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Showing 241 - 250 of 3479 results for "MAS"

Insignia Financial trims $5bn off FUM

JAMIE WILLIAMSON  |  WEDNESDAY, 23 APR 2025
Market volatility and institutional outflows shaved $5 billion off Insignia Financial's funds under management (FUM) last quarter. In the March quarter, Insignia Financial said about $1.8 billion of the $3 billion an institutional client poured into ...

Shield Master Fund terminated, new receivers for Keystone Asset Management

KARREN VERGARA  |  WEDNESDAY, 16 APR 2025
The Shield Master Fund (SMF) has been terminated while its responsible entity Keystone Asset Management (KAM) has been appointed a new receiver and administrator. The troubled SMF was terminated on April 10 after the new receiver, Alvarez & Marsal ...

IAM to bring managed account with syndicated loan access to market

MATTHEW WAI  |  WEDNESDAY, 16 APR 2025
... Street Global Advisors and Investment Trends' recent report, revealing that close to 60% of Australian advisers are using MAs. The sector has also seen record-breaking growth, according to data from the Institute of Managed Account Professionals, with ...

Apex awarded $2.3bn fund admin mandate

MATTHEW WAI  |  MONDAY, 14 APR 2025
Apex Group has been appointed to provide fund administration and transfer agency services for four retail products of an Australian credit manager, effective today. Mutual Limited will transition administration of the Mutual Cash Fund, Mutual Income ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
Following the order to freeze the assets of the First Guardian Master Fund and its responsible entity Falcon Capital last month, the Federal Court has ordered both the fund and the entity to be wound up. In response to a petition by ASIC, the court ...

Aware Super spends $1.6bn on Australia's 'largest' intermodal terminal

MATTHEW WAI  |  THURSDAY, 10 APR 2025
Aware Super has committed $1.6 billion to the Melbourne Intermodal and Industrial Exchange (MIIX) precinct to support expanded capacity and the creation of 3000 jobs. MIIX, which includes the nation's first privately funded open-access intermodal freight ...

Regal writes off Opthea, FUM takes 8% hit

KARREN VERGARA  |  THURSDAY, 10 APR 2025
Regal Partners has written off its entire investment in Opthea, which contributed to funds under management (FUM) taking an 8.3% hit in the March 2025 quarter. Regal ended up with $16.5 billion as total FUM suffered a $540 million loss stemming from ...

TAL takes 15% stake in Challenger

KARREN VERGARA  |  MONDAY, 7 APR 2025
MS&AD Insurance Group Holdings has sold its entire 15.1% stake in Challenger to TAL. TAL, together with its parent company Dai-ichi Life Holdings, acquired the minority interest at $8.46 per share - marking a 53% premium to Challenger's closing ...

Members press super funds for sustainable investments

MATTHEW WAI  |  FRIDAY, 4 APR 2025
Members increasingly demand superannuation funds to provide ethical investment options, particularly retirees who want to leave a more sustainable world for the next generation, top super fund leaders say. Attending the Australian Council of Superannuation ...

Super fund growth: The winners and losers

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
AustralianSuper has kept its position as the fastest growing super fund by net asset growth, adding $43 billion into its coffers in FY2024. Australian Retirement Trust (ART) followed closely, according to the Conexus Institute's State of Super 2025 ...