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Showing 361 - 370 of 3121 results for "Investment Manager"

SSGA expands risk-based ETF model portfolios

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
State Street Global Advisors (SSGA) has announced the expansion of its State Street risk-based ETF model portfolios to include a new High Growth investment option. The High Growth model will be available to financial advisers on the Praemium, HUB24 ...

Vanguard Super's default option delivers 13.2% return

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
... returned 8.11% and 5.86%, respectively. Vanguard Asia Pacific chief investment officer Duncan Burns said the investment manager was delighted that its superannuation offering delivered such strong returns for members. "While it [Vanguard Super] is still ...

ASIC delivered court win over Firstmac DDO failure

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... Federal Court action in relation to breaches of design and distribution provisions against non-bank lender and investment manager Firstmac over a cross-selling strategy for investment products. The Federal Court found yesterday that Firstmac breached ...

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
Some investment managers still scored large mandates despite an overall nosedive in appointments by not-for-profit super funds. Alphinity, which manages $31.39 billion of Australian-sourced funds, was awarded a $2.92 billion international equites mandate ...

ASIC levy to slug advisers $48.4m

KARREN VERGARA  |  TUESDAY, 9 JUL 2024
ASIC's regulation activity for the 2024 financial year is expected to slug financial advisers $48.39 million collectively as the annual levy does not appear to be reducing. Licensees that provide personal advice to retail clients on relevant financial ...

ANZ, Blackstone launch HNWI fund

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... strategy that is exclusive to ANZ Private clients. Blackstone's Multi-Asset Investing unit (BXMA) is the investment manager of the fund. The fund is built on the BXMA Absolute Return platform. It invests in an underlying fund, which is a Cayman Islands-exempted ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... fees at the end of May, while its benchmark returned 6.60%. It also meant that Aviva Investors Pacific as its investment manager "has not raised sufficient assets to make the fund viable, particularly in terms of investment and operating cost efficiencies," ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Leading exchange-traded product (ETP) investment managers - Vanguard, Betashares, BlackRock, and VanEck - which command about 70% of the Australian market, reduced their asset-weighted fees by 8% in the 12 months to March, according to Rainmaker Information. ...

Local Aviva Investors managing director to exit

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
Aviva Investors, the global asset management business of London insurer Aviva Plc, will farewell its local managing director following a decision to manage distribution from Singapore. Australian managing director Brett Jackson has been with the firm ...

Bennelong takes on fledgling boutique

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2024
Two former Magellan portfolio managers have set up a new boutique and joined forces with Bennelong Funds Management to launch a global small and mid-cap strategy. Canopy Investors was established in February 2023 by Kris Webster and Michael Poulsen ...