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Showing 451 - 460 of 5173 results for "Fund manager"

Philip Lowe joins LIC board

KARREN VERGARA  |  TUESDAY, 12 MAR 2024
Philip Lowe announced his first move since leaving the Reserve Bank of Australia (RBA), joining the board of listed investment company Future Generation Australia (ASX: FGX). Lowe takes over from Mike Baird effective today, who will remain on the FGX ...

Experts issue warning over AI washing

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
Artificial intelligence (AI) is perhaps the most transformative technology since the advent of the internet, poised to herald an unprecedented digital economic revolution. To appear at the precipice of the movement, some are employing deceptive tactics ...

Pendal shutters costly equity fund

KARREN VERGARA  |  MONDAY, 11 MAR 2024
... expensive to operate, 11 years on from its launch. The Pendal Geared Imputation Fund will cease to exist on March 26, the fund manager told investors, as its "small size means that it has high running costs and cannot be managed in a cost-efficient way". ...

ASX-listed companies flock to private markets

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
The latest ASX monthly activity report shows a trend of more delistings than new market entries, indicative of a shift towards private markets. The total ASX-listed companies dropped from 2289 in February last year to 2183 in February 2024, a near 1% ...

Female fund managers boast 1.2% alpha

KARREN VERGARA  |  FRIDAY, 8 MAR 2024
Female fund managers generate 1.2% alpha on average compared to the broader population, a new analysis from Morningstar shows. The assessment of 62 portfolio management teams led by women were able to achieve 0.89% in alpha annualised over five years ...

GQG reports US$10.5bn increase in FUM

ANDREW MCKEAN  |  THURSDAY, 7 MAR 2024
GQG Partners has reported a US$10.5 billion increase in funds under management (FUM) from January 31 to February 29. The boutique fund manager's international equity strategy, its largest, moved from US$49.2 billion to $52.9 billion. Its emerging ...

UniSuper, ISPT acquire commercial property at Western Sydney Airport

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
... Park, situated near the entrance of the new Western Sydney International Airport. The industry fund and property fund manager plan to develop Burra Park in phases, aiming to create a leading manufacturing, warehouse, and logistics hub exceeding 400,000 ...

Growthpoint recruits new chief executive

ANDREW MCKEAN  |  WEDNESDAY, 6 MAR 2024
... funds management platform's asset under management from $4 billion to more than $21 billion. Before that, Lees was a fund manager for the Centuria Industrial REIT (ASX: CIP), where he was involved in the REIT's growth into Australia's largest pure-play ...

Advisers show growing interest in ASX-listed Bitcoin ETF

ANDREW MCKEAN  |  TUESDAY, 5 MAR 2024
... that naturally can take many months. In addition, the ASX is placing a heightened focus on the crypto custodian and fund manager expertise, particularly around governance arrangements and due diligence conducted on the appointment process, and issuers ...

Arena welcomes chief investment officer

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
... which we anticipate new opportunities to emerge," de Vos said. According to Arena's latest half-year results, the fund manager saw a 3% rise in its net operating profit, driven by like-for-like contracted rental increases averaging 5.4%. However, it ...