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| | | While the appointment of Sophia Rahmani as managing director is an "encouraging step forward," Morningstar's view of the fund manager won't be changing any time soon, it says. The research house indicated that it would require more time to rebuild trust ... |
| | | | VanEck will pay US$1.75 million ($2.7m) to settle a case brought by the Securities and Exchange Commission, which alleged the investment manager failed to disclose the involvement of an influencer in the launch of an ETF in 2021. In the US, VanEck Associates ... |
| | | | GQG Partners reported US$10 billion of net flows for the full year ending 2023, while announcing plans for an office in Abu Dhabi. The global boutique asset manager concluded the year with US$120.6 billion in funds under management (FUM), reflective ... |
| | | | ... which is delivering such services. Perpetual has already agreed in writing to take on the funds, it said. "BAM has formed the view that the fund[s] will be well supported by an independent responsible entity which has more resources than BAM and which ... |
| | | | ... Currently Maple-Brown Abbott chief executive, Rahmani has been named managing director of Magellan Asset Management with a view to transitioning to chief executive of the group within 12 months. Her appointment is effective from May, and she will receive ... |
| | | | ASIC has had its first court win in relation to cryptocurrency, with fintech Block Earner found to have offered a financial product to retail investors without a licence. However, it was a mixed outcome for the regulator, with another allegation quashed. ... |
| | | | ... allocation of 64% to active and 36% to passive. With expectations of sustained high interest rates, 68% of fund selectors now view the market as favouring active management. Amid uncertainty, 75% consider active investments crucial for achieving alpha ... |
| | | | ... pairing up the presenters so that we can offer a different lens to the delegates. So, it's not just strictly a legal view or an accounting view. We've tried in most of the sessions to incorporate an audit perspective because we recognise that ... |
| | | | PGIM has finally filled the institutional client-facing position left vacant by Murray Brewer last August. The US$1.2 trillion asset management business of Prudential Financial has chosen Chris Briant to be the new head of its institutional client group ... |
| | | | ... not taken lightly, and having considered a variety of factors, including a lack of investor demand, Schroders formed the view that closure of the fund is in the best interests of investors." The fund, which invested in large cap companies in Asia Pacific ... |
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