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Showing 21 - 30 of 282 results for "Mutual fund"

J.P. Morgan lists fixed income ETFs

CHLOE WALKER  |  FRIDAY, 8 DEC 2023
... global asset manager has brought to the local market, leveraging the same strategy as the JPMorgan Global Bond Fund (mutual fund). With inflation starting to cool and growing signs that global central banks are approaching the end of their hiking cycles ...

US regulator fines DWS US$25m for greenwashing, AML offences

RACHEL ALEMBAKIS  |  TUESDAY, 26 SEP 2023
... prevent money laundering and terrorism financing. I congratulate the Asset Management Unit for bringing this important mutual fund AML enforcement action." Without admitting or denying the SEC's findings, DWS agreed to a cease-and-desist order and a ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... is also expected to become more concentrated, with the top 10 asset managers projected to control round half of all mutual fund assets globally by 2027. This concentration could intensify competition and put further pressure on firms to differentiate ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... redemptions, they remain 16% below their January peak despite elevated market volatility," Blackstone said. "BREIT is not a mutual fund and has never gated. It is a semi-liquid product and is working exactly as planned."

Bloomberg pays US$5m in SEC charges

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
The finance juggernaut has agreed to fork out US$5 million in penalties to the Securities and Exchange Commission (SEC) following charges related to its fixed income valuations. The SEC alleged that Bloomberg Finance LP misled disclosures relating to ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
Goldman Sachs Asset Management is paying US$4 million to settle charges brought by the US regulator over failures involving ESG research used to select investments. It comes as the US government reverses limitations placed on some pension funds in relation ...

BlackRock expands proxy voting to retail investors

ANDREW MCKEAN  |  FRIDAY, 4 NOV 2022
BlackRock will allow individual investors in select mutual funds in the UK to engage in proxy voting via its technology platform Voting Choice. BlackRock chair and chief executive Larry Fink said it's clear investors don't want to sit on the ...

BNY Mellon subsidiary to pay US$1.5m over ESG misstatements

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
BNY Mellon Investment Adviser will pay US$1.5 million to settle charges brought by the Securities and Exchange Commission (SEC) for misstatements and omissions about ESG considerations in making investment decisions for certain mutual funds that it ...

Allianz subsidiary, former portfolio managers charged over massive fraud

JAMIE WILLIAMSON  |  WEDNESDAY, 18 MAY 2022
Allianz Global Investors and three of its former portfolio managers have been charged by the US regulator over a multi-billion-dollar securities fraud sold to pension funds that went on for more than four years. The Securities and Exchange Commission ...

Atrium adds national sales manager

ELIZABETH FRY  |  WEDNESDAY, 11 MAY 2022
Justin Brooks has been tapped for the job of national sales manager at Atrium Investment Management. Brooks joins from Investors Mutual, where he served as state manager for Victoria, Tasmania, and Western Australia for more than seven years. In this ...