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Showing 4701 - 4710 of 22787 results for "Funds"

Verve Super taps investors for $2.6m raise

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... reinvesting all profits over the next five years into servicing and growing its membership base. It currently has $180 million in funds under management, on behalf of 5000 members. The fund said this implies an annualised growth rate of 170% and 150% ...

VFMC appoints new chief executive

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... $64 billion fund manager has named a new chief executive, as Lisa Gray retires after six years in the role. The Victorian Funds Management Corporation will be headed by Kate Galvin as the next chief executive from October 11. Galvin has an 18 year-long ...

Whitehelm Capital sells to German manager

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... the sale price is in cash. Challenger expects to record a roughly $44 million gain on sale while derecognise $5 billion of funds under management. CGF said its funds management business's earnings expectations remain unchanged after the sale. For up ...

HESTA to support young women in financial services

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
... Impact chief executive Kate Bushell added: "We want to see more girls explore underestimated careers and industries such as funds management and superannuation." "This collaboration with HESTA is so crucial because we need more women in decision-making ...

InvestSMART launches installment investment product

KANIKA SOOD  |  MONDAY, 13 SEP 2021
... with no exit fees or the remaining $20 monthly fees. The ETF portfolios on offer are InvestSMART's four diversified funds (high growth to conservative) which hold six to eight ETFs where yearly fees are capped at $451 p.a. InvestSMART is promising ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
An overwhelming number of financial advisers are recommending exchange-traded funds to clients in place of active management strategies, according to a VanEck survey. After canvassing 547 financial advisers, VanEck's 2021 Australian Smart Beta Survey ...

Investors demand credible climate information

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... half are informed by news or company websites (37%). "We are all familiar with big institutional investors, superannuation funds and major banks calling for greater disclosures and management of climate risk, but what this survey shows is it is equally ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... Economics, which discussed the implications of capital concentration and common ownership, particularly the role superannuation funds and fund managers play in this area, found that ASIC's role has been minimal. In discussing the issue of proxy voting ...

Vanguard Australia appoints new managing director

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... divisional chief financial officer of the US retail investor group at Vanguard, which looks after over US$2 trillion in funds under management has over seven million investors. As the international business chief financial officer, Shrimski is currently ...

Strong year for farmland assets

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... producer Auscott Limited to Australian Food & Fibre, which is backed by a Canadian pension fund. Macquarie Agricultural Funds Management paid $350 million for the listed citrus and berry producer Vitalharvest Freehold Trust Limited, and Costa Group paid ...