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Showing 2711 - 2720 of 22782 results for "Funds"

Campbell Lutyens opens local office

ELIZABETH FRY  |  MONDAY, 30 OCT 2023
... from fund managers and investors. The new head of Australasia has a long career in real assets investing on behalf of super funds, global fund managers and asset consultants. He most recently managed QIC's $2 billion unlisted infrastructure portfolio ...

Regal Partners, PM Capital confirm acquisition talks

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
... that no agreement has been reached, so they remain unfinished. According to Rainmaker Information, PM Capital's total funds under management sat at $2.6 billion in June. In the same month, PM Capital reported its Australian Companies Fund had $98.7 ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
A new class action led by victims of Melissa Caddick alleges that auditors of their self-managed superannuation funds failed their jobs to detect fraudulent activities. Twenty-four victims, together with the help of Melbourne-based law firm Mackay Chapman ...

Frontier calls out structural super fund flaws

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... retirees only draw the government-mandated minimum income, leaving an average of 30% of their accumulated superannuation funds untouched. Further, the asset consultant's research, which surveyed 3500 members from various super funds, revealed that ...

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... become a full-service private wealth business, anticipating a rise in advisory fee revenues as it contends with a decline in funds under management (FUM). Last week, the ASX-listed wealth company reported a decline in its FUM to $1.25 billion for the ...

Federal Court freezes assets of pension platform

CASSANDRA BALDINI  |  MONDAY, 30 OCT 2023
ASIC has obtained interim orders from the Federal Court to freeze the funds and assets of Brite Advisors (Brite), a specialist in moving private UK pension savings offshore. The global advisory, pension administration and asset management provider came ...

Insignia appoints to board

CHLOE WALKER  |  MONDAY, 30 OCT 2023
... currently sits on several boards in both the listed and non-listed spaces. Previously, McGrath held several roles at BT Funds Management, including general manager risk solutions, head of customer service delivery, general manager customer service and ...

Rival bidder seeks to acquire Diverger

KARREN VERGARA  |  MONDAY, 30 OCT 2023
... $27 million as a cash component, 83% more than Count's offer. COG, which runs asset-finance broking, novated leasing, and funds management services, believes that there are "many revenue and expense synergies and growth opportunities" between the two ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

Government to amend transfer balance cap laws

ANDREW MCKEAN  |  FRIDAY, 27 OCT 2023
... government's announcement was "very welcome news," adding that several of her clients with defined benefit pensions in other funds have been impacted by mergers outside their control. She said this is "very sensible" - any fund merger should undergo ...