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Showing 2691 - 2700 of 22782 results for "Funds"

Wealth firm awards CFS Edge mandate

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... wealth platform and managed accounts mandate with a large financial advice firm. Viridian Advisory, which has $7 billion in funds under administration, will use CFS Edge. Having officially launched in August, Edge is the third platform CFS has on offer ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... May 2020, the division divested 10 business units. This year, it divested BT's personal and corporate superannuation funds and Advance Asset Management to Mercer Australia. Assets for "packaged funds" decreased by $38.9 billion compared to 2022 ...

Regal Partners acquires PM Capital

ANDREW MCKEAN  |  FRIDAY, 3 NOV 2023
... officer Paul Moore; it serves Australian retail investors and financial advisory groups. It has more than $2.7 billion in funds under management (FUM) as at September 30. Regal Partners will pay an initial $20 million in cash for the acquisition, with ...

Macquarie appoints Byres, half-year results decline

KARREN VERGARA  |  FRIDAY, 3 NOV 2023
... International Monetary Fund. Byres is one of three bank-only non-executive directors at Macquarie, together with former Challenger funds management chief executive Ian Saines and former Commonwealth Bank group executive David Whiteing. The appointment ...

Regal Partners nabs Charlie Aitken

ELIZABETH FRY  |  FRIDAY, 3 NOV 2023
... former fund management business - Aitken Investment Management - was sold in a management buyout. He ran investments at AIM Funds for seven years. The firm is now called Constantia Investment Partners. Previous roles include head of sales for Citigroup ...

RW Capital launches Pets Fund

CHLOE WALKER  |  FRIDAY, 3 NOV 2023
... facilities are typically owned by mum and dad operators who are passionate about what they do, but a lot of the time lack the funds to market these things or to renovate them to the standard that they'd like to," he said. "Hence, we'd like to ...

GQG makes official bid for PAC

CHLOE WALKER  |  THURSDAY, 2 NOV 2023
... (GQG), valuing the firm at $567.3 million. PAC had been the subject of an initial buyout offer of $388 million by Regal Funds Management (Regal) and major shareholder River Capital in July. This offer was swiftly followed by GQG, which said it would ...

NGS Super launches retirement savings strategy

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
... Account or the Transition to Retirement Account. When the strategy is selected on the NGS Income Account, 12% of the member funds are invested in the cash and term deposits option, also known as the cash bucket. Meanwhile, the remaining 88% is invested ...

SPDR slashes fees on six ETFs

CHLOE WALKER  |  WEDNESDAY, 1 NOV 2023
State Street is reducing management fees on six of its SPDR exchange-traded funds (ETFs) following a pricing review, impacting almost 70% of the SPDR business' total local assets under management (AUM). The fee cuts, relating to four domestic sector ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
Regal Partners will acquire 50% of Taurus Funds Management for an upfront consideration of approximately $28 million cash. The transaction will increase Regal's funds under management to $8 billion and is expected to complete in early November. Established ...