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Showing 3281 - 3290 of 20552 results for "BEN"

APRA proposes further unlisted valuation rules

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
APRA is proposing more stringent rules around how superannuation funds value unlisted assets and is taking industry feedback until 16 February 2022. The prudential regulator seeks to make several changes to Prudential Standard SPS 530 Investment Governance ...

WAM looks to acquire Asian equities LIC

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
WAM Capital is attempting to acquire a listed investment company that has a concentrated portfolio of listed Asian equities. WAM has its eye on PM Capital Asian Opportunities Fund (PAF), offering to pay $1.147 per PAF share. The proposed takeover bid ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
Link Group vowed that it will "vigorously defend" its subsidiary against a class action involving the failed Woodford Equity Income Fund. UK law firm Leigh Day kicked off proceedings against Link Fund Solutions on September 27 on behalf of 100 WEIF ...

MFS Investment Management launches new trust

ANNABELLE DICKSON  |  WEDNESDAY, 29 SEP 2021
The US$685.5 billion fund manager has opened a multisector, small and mid-market-cap equity trust to Australian and New Zealand investors. The MFS Global New Discovery Trust aims to generate alpha by selectively investing in high-quality companies within ...

Aviva Investors names credit lead, offloads US team

JAMIE WILLIAMSON  |  TUESDAY, 28 SEP 2021
The global asset manager has appointed a new head of credit, as Franklin Templeton acquires its US-based investment grade credit team. Aviva Investors has appointed Caroline Hedges as head of credit, replacing Colin Purdie who was promoted earlier this ...

Fidante boutique launches flagship fund

KARREN VERGARA  |  MONDAY, 27 SEP 2021
A new Fidante Partners boutique has launched its flagship emerging markets fund. Ox Capital Management's Dynamic Emerging Markets Fund invests in undervalued companies from Asia ex-Japan and other emerging markets. It holds between 30 to 50 stocks ...

Consumers lose out on IP changes

KARREN VERGARA  |  MONDAY, 27 SEP 2021
Almost one third of Australians don't know what income protection covers and could potentially lose out from the significant life insurance reforms that are just days away. This is according to a survey from comparison website Finder, which canvassed ...

Stewart Investors launches emerging markets fund

ANNABELLE DICKSON  |  MONDAY, 27 SEP 2021
The active, long-only equity specialist launched a global sustainable emerging market fund for local investors. The Global Emerging Markets (GEM) Leaders Sustainability fund invests in mid to large-cap companies that are positioned to benefit from and ...

Hyperion Asset Management builds out team

ANNABELLE DICKSON  |  MONDAY, 27 SEP 2021
The fund manager has appointed a head of risk and compliance, general executive, and research associate as it invests in its next stage of growth. Thomas Withers has joined as head of risk and compliance from Northcape Capital where he was in a similar ...

Economic recap: Week to September 24

BENJAMIN ONG  |  MONDAY, 27 SEP 2021
Financial markets have been on edge ever since they got the first whiff of "taper" in the air. This started when the minutes of the US Federal Reserve's April 27-28 FOMC meeting revealed that: "A number of participants suggested that if the economy ...