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Showing 2731 - 2740 of 22782 results for "Funds"

AMP names super, investments lead

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... leading the Actuaries Institute as chief executive and holding directorship positions at the Association of Superannuation Funds of Australia and Hollard Insurance. AMP chief executive Alexis George said: "Melinda is a highly respected leader in the ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... a drop in AUM among Australian managers is the ongoing consolidation and internalisation happening within superannuation funds. Some managers, regardless of how they performed, lost assets during this period." BlackRock has been in the top spot as the ...

HUB24 farewells longstanding chair

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
... has been a great pleasure to work with the talented team at HUB24 during this period of strong growth in the business as funds under administration (FUA) increased from $150 million to now over $80 billion, and revenue has grown at a compound annual ...

Insignia's managed account FUM swells

STAFF WRITER  |  MONDAY, 23 OCT 2023
... managed accounts solutions have grown by about 42% in the past 12 months. The group said there's now more than $6 billion in funds under management across its range of managed account solutions. About 55% of this is held in managed discretionary accounts ...

abrdn's Brett Jollie lands new gig

ELIZABETH FRY  |  MONDAY, 23 OCT 2023
... consolidation. Jollie spent 23 years at abrdn - formerly known as Aberdeen Standard Investments - mostly in senior wealth, funds and business management roles. He also sat on the board of the Financial Services Council for six years. On departing abrdn ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
Life insurers and superannuation funds continue to pin systemic issues on administrative and legacy systems that have drawn customer complaints and, in some cases, led to large compensation payouts, according to the Australian Financial Complaints Authority ...

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... divergence between managers' and Frontier's perceptions of influence is likely a result of the rapid growth of large super funds' internal asset class teams, with responsibilities delegated to those teams and leading to more direct engagement with managers ...

Pepper Money launches SMSF loan offering

CASSANDRA BALDINI  |  MONDAY, 23 OCT 2023
Pepper Money has introduced a new offering, providing loans to self-managed superannuation funds (SMSFs) to purchase or refinance residential and commercial properties. With lending options up to $3 million, the 'super smart' loans are designed for ...

Blackwattle to take over Watermark fund

CHLOE WALKER  |  MONDAY, 23 OCT 2023
... responsibilities, Watermark staff will move across to Blackwattle and continue working on the fund, which boasts $90 million in funds under management (FUM). WARF's name will also be changed to the Blackwattle Small Cap Long-Short Quality Fund. While ...

Three actively managed funds shutter

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
Three actively managed Australian share funds from BlackRock, Yarra Capital Management, and Platypus Asset Management have shuttered in recent weeks. The Platypus Systematic Growth Fund, which invests in up to 110 local equities, is shuttering after ...