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Showing 21 - 30 of 79 results for "Funds business"

Evans Dixon reports $30.5m loss

KANIKA SOOD  |  FRIDAY, 28 AUG 2020
... funds from retail clients, reduce the URF portfolio and wind down Dixon Projects. "Our medium-term growth in our funds business will come from the investment we are making in external distribution capability for our strongly performing core direct equities ...

Spaceship raises $10m in capital raise

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
... AirTree Ventures were on board. Spaceship, which started out as a superannuation fund in 2017, added a managed funds business called Spaceship Voyager in 2018, offering two low-cost equities funds with the average investor a 30-year-old worker. Voyager ...

Spaceship Super gets boost from Voyager

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... $300 million superannuation fund. Spaceship, which started out as a superannuation fund in 2017, added a managed funds business called Spaceship Voyager in 2018, offering two low-cost equities funds with the average investor a 30-year-old worker. Voyager ...

Clearstream rebrands Australian acquisition

ALLY SELBY  |  MONDAY, 1 JUN 2020
The $14 trillion post-trade securities service provider has rebranded an Australian managed funds business that it acquired in July last year. Sydney-based Ausmaq will be renamed Clearstream Australia from June 1, and will provide custody and administrative ...

Changes to foreign investment rules hurt managed funds

ALLY SELBY  |  TUESDAY, 14 APR 2020
A Chinese-Australian funds manager has slammed changes to the foreign investment review framework, arguing they will damage the Australian economy and its managed funds businesses. Atlas Advisors Australia said the new temporary FIRB rules would curb ...

Macquarie expands US funds management

KANIKA SOOD  |  FRIDAY, 12 APR 2019
... April 9. The move will see Macquarie IM add roughly US $12.3 billion in assets under management to its Delaware Funds business. The transaction is expected to complete between October and December. Macquarie IM will also manage a portion of Foresters' ...

Swiss group acquires stake in local wealth firm

KANIKA SOOD  |  THURSDAY, 14 MAR 2019
... clients with access to international equity research and global corporate mandates and plans to leverage EFG's funds business, specifically the New Capital Funds in an effort to penetrate the Australian pension fund market," Shaw and Partners said. Additionally ...

Outflows dent IOOF advice, funds businesses

KARREN VERGARA  |  MONDAY, 4 FEB 2019
IOOF recorded net outflows of $481 million in its financial advice and funds management businesses during the final quarter of 2018. The advice business suffered $295 million of net outflows despite completing the transition of 661 former ANZ-aligned ...

Financial literacy critical to European retirement

DARREN SNYDER  |  THURSDAY, 11 OCT 2018
... Speaking to a group of international media in London on Wednesday, J.P. Morgan Asset Management head of Europe funds business Massimo Greco said the statistics left a large puzzle for wealth managers as the lack of financial literacy and investment "does ...

SuperConcepts searches for new CTO

KARREN VERGARA  |  WEDNESDAY, 1 AUG 2018
... years. AMP acquired Queensland-based Supercorp in November 2013 at a time it was ramping up its self-managed super funds business. SuperConcepts said Groeneveld is a pioneer in SMSF technology and played a key role in developing its software solution ...