Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4491 - 4500 of 22787 results for "Funds"

Citi Australia wins custody mandate

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
... Investments has appointed Citi Australia as its provider of custody and fund administration services for its Australian funds management business. The South Korea based fund manager said Citi was selected for its international and local market expertise ...

BetaShares changes custodian for hedge funds

ELIZABETH MCARTHUR  |  FRIDAY, 26 NOV 2021
The custodian of BetaShares' listed hedge funds has changed. The ETF manager announced to the ASX that from November 26 Deutsche Bank AG will no longer serve as the custodian and prime broker for the three funds. Instead, BNP Paribas has been appointed. ...

Retirement Income Covenant hits parliament

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... Other Measures Bill 2021 currently sits before the house, containing the long-awaited covenant that requires superannuation funds provide and regularly review a retirement income strategy for members who are retired or approaching retirement. The Financial ...

IOOF moves forward with rebrand

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
... a common purpose and ambition." IOOF completed its acquisition of MLC Wealth in May this year, effectively doubling its funds under management to about $494 billion. The MLC brands it acquired will retain their name and branding. The brands Bridges ...

Aware Super chief executive named Fund Executive of the Year

CHLOE WALKER  |  THURSDAY, 25 NOV 2021
... 2018. With more than 20 years' experience in financial services, she is a director of the Association of Superannuation Funds of Australia and the Australian Council of Superannuation Investors and a member of the United Nations Global Investors ...

Plaintiff seeks to ring fence Dixon penalty

KARREN VERGARA  |  THURSDAY, 25 NOV 2021
... will continue to work with ASIC and DASS "to favourably resolve the application as quickly as possible and set aside the funds for possible distribution to participants in its class action at a later date".

QSuper faces class action over excess premiums

JAMIE WILLIAMSON  |  THURSDAY, 25 NOV 2021
... have paid under the occupational rates and interest and investment returns that would have otherwise been earned on the funds spent on premiums. "Significantly, most of the fund members impacted are Queensland government employees and their spouses ...

Are managed accounts living up to the hype?

ELIZABETH MCARTHUR  |  THURSDAY, 25 NOV 2021
... example, it's difficult to find data comparing one managed account to another on returns and fees - whereas in managed funds it is simple to find this research from several providers. The panel did agree that the range and access of managed accounts ...

Clearstream wins custody mandate

ANNABELLE DICKSON  |  THURSDAY, 25 NOV 2021
Clearstream Australia has won a mandate to serve as sub-custodian for unlisted managed funds and hedge funds in Australia and New Zealand for a large firm. J.P. Morgan appointed Clearstream to provide local sub-custody services. Clearstream has been ...

Pinnacle acquires private equity firm stake

KARREN VERGARA  |  WEDNESDAY, 24 NOV 2021
... massive $105 million raise. The ASX-listed firm will become part owner of Five V Capital, which currently has $1.1 billion in funds under management, in a bid to increase its exposure to private capital markets. Pinnacle expects to outlay $105 million ...