in SSGA's global equities and alternatives strategies worth $41.6 billion and $40 billion respectively.

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... opportunities across our combined client base," PFG managing director and chair Simon Madder said. In February, PFG acquired alternatives asset manager Altor Capital for $4.5 million. Madder said Altor supports PFG's aim of doubling group revenue ...

CSLR makes inaugural payments

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
... tailored to reflect the couple's circumstances or goals. The adviser also poorly explained the risks failed to consider alternatives. A man from the Northern Beaches received about $17,000 in compensation after taking out a large loan on the advice of ...

IFM makes North American appointment

ELIZA BAVIN  |  TUESDAY, 11 JUN 2024
... solutions at Macquarie Asset Management (MAM). Mody served as head of US wealth, private markets and was the head of alternatives for MAM's client solutions group for the Americas region as well. Prior to MAM, Mody served as an executive director at ...

Ironbark partners with HarbourVest to launch fund

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
... capability. In a rapidly changing private markets landscape, Donald said, an increasing number of investors are considering alternatives to traditional closed-end funds. The fund is expected to deliver attractive benefits to investors and addresses some ...

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
... winner in the leagues tables with two major mandates with Australian Retirement Trust (ART) - global equities and alternatives - worth $41.6 billion and $40 billion respectively. Aware Super self-manages its cash pool of $16.1 billion, while SSGA manages ...

Brookfield Oaktree to further democratise alternatives in Australia

ANDREW MCKEAN  |  TUESDAY, 28 MAY 2024
... offices, or wholesale investors needing more liquidity. "We saw institutions rapidly ramp up their allocations into alternatives from zero to 15-20-25%, and endowments up to 40%, and we're now seeing that play out within wealth," he said. "We've ...

GSFM to distribute new strategy in Australia

ANDREW MCKEAN  |  MONDAY, 27 MAY 2024
... McIntyre told Financial Standard that it chose to partner with Alantra because of its long history and wide variety of alternatives products. He also said Alantra connected GSFM with Access Capital Partners (ACP), a Paris-based private equity fund-of-funds ...