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Showing 3111 - 3120 of 22782 results for "Funds"

IFM, ISPT explore merger options

KARREN VERGARA  |  TUESDAY, 6 JUN 2023
... lion's share is invested in Australian property. In the past, the two collaborated on launching International Property Funds Management (IPFM), which invests in global unlisted real estate. Tony McCormack was appointed as the inaugural chief executive. ...

Fraudulent property director charged

CHLOE WALKER  |  TUESDAY, 6 JUN 2023
... an investigation, ASIC is alleging that between May 2016 and February 2017, Steele misled the investors into withdrawing funds from their employer superannuation funds and savings accounts to invest in a property development at Biggera Waters, Queensland. ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
The fund manager bled $12.6 billion in outflows across several managed funds in the year to March, Rainmaker research shows. Four of First Sentier Investors' products lost more than $1 billion in net flows each, Rainmaker's latest Wholesale ...

Collapsed trading house hit with charges

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... provider Berndale Capital Securities have been charged with dishonesty offences, including misusing over $1 million in company funds. Stavro D'Amore and Daniel Kirby are alleged to have unlawfully transferred Berndale company funds to benefit themselves. ...

Vanguard fined for defective account statements

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... Authority (FINRA) found that the fund manager overstated the yield and projected annual income for nine of its money market funds across nearly 8.5 million US accounts. Vanguard produced inaccurate market appreciation/depreciation valuations and investment ...

Dexus, Partners Wealth Group airport fund to take off

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... "Dexus has a strong reputation amongst high net wealth investors following the success of its healthcare and opportunistic funds management strategies," it said. Partners Private was launched in December 2021 to provide access to investments traditionally ...

Macquarie AM wins manager of the year: ILAs

STAFF WRITER  |  FRIDAY, 2 JUN 2023
... Sustainability Leaders ETF Property Australian Listed Pendal Group Pendal Property Securities Fund International Listed Bennelong Funds Management Quay Global Real Estate Fund Infrastructure Vanguard Investments Australia Vanguard Global Infrastructure ...

CareSuper, Spirit Super charge ahead with $50bn merger

ANDREW MCKEAN  |  FRIDAY, 2 JUN 2023
... a binding agreement to merge, set to finalise by late 2024. The combined superannuation entity will have $50 billion in funds under management (FUM) and serve over 500,000 members. Last year, former CareSuper chief executive Julie Lander revealed plans ...

Frontier overhauls research function

ELIZABETH FRY  |  FRIDAY, 2 JUN 2023
... UK investors. Frontier said alternatives generally have had modest allocations across portfolios and typically in larger funds. "We have several years of history of providing specialist research and advice in this area, and we feel further allocations ...

Heatmaps drive efficiencies, more consolidation: Cole

CHLOE WALKER  |  FRIDAY, 2 JUN 2023
... with others that can deliver a better outcome. "We still have a landscape in super where we have 118 APRA regulated super funds as at 30th June 2022," Cole said. "A small number of those, or the top 10, have roughly 50% of members and assets." If you ...