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Showing 2831 - 2840 of 22782 results for "Funds"

Family offices feeling optimistic about 2024

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... and management, family offices favour alternative asset classes, with private equity and credit, real estate, and hedge funds making up almost half (46%) of portfolios. Private equity allocations were identically sized as those to public equity at 22% ...

Australia sees modest uptick in HNWIs: Study

CHLOE WALKER  |  MONDAY, 18 SEP 2023
... businesses, and the family home, but including SMSF assets. According to the report, more HNWIs than ever have self-managed super funds (SMSFs), and the wealthier they are the greater that percentage. While 56% in the $1 million - $2.5 million bracket ...

CalPERS investment chief tenders resignation

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2023
... following an investigation into some of the investments made during his tenure. Meng was found to have invested CalPERS funds into several private equity vehicles which he also had personal holdings in.

BNP Paribas reappointed as custodian for wealth platform

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... move was part of its strategy to strengthen its leadership position in the wealth management platform market and expand its funds under administration, which is now around $47 billon. BNP Paribas Securities Services co-head of the financial intermediaries ...

First Australians Capital appoints managing partner, receives $9m backing

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
... grant to scale, grow, and get to the catalytic space at the big end of town.. "Thanks to the PRF's trust in FAC, these funds will empower FAC to decide how we approach our strategy to better support First Nations businesses and entrepreneurs and ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... 40% last financial year, Perpetual is terminating a six-year-old global equities fund. It will also shutter several Pendal funds in November. The Perpetual Global Innovation Share Fund was launched in June 2017 and invested in global companies benefiting ...

A roadmap for transitioning to managed accounts

ANDREW MCKEAN  |  THURSDAY, 14 SEP 2023
... Best Practice Forum on Managed Accounts, Netwealth's James Mantella said that achieving a 70% transition of clients and funds under management into managed accounts is essential to unlocking the benefits for advisers and clients. In conversations with ...

Ironbark, Invest Blue to create $64bn powerhouse

CASSANDRA BALDINI  |  THURSDAY, 14 SEP 2023
... completed by the end of September, once finalised the newly formed entity is set to oversee approximately $64 billion in funds under management, trusteeship, and advice as of 30 June 2023. Additionally, it will have over 500 staff members and offices ...

Aware Super rolls out adviser portal

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
... transformed the way independent financial advisers (IFAs) interact with the fund, setting a new standard for profit-to-member funds in providing seamless functionality and ease of use". "This has changed the proposition for IFAs, simplifying transactions ...

Young Aussies flock to SMSFs

KARREN VERGARA  |  THURSDAY, 14 SEP 2023
Generation X and Millennials are leading the charge in establishing self-managed super funds (SMSFs), according to new analysis from Class. The 2023 Annual Benchmark Report reveals that Generation X aged 42 to 56 (52.7%) and Millennials aged 27 to 41 ...