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| | | HESTA is recommending super funds adopt a new process to make the splitting of assets easier following the results of a successful pilot program. HESTA is the first Australian super fund to adopt the Simpler Super Splitting initiative, which uses a ... |
| | | | ... small-cap stock picker and will be a fantastic addition to our team." Prime Value Asset Management's small and micro-cap funds recently surpassed $200 million in funds under management. Chief executive and founder Yak Yong Quek said: "Demand for ... |
| | | | ... the Australian board and have high-level responsibility for sales and client servicing across sovereign entities, pension funds, banks, insurers, asset managers, asset consultants, family offices and financial advice practices," BlackRock said.. Across ... |
| | | | ... infrastructure; his new duties will bring together clients with specialist growth needs in areas such as superannuation and managed funds. Iress chief commercial officer Simon New said: "We would like to thank Kirsty and Tizzy for their considerable ... |
| | | | ... announced a full franked half-year dividend of 7.5 cents per share, an increase of 67% on the first half of 2021. Total funds under administration for HUB24 grew to $68.3 billion, with $50 billion of that on the platform. It is significant platform FUA ... |
| | | | Two of the world's largest pension funds could be forced to divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into ... |
| | | | ... self-employer superannuation and grow to 60,000 members and over $2 billion in total assets by 2026. A barrage of Millennial super funds launched around the same time as GigSuper. Rainmaker Information estimated that in 2019, this sector controlled $130 ... |
| | | | ... in revenue in its half-year results, up 14% year on year, while after-tax profit of $1.5 million grew by 17%. Collective funds under management for the accounting and business advisory, wealth management, SMSF and capital services divisions reached $1.1 ... |
| | | | ... could sit higher for the younger cohorts that have a longer investment time horizon, the analysis indicated. "Whether super funds' default option is a Balanced fund or a lifecycle strategy, introducing or increasing private debt in the strategic asset ... |
| | | | ... interim reporting period, up 24% year on year. Excluding the St. James's mandate, this comes down to $216 million. Total funds under management of $95.5 billion sank 16% compared to the prior corresponding period. About 68% of this comes from institutional ... |
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