Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 21 - 30 of 670 results for "Fund of"

Diversa winds up struggling super fund

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
Diversa is closing one of its superannuation funds following a rapid decline in member accounts and funds under management. The Personal Choice Private Fund is being terminated and is expected to be wound up by 30 June 2026. All member accounts must ...

CFS, Wellington Management team up on new fund

ELIZA BAVIN  |  MONDAY, 8 SEP 2025
Colonial First State (CFS) has announced the launch of the CFS Wellington Global Small Companies Fund, made available on its FirstChoice and Edge platforms. The fund is managed by Boston-based Wellington Management and designed to provide investors ...

Betashares launches first private credit fund

ELIZA BAVIN  |  MONDAY, 1 SEP 2025
Betashares has launched the first offering from its newly established private capital division, the Betashares Private Capital Cliffwater Private Credit Fund. The unlisted fund provides wholesale investors and financial advisers with cost-effective ...

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
... nearly US$2 billion in Israeli companies. In July, UN special rapporteur Francesca Albanese slammed the Government Pension Fund of Norway - which is the world's largest and claims to have the "most comprehensive ethical guidelines" - for helping ...

Treasury launches retirement phase consultations

KARREN VERGARA  |  FRIDAY, 8 AUG 2025
Treasury has launched two consultations relating to the retirement phase, one of which seeks the right metrics and indicators to create transparency and improve retirement outcomes. The proposed Retirement Reporting Framework will require trustees to ...

MA Financial gives $200m to legal finance platform

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
MA Financial Group is providing a $200 million warehouse facility to JustFund to provide wider access to legal assistance for those going through divorce or separation. JustFund offers flexible finance based on a person's "likely relationship settlement" ...

TWG Global to acquire LA Lakers: Reports

KARREN VERGARA  |  MONDAY, 23 JUN 2025
... existing stake in the LA Lakers. In early May, TWG Global made a 5% investment Mubadala Capital, the sovereign wealth fund of Abu Dhabi. Under the deal, Mubadala will anchor and lead a $15.6 billion (US$10bn) syndicated investment in TWG Global as part ...

La Trobe debuts first ASX-listed investment product

ANDREW MCKEAN  |  TUESDAY, 27 MAY 2025
La Trobe Financial, the Brookfield-owned alternative asset manager with $20 billion in assets under management, has launched its first fund on the ASX. The IPO seeks to raise between $100 million and $300 million, with units priced at $2.00. La Trobe ...

ART extends exclusions in Socially Conscious option

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... exclusions. "The exclusions do not apply to our investments in pooled vehicles (such as exchange traded funds, unit trusts and fund of funds), or derivatives, or other forms of investment which may expose our portfolio indirectly to companies that meet ...

Franklin Templeton brings Lexington Partners PE fund down under

MATTHEW WAI  |  THURSDAY, 8 MAY 2025
... offering invests into an Australian dollar-hedged share class of the Franklin Lexington PE Secondaries Fund (FLEX-I), a sub-fund of the Luxembourg-domiciled Franklin Lexington Private Markets Fund SICAV SA range. The fund's investment objective is ...