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Showing 341 - 350 of 2729 results for "BEA"

US fund manager hires former Legg Mason executive

KARREN VERGARA  |  FRIDAY, 28 JAN 2022
Legg Mason's former regional and country head has taken on an executive role at a US$575 billion US-based asset manager. Allspring Global Investments, which recently rebranded from Wells Fargo Asset Management, hired Andy Sowerby as managing director ...

EG Funds purchases popular CBD venues

CHLOE WALKER  |  TUESDAY, 25 JAN 2022
EG Funds (EG) has acquired two fully leased retail assets in Melbourne and Brisbane on behalf of its private wealth division. The latest of the two, the Anglers Tavern, at 2 Raleigh Rd, Maribyrnong VIC, was purchased for $23.33 million and is located ...

Barclays appoints managing directors

CHLOE WALKER  |  TUESDAY, 18 JAN 2022
Barclays has appointed two new managing directors of investment banking in Australia. Duncan Beattie and Duncan Connellan have been named in the roles. Beattie will lead the overall delivery of international capital markets financing for clients in ...

Future Super hires operations chief

KARREN VERGARA  |  THURSDAY, 6 JAN 2022
Ethical superannuation fund Future Super has appointed a chief operating officer from Club Plus Super. David Barton was hired in the newly created position in December, wrapping up a similar role at Club Plus where he spent more than four years. Barton's ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
Morningstar cut its fair value estimate for narrow-moat Magellan Financial Group by 25% to $38 per share, after the fund manager lost a major mandate. That's according to a note from analyst Shaun Ler, who said the impact of St James' Place (SJP) cutting ...

Kelly Partners acquires Canberra firm

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
Kelly Partners Group (KPG) has announced the acquisition of a Canberra firm with $1.1 million revenue. The accounting practice was acquired through Kelly Partners Canberra. The business will relocate to Kelly Partners Canberra's offices. It's ...

Fidelity launches active ETF

KARREN VERGARA  |  MONDAY, 13 DEC 2021
Fidelity International has launched one of its managed funds as an actively managed exchange-traded fund on the ASX. The Fidelity Global Demographics Fund listed on the ASX as FDEM. It invests in up to 70 global stocks and aims to beat the MSCI All ...

Super funds lambasted over nuclear holdings

CHLOE WALKER  |  THURSDAY, 9 DEC 2021
New research from the Australia Institute and Quit Nukes shows most major Australian superannuation funds still have holdings in nuclear weapons. Nearly one year since the UN Treaty on the Prohibition of Nuclear Weapons (TPNW) came into force (January ...

Majority of Aussie fund categories underperform: Data

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
S&P Dow Jones Indices Australia has today released its Persistence Scorecard Mid-Year 2021, revealing that the majority of Australian fund categories overall showed weak performance persistence in top-performing funds across three- and five-year periods. ...

Boutique creates distribution lead role

KARREN VERGARA  |  TUESDAY, 7 DEC 2021
An Australian equities specialist appointed a head of distribution in a newly created role. Simon Wu has joined Quest Asset Partners after a stint at Cooper Investors as a senior business development manager. Prior to Cooper Investors, Wu spent five ...