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Showing 371 - 380 of 1836 results for "Managed Fund"

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
In a very rare move, a listed investment company has restructured to become an exchange traded managed fund - listing on the ASX today. The Monash Absolute Investment Company (MA1) has been restructured to become the Monash Absolute Active Trust (MAAT ...

Magellan launches FuturePay

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
... product today with a pay cheque replacement, having first flagged the idea back in 2017. FuturePay is an actively managed fund available on Chi-X from Wednesday and in an unlisted vehicle investing in low volatility, high quality global companies. Magellan ...

Vanguard appoints fund administrator

KANIKA SOOD  |  MONDAY, 31 MAY 2021
Vanguard has appointed a fund administrator for its wholesale funds in Australia which hold an estimated $98.5 billion in assets. Vanguard has taken the function from in-house to external provider. Link Group was appointed to provide fund administration ...

Magellan retirement product nears launch

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
Magellan's retirement income product FuturePay will launch on June 1, the company said in this morning's ASX filings. Magellan Financial Group has been working on its retirement product since at least 2017. It has now scheduled a June 1 briefing ...

Fund manager hit with serious charges

KARREN VERGARA  |  FRIDAY, 21 MAY 2021
The former managing director of Global Merces Funds Management, which is now in liquidation, has been slapped with criminal charges for dishonest conduct and providing dodgy information about the fund's affairs. The court determined that Holly Grofski ...

Investors greenlight LIC to ETF conversion

KANIKA SOOD  |  TUESDAY, 11 MAY 2021
... Investment Company (MA1) last year initiated the process to convert from the closed-ended structure to an exchange-traded managed fund (ETFMF) to re-set the market price and close the discount to investors. Resolutions relating to it were put to unitholders ...

New India fund eyes HNWs

KARREN VERGARA  |  TUESDAY, 11 MAY 2021
... Avenue Investment Management will launch India 2030 in the third quarter of this year, a high conviction, actively managed fund that invests in small to mid-cap companies listed on the National Stock Exchange of India. India 2030 has mandated Mumbai-based ...

Managed funds coped with COVID-19: ASIC

ELIZABETH MCARTHUR  |  FRIDAY, 30 APR 2021
An ASIC review of retail managed funds found that they effectively coped with the challenges presented by COVID-19. ASIC found managed funds largely did not face serious investor liquidity challenges during the height of COVID-19 market disruptions ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... Australia's benchmark fixed-rate bond index," BetaShares said in a statement. BHYB follows Active Australian Hybrids Fund (managed fund) (ASX: HBRD), which recently crossed the $1 billion. "Record low interest rates present a significant challenge for ...

How managers win ESG mandates

ELIZABETH MCARTHUR  |  TUESDAY, 27 APR 2021
New research from Investment Trends has revealed how investors choose ESG product providers, and it's bad news for some of the big names in funds management. According to the research, conducted by Investment Trends and Australian Ethical, 87% of ...