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Showing 4401 - 4410 of 22787 results for "Funds"

Federal Court fines Mayfair $30m

CHLOE WALKER  |  THURSDAY, 23 DEC 2021
... 101), M101 Nominees and M101 Holdings. In April 2021, the Federal Court restrained Mawhinney from advertising and raising funds through financial products for 20 years. Mayfair 101 Group products were advertised in newspapers, on websites and via Google ...

Future Super acquires Aon's super business

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
... for the fund are provided by Equity Trustees. Future Super said the acquisition puts it on track to reach $10 billion in funds under administration, management, and advice in 2022 and $30 billion by 2030. The acquisition is due to complete in February ...

Consultation opens for CCIV draft bill

KARREN VERGARA  |  WEDNESDAY, 22 DEC 2021
... other rules for managing share capital. The regime aims to increase the competitiveness of Australia's $2.5 trillion managed funds industry internationally by attracting more offshore investment. To be more recognisable to offshore investors and fund ...

Charter Hall acquires 50% of Paradice

ELIZABETH MCARTHUR  |  WEDNESDAY, 22 DEC 2021
... confidential. The privately owned Paradice was established in 1999 by stock picker David Paradice. It has more than $12 billion in funds under management, with $5.6 billion of that it in Australian large cap fund and $5.5 billion in its global small ...

Morningstar cuts fair value estimate for Magellan

ELIZABETH MCARTHUR  |  TUESDAY, 21 DEC 2021
... institutional base management fees to below 1.22% (below the peer median) and below 0.32% (below standard multi manager funds) by around fiscal 2024," Ler said. "Our fair value uncertainty rating raises to high from medium, as our scenario analysis incorporates ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... months to ensure a fair price was achieved, Nest said. The companies are now excluded from UBS AM's suite of Climate Aware funds and its actively managed equity and fixed income sustainability funds. Nest will only consider investing in the companies ...

Proxy advice reforms force transparency, AFS licensing

KARREN VERGARA  |  MONDAY, 20 DEC 2021
Treasurer Josh Frydenberg announced reforms to proxy advice which includes forcing superannuation funds to disclose detailed voting records. Super funds exercising voting rights on behalf of their members will need to be more transparent with their ...

Magellan loses significant mandate

ELIZABETH MCARTHUR  |  MONDAY, 20 DEC 2021
... terminated on December 17. St James' Place's mandate was a separate account, not an investment in any of Magellan's retail funds. Magellan said the mandate "represents approximately 12% of the group's current annual revenues and is anticipated to have ...

AMP Capital snaps up malls in $760m deal

CHLOE WALKER  |  MONDAY, 20 DEC 2021
... of Australia's leading property investors and developers, and UniSuper, one of Australia's leading superannuation funds, via a $2.2 billion investment in Pacific Fair and Macquarie Centre. It was the largest retail transaction in Australian history ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... "which are critical to the successful delivery of positive long term outcomes for members", Tighe said. A merger of the two funds would see Cbus' funds under management rise to about $74 billion.