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Showing 461 - 470 of 1836 results for "Managed Fund"

ASIC puts investment managers on notice over valuations

ANNABELLE DICKSON  |  TUESDAY, 11 AUG 2020
... entities during this period of market disruption. "In this context, it is more important than ever that valuations of managed fund assets are regular, robust and reasonable," ASIC said. "ASIC may take regulatory action against responsible entities that ...

Macquarie to transfer legacy pension product

KANIKA SOOD  |  MONDAY, 10 AUG 2020
Macquarie will transition pension members in its legacy SuperOptions product to a wrap style pension product, in a bid to lower administration fees and expand the investment offering. Macquarie closed the SuperOptions product to new members in June ...

Magellan to restructure retail global equities funds

KANIKA SOOD  |  MONDAY, 3 AUG 2020
... needs unitholder approval from investors in all three funds. These are the $11.6 Magellan Global Fund (the unlisted managed fund), the $1.7 billion Magellan Global Equities Fund (active ETF, MGE) and the $2.3 billion Magellan Global Trust (listed investment ...

Zenith names new general manager

ALLY SELBY  |  FRIDAY, 31 JUL 2020
... investors," he said. "With Chant West's strong focus on superannuation fund research and Zenith's strong focus on managed fund research, we are confident that together we can deliver superior services to our wide range of clients." Prior to his tenure ...

Pinnacle puts zero-fee ETF experiment to bed

KANIKA SOOD  |  THURSDAY, 30 JUL 2020
... decided to wind up the fund after struggling to attract investors. Pinnacle's listed the aShares Dynamic Cash Fund (Managed Fund) on the ASX in late August, 2019. It was managed by Omega Global Investors. Listed under the ticker Z3RO, it was the ...

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... assets, after starting in December 2017. Top holdings included CBA, CSL, Wesfarmers and ANZ. The decision to shut the managed fund, which investors were informed about on July 16, was expected to result in an interim distribution by July 24 and a final ...

Boutique appoints chief operating officer

KANIKA SOOD  |  MONDAY, 27 JUL 2020
A Melbourne boutique has hired a new chief operating officer, who has previously worked in similar roles at Perennial and Prodigy. Lewis Bearman is joining Blue Orbit Asset Management in the newly-created role effective August 4. Bearman was most recently ...

NULIS calls for clearer regulatory definitions

ELIZA BAVIN  |  FRIDAY, 24 JUL 2020
NULIS said it intends to explore opportunities to enhance its intra-fund advice offering, but requires more concise regulatory definitions before it can proceed. In a written response submitted to the House of Representatives Standing Committee on Economics ...

New global funds added to HUB24, Netwealth

ELIZA BAVIN  |  THURSDAY, 23 JUL 2020
Neuberger Berman has had two of its global strategy funds added to both HUB24 and Netwealth platforms. The Neuberger Berman Emerging Markets Equity Select Fund and Neuberger Berman Strategic Income Fund were launched in Australia 12 months ago, with ...

Australian Ethical posts record results

ALLY SELBY  |  WEDNESDAY, 15 JUL 2020
... wealth manager saw a huge spike in client numbers in January, pulling in $112 million in net inflows for its super and managed fund offerings. In super alone, the manager saw $80 million in net inflows for the month. For the March quarter, Australian ...