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Showing 3211 - 3220 of 21898 results for "Fund."

PensionDanmark chief executive to retire

CHLOE WALKER  |  FRIDAY, 21 APR 2023
Torben Möger Pedersen, the pension fund's first employee and chief executive, will step down from the role after more than 30 years. Pedersen joined PensionDanmark when the organisation was established in 1992. Beforehand, he served as chief executive ...

UK's Nest switches investment chief

CHLOE WALKER  |  FRIDAY, 21 APR 2023
Liz Fernando has been promoted to chief investment officer of the pension fund, taking up the mantle from Mark Fawcett. Having joined Nest in 2020 and made deputy chief investment officer in 2021, Fernando brings with her 25 years' worth of investment ...

ATO keeping tabs on SMSF early access, tax avoidance

KARREN VERGARA  |  FRIDAY, 21 APR 2023
The tax office issued a fresh warning to the rich who use self-managed superannuation funds as a vehicle for dodging tax and those who illegally access their retirement savings early. Of the total SMSFs in existence, 25% are operated by private wealth ...

Superannuation changes limit tax benefits for top earners: ASFA

ANDREW MCKEAN  |  FRIDAY, 21 APR 2023
According to an ASFA report, the government's proposed superannuation changes will improve equity by curbing tax benefits for high-income earners. The introduction of higher taxation for balances exceeding $3 million is projected to lead to a 9.5% ...

Search funds beat VC, private equity returns

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
Search funds, an investment strategy that sprung from the hallways of two Ivy league universities in the US, have reached Australia, grabbing the attention of investors drawn to the new business model and returns in excess of 30%. Developed by universities ...

Link Group sells Funds Solutions, settles with FCA

CASSANDRA BALDINI  |  THURSDAY, 20 APR 2023
Link Group has sold the troubled Fund Solutions business and reached a settlement with the UK Financial Conduct Authority (FCA) over the Woodford fund issues. Fund Solutions has been sold to Waystone Group, for between $203 to $259 million (£110- £140) ...

MA Financial buys marinas, launches fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
The $225 million purchase of d'Albora marina off Balmain Corporation (Balmain) has seeded a new fund for MA Financial, the MA Marina Fund. d'Albora is Australia's largest marina network consisting of 10 marinas located across Australia's eastern seaboard. ...

Mantis to distribute Isola Fullerton fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
Mantis Funds (Mantis) and Hong-Kong based Isola Capital (Isola) are bringing the Isola Fullerton Global Private Alpha Fund to Australia. The fund, which is sub-advised by Fullerton Fund Management (Fullerton), provides a diversified portfolio of global ...

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
Fund manager GAM has confirmed it is talks with UK asset manager Liontrust Asset Management over a potential sale. In a short announcement to shareholders, GAM added that it is also in similar discussions with others. It said it is "working tirelessly ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
UniSuper has selected Revolution Asset Management to manage an Australian and New Zealand private debt portfolio. Revolution Asset Management's separately managed portfolio, established earlier this year, has been actively allocating capital to ...