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Showing 321 - 330 of 5168 results for "Fund manager"

$3.5tn wealth transfer scares Aussie advisers: Natixis

MATTHEW WAI  |  MONDAY, 28 OCT 2024
... under threat in an exponentially growing wealth transfer environment. This is according to new research from the fund manager, which found 45% of advisers are also concerned they won't retain assets from client's spouses or children following a transfer. ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... a global investment manager, replacing Presima and BlackRock. Following a review of its global REIT strategy, the fund manager confirmed that NYSE-listed Cohen & Steers won a new mandate but did not disclose its size. BlackRock previously managed 30% ...

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
The fund manager's share price took a massive hit on the back of $6 billion (£3.1bn) in outflows in the third quarter. While abrdn's assets under management and administration (AUMA) grew 2% on the prior corresponding period, the outflows in its institutional ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... Infrastructure asset manager StratCap in a deal worth $43.7 million. Then, in May, HMC acquired commercial real estate fund manager Payton Capital, kickstarting the first step in its plan to create a $5 billion private credit platform. In June, HMC Capital ...

Dinimus appoints new head of distribution

ANDREW MCKEAN  |  TUESDAY, 22 OCT 2024
Private credit fund manager Dinimus has filled its newly created head of distribution role. The firm, which is focused on corporate lending in Australia and New Zealand, has hired Nigel Credlin, who most recently served as a partner and wealth advisory ...

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
UK active fund manager Jupiter Asset Management has inked a new distribution partnership as it targets the superannuation sector and attempts to expand in the region. The £51.3 billion ($100bn) investment manager hired Melbourne-based Institutional ...

Regal indicted for alleged short-selling breach

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... indictment. "Regal will assess the materiality of any potential one-off financial impact to the group," the $17.2 billion fund manager said. Regal has eight alternatives funds management businesses. It is currently bidding to takeover Platinum Asset ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
Australian Ethical has recorded a 24% growth in funds under management so far this financial year, fuelled by its acquisition of Altius Asset Management. Australian Ethical has $12.95 billion in funds under management (FUM) as at September end. About ...

Perpetual remuneration report cops first strike

KARREN VERGARA  |  FRIDAY, 18 OCT 2024
Perpetual shareholders' overwhelming rejection of the remuneration report yesterday comes as the fund manager stemmed outflows in the September quarter. In an opening address to the annual general meeting (AGM), outgoing Perpetual chair by Tony ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
... stripped the Australian financial services licence (AFSL) of Aretean Ltd Pty, trading as Aretean Capital, following the fund manager's failure to comply with its obligations. Aretean Capital boasts assets under management of over $250 million and a development ...