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Showing 3471 - 3480 of 22782 results for "Funds"

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
... an undisclosed amount. PFS runs specialist accounting and administration platform PFS-PAXUS, which supports all manner of funds, including hedge funds and private equity vehicles. It has offices in Australia and Europe and is used by over 4000 individual ...

ETF industry poised for growth: BetaShares

ANDREW MCKEAN  |  THURSDAY, 12 JAN 2023
The ETF industry continued to attract new investor funds, even as asset values declined in 2022, a BetaShares Australian ETF review said. The Australian ETF industry had $13.5 billion of net inflows in 2022. In contrast, Australian managed funds had ...

Prime Super appoints new board directors

ANDREW MCKEAN  |  WEDNESDAY, 11 JAN 2023
... director Bev Durston. Dooley has more than 30 years' experience in financial services in Australia and Asia, working with super funds, regulators, investment management teams, institutional and retail investors, asset consultants and other industry experts. ...

Morningstar to introduce new rating system

JAMIE WILLIAMSON  |  WEDNESDAY, 11 JAN 2023
... Parent still applying. Under the change, both analysts and Morningstar's proprietary machine learning algorithm will assess funds against the pillars. The pillars assessed by the algorithm will be marked with a 'Q' to provide clarity on the proportion ...

K2 Asset Management enlists GAM for long short fund

CHLOE WALKER  |  WEDNESDAY, 11 JAN 2023
The equity funds manager is set to bring in Zurich-based investment giant GAM Investments (GAM) to oversee its Select International Absolute Return Fund. The new partnership will see GAM serve as investment manager of the fund, which was set up by K2 ...

FSC releases claims handling standard for super funds

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... handing process. The FSC is the first industry peak body to publish a mandatory standard that is binding on superannuation funds who provide claims handling services for their members." The FSC spokesperson concluded that the standard improves on FSC ...

GQG reports strong inflows

ANDREW MCKEAN  |  TUESDAY, 10 JAN 2023
... inflows of US$8 billion for the full year ended 31 December 2022. The asset manager ended the year with nearly 96% of the funds under management (FUM) it began the year with - it had US$91.2 billion in 2021 and US$88 billion 2022. In an ASX statement ...

ASIC takes action against more greenwashing

RACHEL ALEMBAKIS  |  TUESDAY, 10 JAN 2023
... increasingly look to more sustainable and ethical investing, including via their superannuation, ASIC wants to make sure funds have the evidence to back their claims and are not promising exclusions that they can't guarantee." ASIC also announced ...

HESTA adds US$200m to Stafford Capital private equity fund

ANDREW MCKEAN  |  MONDAY, 9 JAN 2023
... with leading sustainable private equity managers and aims to generate attractive risk-adjusted returns. HESTA allocated the funds for this investment from the HESTA Sustainable Growth option, which invests in companies selected and managed based on specific ...

Regulator issues interim stop orders

JAMIE WILLIAMSON  |  MONDAY, 9 JAN 2023
... of the Pivotal Diversified Fund in producing the target market determination (TMD). The fund invests in various managed funds, including hedge funds, a fund invested in residential and commercial real estate developments and a private equity fund. The ...