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Showing 11 - 20 of 172 results for "Mark for"

US pension funds haemorrhage US$249bn

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
The 25 largest state and local pension investment funds in the US have lost an estimated US$249 billion in public equities, according to the Equable Institute. The institute, which is a bipartisan nonprofit, said most of the damage occurred over the ...

Regal leads $30m note in Carma

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
Regal Funds Management and Tiger Capital have led a $30 million convertible note in used car marketplace Carma, with participation from existing backers like General Catalyst and Five V Capital. The funding will be used to expand Carma's vehicle inventory ...

Fiducian FUMAA swell to $14.4bn

KARREN VERGARA  |  MONDAY, 17 FEB 2025
Fiducian Group reported an 11% increase in funds under management, administration, and advice (FUMAA) to $14.4 billion thanks to improved inflows and the steady rise of the financial markets. The funds management business saw assets grow by 16% in the ...

GQG records US$1.7bn net flows in January

MATTHEW WAI  |  MONDAY, 17 FEB 2025
... variety of geographies and across channels. As at January 31, our FUM totaled US$160.4 billion, which is a high water-mark for our business...," Carver continued. "I believe our culture is strong, and our clients have enjoyed solid performance... We ...

Civitas appoints new business partner

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
... McCowan noted he's managed his own AFSL for eight years and fully understands the challenges it represents. "I've known Mark for many years, and together we are committed to helping our practices build and maintain successful businesses," he said.

GPT appoints new chief investment officer

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... part of GPT's leadership team and delivered significant value to the business," Proutt said. "I would like to thank Mark for his enormous contribution to GPT over many years and wish him all the best for the future."

Canna Campbell slapped with $114k legal bill

KARREN VERGARA  |  MONDAY, 26 FEB 2024
A judge has ordered financial adviser Canna Campbell to pay $113,791.50 in legal costs after she was found guilty of trademark infringement. Justice Manousaridis in the Federal Circuit Court of Australia ordered Campbell, founder of SugarMamma TV and ...

Aware Super appoints head of public market equities

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
Aware Super has appointed former Vanguard and BlackRock portfolio manager Agnes Hong as its new head of public market equities. Hong, who is relocating from Philadelphia to Sydney, will oversee the development of Aware Super's $90 billion public ...

Super funds missing out on rich returns from Aussie agriculture

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Global pension funds are increasing investments in Australian agriculture, the nation's second-largest real estate sector, prompting Warakirri Asset Management managing director Jim McKay to question the relative absence of superannuation funds. Warakirri ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
The Administrative Appeals Tribunal (AAT) has nullified ASIC's ban on Dominique Grubisa, an investment guru and DG Institute founder, from participating in credit activities and financial services. In 2022, Grubisa was banned for four years after ...