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Showing 21 - 30 of 100+ results for "Class A"

Downward fee trend hits ESG

ELIZABETH MCARTHUR  |  MONDAY, 22 NOV 2021
Across asset classes there is significant downward pressure on institutional asset management fees, according to new research from bfinance. The study's key findings include a reduction in the cost of active global equities strategies with ESG requirements ...

E&P Financial Group director steps down

ANNABELLE DICKSON  |  WEDNESDAY, 17 NOV 2021
E&P Financial Group bid farewell to an independent non-executive director and appointed its chief executive as managing director. Kevin McCann joined the board in 2020 and was lead independent director, chair of the people, nomination and remuneration ...

E&P Financial Group hit with class action

KARREN VERGARA  |  THURSDAY, 4 NOV 2021
Piper Alderman launched a class action against E&P Financial Group and its former chief executive Alan Dixon for allegedly providing conflicted financial advice and engaging in misleading and deceptive conduct. The law firm has taken Dixon and E&P Financial ...

Macquarie AM acquires alternative investment group

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
Macquarie Asset Management has acquired an independent investment advisory firm delivering private client access to institutional hedge fund, private equity, real estate, and funds-of-funds. It agreed to acquired New York-based Central Park Group for ...

Pinnacle backs investment platform

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
Pinnacle Investment Management has made a $3 million cornerstone investment in OpenInvest. Melbourne-based fintech OpenInvest said it will use the funding to increase staff numbers to continue the roll out of its investment administration technology ...

HUB24 to acquire Class

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
SMSF technology provider Class has agreed to be acquired by HUB24 via a scheme of arrangement. Under the deal, Class shareholders will receive one share in HUB24 for every 11 ordinary Class shares they hold, plus $0.10 per ordinary share. The implied ...

Westbridge FM expands fund lineup

JAMIE WILLIAMSON  |  FRIDAY, 1 OCT 2021
The West Australian property fund manager has added to its series of diversified funds, open to retail and wholesale investors. The Westbridge Diversified Fund No. 4 is looking to purchase up to 12 assets to create a commercial property portfolio of ...

Class action legislation open for consultation

ANNABELLE DICKSON  |  FRIDAY, 1 OCT 2021
Following industry backlash last year, the government has released exposure draft legislation for consultation on the distribution of class action proceeds in proceedings involving a litigation funder. If the legislation progresses, it will implement ...

Link vows to fight class action

KARREN VERGARA  |  WEDNESDAY, 29 SEP 2021
Link Group vowed that it will "vigorously defend" its subsidiary against a class action involving the failed Woodford Equity Income Fund. UK law firm Leigh Day kicked off proceedings against Link Fund Solutions on September 27 on behalf of 100 WEIF ...

IFM Investors sets 2030 emissions target

ELIZABETH MCARTHUR  |  TUESDAY, 7 SEP 2021
The $174 billion manager owned by industry funds will reduce the carbon footprint of its infrastructure assets by 40% by 2030, as it heads down the path to net zero by 2050. IFM Investors has set its interim emissions reduction target for the infrastructure ...