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Showing 3021 - 3030 of 22782 results for "Funds"

Equipsuper adds board director

ELIZABETH FRY  |  TUESDAY, 11 JUL 2023
... University - the publicly funded university with seven campuses in Australia and annual revenues of $500 million - Rural Funds Management, Catholic Schools NSW, and Screen Canberra. He is also an audit committee member for the Cultural Facilities Corporation ...

Retirees to own 55% of all super come 2032: Rainmaker

CHLOE WALKER  |  TUESDAY, 11 JUL 2023
Within the decade, retirees will own more than half of all superannuation funds under management (FUM), Rainmaker Information forecasts. Last year, super fund members aged 65 or older owned 40% of Australia's $3.3 trillion in superannuation assets. ...

GQG hits US$104bn in FUM

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
GQG Partners has recorded a substantial increase in its funds under management (FUM), rising from US$86.7 billion in June 2022 to US$104.1 billion in June 2023. The asset manager attributed this robust growth to its long-term investment performance ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... managers over the next one to two years. "Outperforming the market, and even outperforming low-risk deposits and money market funds, will be challenging in this exacting, post-Covid environment," the report said.

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
... finalising the deal, but this is subject to a buy-back based contingent on certain milestones. Challenger's real estate funds management business has about $3.4 billion in assets across the retail, industrial and office sectors. Elanor now has $6.4 ...

Asset managers dismiss liquidity risks: FCA

KARREN VERGARA  |  FRIDAY, 7 JUL 2023
... of mass redemptions, a review by the Financial Conduct Authority (FCA) finds. The UK regulator found that many authorised funds dismiss their liquidity management obligations by way of poor stress testing and inappropriate governance frameworks. An authorised ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
... mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed process for phasing out the mFund settlement service. Launched in 2014, mFund was conceived ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... Retirement Trust (10%), HESTA (9.59%), Cbus (8.95%) and AustralianSuper (8.22%). With 1.1 million members and $160 billion in funds under management, Aware said the 10.7% return comes as the fund works to deliver further benefits of scale to its members. ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... their value proposition. Jollie believes the next decade will see significant structural change in the superannuation and funds management industries. This starts with the continued consolidation of the superannuation sector. "There are approximately ...