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Showing 251 - 260 of 734 results for "Investment Fund"

NAB sells fund administration business

HARRISON WORLEY  |  MONDAY, 20 MAY 2019
A German group has picked up NAB's managed funds services business, Ausmaq. Deutsche Borse has acquired the specialist managed funds and term deposit administrator through its international central securities depository subsidiary, Clearstream. ...

Former AMP adviser pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAY 2019
A former AMP adviser has pleaded guilty to stealing more than $200,000 in client funds. Trevor William Martin of Kiama, New South Wales has pleaded guilty to three counts of dishonestly obtaining client funds in the District Court of NSW. An investigation ...

ASIC bans AFSL chief executives

ELIZABETH MCARTHUR  |  MONDAY, 29 APR 2019
... entity operating a number of managed investment schemes, including previously managing the Courtenay House Capital Investment Fund. An ASIC investigation revealed that when establishing Courtenay House Capital Investment Fund, Worboys and Barnett failed ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... returned 2.3% over the 12 months, the same as its benchmark target. The Building Australia Fund and Education Investment Fund each stood at $3.9 billion. Both generate benchmark return of 2.3% over the last 12 months. On February 1, the Future Fund also ...

Boutique fund manager launches LIT

KARREN VERGARA  |  MONDAY, 29 APR 2019
... manager is launching a listed investment trust in a bid to raise $500 million. Regal Funds Management's Regal Investment Fund (RF1) provides exposure to a selection of alternative investment strategies and risk-adjusted absolute returns over five ...

Aussie instos among most responsible investors

HARRISON WORLEY  |  WEDNESDAY, 24 APR 2019
... two managed to improve, breaking into the top 25 alongside the likes of CalSTERS, and Japan's Government Pension Investment Fund. However, New America said the funds could not rest on their laurels, pointing out significant areas of improvement remain ...

Superannuation, insurance expert joins EY

KARREN VERGARA  |  FRIDAY, 29 MAR 2019
A superannuation and insurance specialist has joined Ernst & Young as a partner. Lisa-Marie McKechnie was appointed partner of the financial services law division after spending nine years at law firm Mills Oakley, where some of clients included Hostplus ...

Australian Ethical mulls Facebook divestment

ELIZABETH MCARTHUR  |  THURSDAY, 21 MAR 2019
Australian Ethical is assessing its investments in Facebook after the social media giant allowed the recent mass shootings in Christchurch to be live streamed. Australian Ethical told Financial Standard it currently holds about $8 million in Facebook ...

Super fund investment chief departs

KARREN VERGARA  |  WEDNESDAY, 6 MAR 2019
The chief investment officer of a $9 billion superannuation fund has resigned. Ian Lundy leaves Tasplan after more than two years in the role. Lundy started at the Retirement Benefits Fund (RBF) as chief investment officer in March 2011 and was instrumental ...

Aussie fund manager opens New York office

KARREN VERGARA  |  MONDAY, 4 MAR 2019
A $10 billion Aussie fund manager is ramping up its US expansion with the hire of a local expert and flagging further executive appointments. Bennelong Funds Management's new subsidiary BennBridge US will distribute a number of its existing investment ...