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Showing 2511 - 2520 of 22782 results for "Funds"

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
Actively managed funds and ESG strategies suffered the biggest outflows in 2023 at a combined $57.7 billion. According to Calastone's Global fund flows report, actively managed strategies lost $42 billion (US$27.2bn), eclipsed by passive equity ...

Super funds lack data for effective retirement assistance: Study

ANDREW MCKEAN  |  MONDAY, 5 FEB 2024
Super funds lack crucial data on members' retirement income certainty preferences, hindering effective retirement assistance and compliance with Retirement Income Covenant obligations, research by Capital Preferences and Challenger reveals. The ...

Oaktree's local head of distribution resigns

ELIZABETH FRY  |  MONDAY, 5 FEB 2024
... where he worked as a senior institutional business development manager. Penprase began his career in equities at Global Funds Management, which became part of Tyndall Investment Management in 1994. He then moved on to Zurich Investments, where he ran ...

ASIC to tighten grip on super fund misdemeanours

ANDREW MCKEAN  |  FRIDAY, 2 FEB 2024
... that are not founded on reasonable grounds; and the use of inaccurate labelling or vague terms in sustainability-related funds," she said. "We expect boards to engage directly on sustainability claims - whether they are aspirational statements, targets ...

US investor tips $200m into Wingate

CHLOE WALKER  |  FRIDAY, 2 FEB 2024
... alternative investment manager has secured $200 million from an undisclosed US investor, bringing its total facilities and funds under management (FUM) to $7.5 billion. According to Wingate, the commitment also contributes to a total FUM growth of 42% ...

Pinnacle affiliates push FUM to $100bn

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Pinnacle Investment Management's funds under management grew 9% to $100.1 billion, buoyed by a strong market rally and overseas investor inflows. The $8.2 billion FUM increase in the first half of financial year 2024 comprised net inflows of $4.5 ...

Super funds defend controversial weapons holdings

KARREN VERGARA  |  FRIDAY, 2 FEB 2024
Several major superannuation funds such as UniSuper, Aware Super, and Equip Super continue to invest in global weapons companies despite growing concerns among members, particularly as the Israel-Hamas war escalates. This includes France's Thales ...

Unlisted asset valuation practices under review

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
APRA has confirmed it will conduct a "deep dive review" of funds' exposures to unlisted assets later this year. Combining its policy and supervision priorities for the first time to give regulated entities a better idea of what to expect in the year ...

Treasury details winners from tax concessions on super contributions

ANDREW MCKEAN  |  THURSDAY, 1 FEB 2024
... expected to impact less than 0.5% of Australians. Under the current system, while employer and personal contributions to super funds are usually taxed at 15%, individuals earning over $250,000 face a 30% rate on contributions exceeding the threshold. ...

UniSuper appoints chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
... holding a range of risk management roles. Prior, he spent eight years at KPMG in its audit function, working with super funds as they prepared for the MySuper regime. UniSuper chief executive Peter Chun said he is delighted to have Martin on board. "Wade's ...