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Showing 281 - 290 of 4973 results for "Limit"

Franklin Templeton, Pendal funds shutter

KARREN VERGARA  |  MONDAY, 26 MAY 2025
Franklin Templeton has shuttered two of its funds this month, while Pendal will terminate one of its funds in August. Responsible entity Franklin Templeton Australia Limited (FTAL) has closed both the ClearBridge RARE Emerging Markets Fund and Martin ...

Stake 'breaks barriers' with inaugural fixed income product

MATTHEW WAI  |  MONDAY, 26 MAY 2025
The investment platform has launched an actively managed fund, targeting a return of 2% above the Reserve Bank of Australia's (RBA) cash rate. Launched today, Stake Accumulate is primarily invested in liquid, fixed income securities, but may also invest ...

Super funds back $9.6bn homegrown platform

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
Australian superannuation funds Hostplus and NGS Super, among other major investors, have contributed to a US$300 million ($466 million) capital raise for a Melbourne-found global financial platform. The two super funds were some of the lead investors ...

Australian Unity offloads property fund

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
Australian Unity has agreed to sell Australian Unity Investments Limited (AUIL), the responsible entity of the Australian Unity Property Income Fund (PIF), to Newmark Capital (Newmark). The transaction includes the transfer of management rights for ...

Entireti, Otivo enter strategic alliance for digital advice

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
Entireti and licensed digital advice platform Otivo have partnered up to build a scalable, low-cost solution to "meet the needs of consumers across the advice continuum." The partnership will see Entireti and Otivo combine their IP and resources to ...

PGIM Real Estate partners up on $145m deal for logistics asset

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
PGIM Real Estate has partnered with real estate development and investment firm Cadence Property Group to acquire the St Mary's Intermodal Terminal. The partnership marks the first time PGIM Real Estate, which has US$206 billion in assets, making it ...

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
NSX Limited (NSX), the operator of the National Stock Exchange of Australia, has entered into a Scheme Implementation Deed with CNSX Markets, the market operator of the Canadian Securities Exchange (CSE). Under the agreement, CNSX will acquire all remaining ...

Hearts & Minds chief exits

ELIZA BAVIN  |  MONDAY, 19 MAY 2025
Hearts & Minds (HM1) chief executive Brett Jollie will step down, having held the role for less than a year. The board said it would restructure the leadership team, transitioning from a full-time chief executive role to a more "streamlined model". ...

Relaxed superannuation preservation rules will sink returns: Frontier

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
A Frontier report, commissioned by the Super Members Council, has argued that current preservation rules provide super funds with the flexibility to invest in unlisted assets, and warned that permanently relaxing these rules will decrease long-term ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
HESTA members currently in the midst of an extended limited services period will not see a pause or reduction applied to their administration fees, the fund confirmed. The $89 billion fund is currently transitioning to GROW Inc. (GROW) for its administration ...