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Showing 4441 - 4450 of 21914 results for "Fund."

Fund manager eyes $735m listing

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
A $4.2 billion real estate fund manager is set to list on the ASX with an indicative market capitalisation of $735 million. Qualitas Group is hoping to raise $335 million based on an offer price of $2.50 per share, with some 134 million of shares issued ...

Schroders launches Schroder Australian Equity Long Short Fund

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
Schroders has launched the Schroder Australian Equity Long Short Fund to external investors after successfully seeding the fund's Professional Class in late 2020. The fund aims to deliver returns for investors through long and short investments in growth ...

UniSuper, Australian Catholic Super exploring merger

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 DEC 2021
... signed a Memorandum of Understanding to explore a potential merger, which would see Australian Catholic Super and Retirement Fund (ACSRF) members folded into UniSuper. In August, ACSRF shelved plans to merge with NGS Super after one year of discussions. ...

Retirees require 3.3% drawdown: Research

KARREN VERGARA  |  WEDNESDAY, 1 DEC 2021
New Morningstar research recommends retirees should drop the 4% withdrawal rate to 3.3% for a balanced portfolio. Using the 3.3% rate over a 30-year time horizon, Morningstar found that newly minted retirees cannot safely withdraw 4% of their initial ...

Industry fund chief steps down, successor named

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
The longstanding chief executive of $26 billion industry superannuation fund Spirit Super will step down in the new year, with a QSuper executive to take up the role. Spirit Super's Leeanne Turner will step down as chief executive in early 2022 ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
La Trobe Financial has been fined for misleading investors in its $5 billion fund. The Federal Court has ordered La Trobe Financial Asset Management to pay a $750,000 penalty for false and misleading marketing of the La Trobe Australian Credit Fund  ...

GSFM hires new product manager

KARREN VERGARA  |  MONDAY, 29 NOV 2021
GSFM has created a new product manager role and appointed a former senior staffer from BT Financial Group to the post. Natasja Liddell was hired to help meet the multi-affiliate fund manager's growing investor demand. Based in Sydney, she reports ...

Pendal expands Northern Trust mandate

KARREN VERGARA  |  MONDAY, 29 NOV 2021
Pendal Group has expanded its back-office mandate with Northern Trust to service its Australia, UK and Ireland businesses. The additional services include global custody, fund accounting, financial and regulatory reporting, collateral management, and ...

Default super delivers best performance in 34 years

KARREN VERGARA  |  MONDAY, 29 NOV 2021
New research reveals that default workplace superannuation funds achieved the best average returns of 18.8% in the last 34 years. Rainmaker reviewed more than 3200 investment options in its 2021 Super fund performance study, which are offered by 238 ...

Bell Asset Management launches new fund

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
Leaning into the ever-growing interest in sustainable investing, Bell Asset Management has launched a new fund. The Bell Global Sustainable Fund is an ESG fund for Australian retail and wholesale investors. The fund is an actively managed, concentrated ...