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Showing 3241 - 3250 of 22782 results for "Funds"

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) ...

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 ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... During Q1 2023, the company reported net flows of $110 million, primarily driven by superannuation inflows. Although managed funds flows remained flat due to ongoing "caution around market volatility," Australian Ethical's funds under management (FUM) ...

Apple dives deeper into financial services

CASSANDRA BALDINI  |  TUESDAY, 18 APR 2023
... future daily cash earned by the user will be automatically deposited into the account and the user can deposit additional funds into their account through a linked account. Silicon Valley's entry into the space has caused some concern for regulators ...

Equity Trustees enlists HUB24 for custodial platform admin

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... technology solutions. The agreement between Equity Trustees and HUB24 covers large transitions totalling around $4 billion funds under administration (FUA) over 18 months, with further updates pending final agreements. According to a recent ASX announcement ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... Super members earlier access to lower fees and the greater investment opportunities that will be delivered by combining the funds," Farrar said. "Merging a retail fund into a not-for-profit fund has not been done before in Australia. It does add extra ...

Fraudster sentenced to eight years behind bars

CHLOE WALKER  |  MONDAY, 17 APR 2023
... and 2010. Last year, Silver pleaded guilty to misappropriating $1.815 million from the scheme companies by transferring funds to his personal bank account, making payments to company employees and paying returns to other investors. Many of the investors ...

Government divulges vision for superannuation

ANDREW MCKEAN  |  FRIDAY, 14 APR 2023
... one," Jones said. "We're going to ensure that Australians are getting that level of service from their superannuation funds, otherwise, they'll mark you down." Unpaid superannuation The government is actively working to address the issue of unpaid ...

Regal names investment director

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... Regal once the deal finalises, supporting Phil King in managing the ASX-listed Asian equity strategy (RG8), as well as other funds. Regal had about US$600 million in its Asian equity funds at the end of December 2022. At the end of January 2023, Regal ...

Brookvine folds into ASX-listed multi-boutique

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... Management, acquired Brookvine for an undisclosed amount. Founded in 2001, Brookvine offers third-party distribution and other funds management services to institutional managers. Its partners are THB Asset Management, Mittleman Brothers and Welton Investment ...