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Showing 4191 - 4200 of 22787 results for "Funds"

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... State Street and Vanguard owned 14% of the issued capital of the ASX 200, while the value of Aussie equities owned by super funds apparently grew by 50% between September 2012 and March 2021 to $467 billion. Increased concentration of listed equity ownership ...

Adviser numbers close in on 17k

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... between March 17 and the end of 2021. Combining its forces with WTL will amount to more than 600 advisers and $16 billion in funds under advice, the firms announced this week. An early March Rainmaker analysis showed which advice businesses are home ...

ASIC opens CCIV licensing consultation

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
... limited by shares and has a single corporate director. It is effectively an umbrella vehicle that can have one or more sub-funds that offer multiple products and investment strategies within the same structure. ASIC said it recognises the similarities ...

US, UK hike interest rates

ELIZABETH MCARTHUR  |  FRIDAY, 18 MAR 2022
... strategist Kerry Craig said. "This is some departure from the three hikes expected back in December and would push the Fed Funds rate to 2.0% by year end. Moreover, a further four hikes in 2023 could see the Fed Funds rate rise to a level above the Fed's ...

Milford chair to retire

CHLOE WALKER  |  FRIDAY, 18 MAR 2022
... Milford for nearly a decade, and to witness the growth of the business from under $2 billion to nearly $17 billion of client funds under management." Cross paid tribute to Milford's staff who during his time as a director "have maintained an unerring ...

VFMC hires from Cbus

JAMIE WILLIAMSON  |  THURSDAY, 17 MAR 2022
Victorian Funds Management Corporation will soon welcome a new head of portfolio strategy and asset allocation to its investments team. Leanne Taylor is set to join VFMC in the role this month, leaving behind Cbus where she served as head of asset allocation ...

HESTA pushes forward with internalisation

ELIZABETH MCARTHUR  |  THURSDAY, 17 MAR 2022
... asset classes in-house will require hiring investment professionals. In a competitive jobs market, not-for-profit super funds might not be able to offer the largest salaries in what is traditionally a well-paid field. The Aussie equities team at HESTA ...

EQT secures RE, custody mandates

KARREN VERGARA  |  THURSDAY, 17 MAR 2022
... alternatives asset manager and lender handed down a custody and responsible entity mandate to Equity Trustees for one of its funds. Metrics Credit Partners chose EQT to oversee the two functions for its Metrics Direct Income Fund. EQT replaces Sandhurst ...

Frontier appoints head of strategy

KARREN VERGARA  |  THURSDAY, 17 MAR 2022
... clients and its first offshore client based in New Zealand. Tauranga Energy Consumer Trust, with more than NZ$1 billion in funds under management, appointed Frontier last October as its investment consultant. In January of this year, two senior consultants ...

Milford adds to global product suite

JAMIE WILLIAMSON  |  THURSDAY, 17 MAR 2022
Milford Asset Management is bringing three new funds to the Australian market, targeting financial advisers and investors looking for globally diversified solutions. The expanded global offering follows Milford's appointment of a head of global equities ...