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Showing 4761 - 4770 of 21914 results for "Fund."

Mainstream revenue up 18%

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
ASX-listed Mainstream reported $65.6 million in revenue for FY21, up 18% from the previous financial year. The firm said all revenue growth was organic and driven by demand in Australia, Asia and the United States. Operating EBITDA rose 27% to $20.4 ...

Retail funds to benefit from YFYS test changes

KANIKA SOOD  |  FRIDAY, 27 AUG 2021
... will see the biggest improvement from the changes are the $425 million corporate fund Goldman Sachs & JBWere Superannuation Fund (46bps improvement), the $17 billion AMP MySuper No. 3 (20bps) and Australian Ethical's $1.9 billion balanced fund (17bps). ...

Record FUM growth at Australian Ethical

ELIZABETH MCARTHUR  |  THURSDAY, 26 AUG 2021
Fund manager and super fund Australian Ethical enjoyed record annual growth in its funds under management and announced a dividend in its results. With net inflows of $1.03 billion during the year driving FUM up to $6.07 billion, the company announced ...

Future Fund boasts 22.2% returns

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
The Future Fund delivered its strongest performance to date, turning in 22.2% per annum at the end of June 2021. In releasing the financial year results this morning, the sovereign wealth fund also saw assets under management reach $196.8 billion. Chief ...

AustralianSuper appoints head of equities

KARREN VERGARA  |  THURSDAY, 26 AUG 2021
AustralianSuper has appointed a new head of equities, naming an executive who was recently promoted at the $225 billion super fund. Justin Pascoe, who's been serving as deputy head of equities since September 2020, has become the new equities lead. ...

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund. The two signed a Memorandum of Understanding in August 2020, after years of informal discussions ...

Dealer group awards mandate

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
A dealer group has moved a large global equities mandate to a boutique fund manager. Easton Wealth licensee GPS has the global equities mandate for its CARE portfolios to Insync Funds Management. Insync also said it recently secured support from one ...

Adviser support services a boon for Sequoia

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
Sequoia Financial Group continues to benefit from the highly competitive sector of financial adviser support services, which doubled its revenues in the last two years. Sequoia's wealth division, which provides licensee services to over 400 authorised ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ...

Walsh Capital signs four fund managers

KANIKA SOOD  |  MONDAY, 23 AUG 2021
Former Future Generation chief executive Louise Walsh, who started her own fund marketing business last month, has signed four new clients. Walsh Capital will raise funds and manage investor engagement for five new funds: Contact Asset Management's ...