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| | | ... create immediate liquidity within the fund," he said. The warehouse facility is particularly comforting in the event of a run on money due to a increase demand of liquidity, he added, as it allows the warehouse to novate a loan directly from the pool ... |
| | | | Australian Retirement Trust's efforts to streamline its operations and restructure its leadership have led to the departure of two more senior executives. Julie Bingham, the chief enterprise services officer, is leaving the $310 billion superannuation ... |
| | | | ... interest rates lifted out of negative territory and ratcheted up, investors became fearful. "When people get fearful, they run away from anything that's got to do risk. Investors also believe that, operationally, small caps are more volatile than ... |
| | | | AMP has launched AMP Super Lifetime; a superannuation feature it claims could lift members' retirement incomes by over $100,000 in the first decade post-work. AMP Super Lifetime runs automatically in the background of a member's super account, creating ... |
| | | | Swiss fund manager GAM Investments has brought in a new team to run its flagship European funds in a move that signals renewed institutional interest in European markets. GAM has appointed a European equities team from Janus Henderson to manage its ... |
| | | | Colonial First State (CFS) has awarded a global equities mandate to a US$160 billion fund manager. US fund manager Brown Advisory has won the mandate to oversee the global equities strategy available on FirstChoice, debuting on May 24. The option - ... |
| | | | A class action that was filed against AMP for charging excessive superannuation fees is finally being heard in court, with the trial kicking off today. In 2019, following the Royal Commission, several law firms sought to commence class actions against ... |
| | | | Franklin Templeton has shuttered two of its funds this month, while Pendal will terminate one of its funds in August. Responsible entity Franklin Templeton Australia Limited (FTAL) has closed both the ClearBridge RARE Emerging Markets Fund and Martin ... |
| | | | Private wealth manager Escala Partners is poised for a management overhaul that could see the appointment of a new chief executive, according to people familiar with the matter. Two senior executives - co-chief executive Pep Perry and investment chief ... |
| | | | ... Melbourne-found global financial platform. The two super funds were some of the lead investors in a Series F funding round run by Airwallex. Airwallex, valued at US$6.2 billion ($9.6bn), is on track to hit US$1 billion ($1.6bn) in annualised revenue ... |
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