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Showing 3281 - 3290 of 22782 results for "Funds"

ETF market to hit $200bn by 2025

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
... and gain a better understanding of how to use ETFs to effectively build whole portfolios, rather than use actively managed funds or listed invested companies." Chugh added that competition in the ETF market will also increase, with more fund managers ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... Rainmaker modelling shows that between 2020 and this month, more than 120 listed investment companies and wholesale managed funds either shuttered or merged with a relatively superior product. By the same token, only 10 exchange-traded products suffered ...

Fund manager acquired by US fintech

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
A local investment management boutique is to be bought by GoLogiq, marking its entry into the Southeast Asian funds management market. GoLogiq, which provides fintech and data analytics, acquired 100% of West Australia-based Bateau Asset Management. ...

Objective will not achieve any real purpose: IFPA

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... "The core objective of superannuation is better captured by the sole purpose test which simply requires that superannuation funds are maintained for the purpose of providing retirement benefits to its members, or to their dependents if a member dies ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... issues that jeopardised members' best interests. It's understood that the fund had just 197 members and $7.6 million in funds under management (FUM) when it closed on 31 May 2022. After the closure of FairVine, promotors of three advised offers in the ...

Another Aussie mandate for Apex Group

CHLOE WALKER  |  WEDNESDAY, 29 MAR 2023
... custody services, alongside trustee to the fund K2 Asset Management. Already this year, Apex Group has been appointed by local funds Yarra Capital Management and Capital Prudential. "Following the integration of Apex Group's acquisitions in Australia ...

Kapstream wins new mandate

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
... operations." "It's testament to this commitment that Australian Ethical has chosen us as a partner," she said. Australian Ethical's funds under management jumped 21% in the year to December 2022 to $8.37 billion, in part due to the completion of the ...

Saxo launches managed portfolios

KARREN VERGARA  |  TUESDAY, 28 MAR 2023
Saxo Australia today launched a suite of managed portfolios targeting self-directed investors and self-managed super funds. SaxoSelect offers seven managed portfolios with actively managed and index-based strategies. Three offerings are managed by BlackRock ...

Super funds back new renewables platform

JAMIE WILLIAMSON  |  TUESDAY, 28 MAR 2023
... Commenting, Aware Super senior portfolio manager, infrastructure Mark Hector said: "As one of the nation's leading super funds dedicated to delivering strong risk adjusted returns for our 1.1 million members, we're excited to deepen our $2 billion commitment ...

Managed accounts achieve record inflows: IMAP

CHLOE WALKER  |  TUESDAY, 28 MAR 2023
In the six months to 31 December 2022, funds under management (FUM) in managed accounts increased to reach a new high of $144.5 billion, according to the latest data by the Institute of Managed Account Professionals (IMAP) and Milliman. This is up 9.8% ...