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Showing 3191 - 3200 of 22782 results for "Funds"

AustralianSuper hires investment lead in Europe

ELIZABETH FRY  |  FRIDAY, 5 MAY 2023
... private markets. Astorri sits on the board of ISPT, the $20 billion property fund set up by Australia's largest pension funds. He began his career in the Bank of England, first in the wholesale markets supervision division (covering the gilts market) ...

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
... intervention. According to the SEC, between June 2018 to May 2020, Brett M. Bartlett and his father-in-law Scott A. Miller raised funds from more than 1000 investors across the US by selling promissory notes, stock, and fraudulent gold contracts through ...

Industry funds gain ground in retirement asset battle: KPMG

ANDREW MCKEAN  |  FRIDAY, 5 MAY 2023
Industry funds are gaining ground in the battle for retirement assets, with their market share increasing 2% between 2021 and 2022, challenging the retail sector's long-standing dominance in pension accounts. According to a KPMG report, although ...

Private markets boost Macquarie AM results

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... Macquarie Asset Management (MAM), but the green energy sector dragged its performance in the year to March 2023. MAM saw funds under management of $870.8 billion rise 10% year on year but failed to replicate this growth across its bottom line. MAM made ...

Dexus buys more of Royal Adelaide Hospital

CHLOE WALKER  |  FRIDAY, 5 MAY 2023
Three funds managed by Dexus have taken a combined 30.58% stake in the Royal Adelaide Hospital Public Private Partnership (PPP). The funds include the Dexus Community Infrastructure Fund1 (CommIF), the Dexus Healthcare Property Fund (DHPF) and the AMP ...

More misfortune for Magellan

CHLOE WALKER  |  THURSDAY, 4 MAY 2023
Once again, Magellan Financial Group has experienced a drop in its total funds under management (FUM), falling a further $0.5 billion. It saw net outflows of $2.4 billion, comprising net retail outflows of $0.4 billion and net institutional outflows ...

Industry fund market share soars: KPMG

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
Industry funds have solidified their dominance with a remarkable increase in market share, largely at the expense of public sector funds, according to a KPMG report. The KPMG report revealed a "massive" market share increase for industry funds, growing ...

Dalton Street fund terminated

JAMIE WILLIAMSON  |  THURSDAY, 4 MAY 2023
... fund will be wound up no later than May 10, primarily due to its low assets under management. Equity Trustees said Mantis Funds, which serves as investment manager, confirmed it did not want to pursue the fund strategy "as it is not likely to achieve ...

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... Since last July, ASIC has placed interim stop orders on 26 investment products from 18 issuers which totals $6.6 billion in funds backed by retail investors. These actions resulted in 12 issuers amending 18 target market determinations (TMD) to address ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
... consultation paper in June seeking industry feedback. Less than 10 years old, mFunds provides investors access to unlisted managed funds but have attracted just $1.6 billion in funds under management across 232 products. Compared to ETFs, which have ...