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Showing 4811 - 4820 of 22787 results for "Funds"

Magellan to move to higher tax rate

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
... was better than the consensus estimates of about $429 million, even as its recent investments reported a loss, margins in funds management business dipped slightly and the tax treatment changed.

Super fund portfolio disclosure consultation reopens

KARREN VERGARA  |  WEDNESDAY, 18 AUG 2021
Senator Jane Hume has opened another consultation on how superannuation funds disclose their portfolio holdings as part of the Your Future, Your Super reforms. This specific piece of the Your Future, Your Super legislation covers how members' holdings ...

Evergreen launches RI index

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
... sustainability-themed investments; and impact investing. The ERIG Index then assigns responsible investment grades to managed funds based on scores from each of the seven categories. The scores can be compared with other funds and asset class averages. ...

Netwealth boosts profit

ANNABELLE DICKSON  |  WEDNESDAY, 18 AUG 2021
The platform recorded net profit gains and a substantial increase in funds under administration as it expects inflows to hit $10 billion in the next financial year. In its full-year results, Netwealth posted a 23.9% increase in net profit to $54.1 million. ...

CBRE Clarion portfolio manager departs

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
... will also assume portfolio manager responsibilities on the A-REIT strategy moving forward...Gavin is leaving CBRE and the funds management industry to purse a new career direction," a UBS spokesperson said. In late 2018, CBRE Clarion Securities took ...

Frontier hires former Perpetual head of infrastructure

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
... recent years it has looked to diversify both its client base and offering, as its traditional clientele of superannuation funds consolidate and develop deeper in-house capabilities. It has sought a new set of clients, including other Asia Pacific institutional ...

Magellan profits dip

KANIKA SOOD  |  TUESDAY, 17 AUG 2021
... fee revenue slid 63% and recent investments drew a loss of $41.8 million. MFG ended FY21 with $103.7 billion in average funds under management, up 9% from FY20. In its funds management business, performance fee revenue was $30.1 million (down from $80 ...

Aware Super hires member growth executive

KARREN VERGARA  |  MONDAY, 16 AUG 2021
... the range of products, guidance, advice and education services that we can provide." Aware has grown to $150 billion in funds under management in the last year. In late July, Aware and VISSF confirmed they will merge before the end of the year. VISSF ...

Best-performing global equities funds for FY21

KANIKA SOOD  |  MONDAY, 16 AUG 2021
Locally available managed funds investing in large cap global shares tallied 28.6% in median returns for the year ending June, but funds from Forager and Loftus Peak reported big gains, according to Rainmaker research. The median outperformance in the ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... open-ended listed structures such as ETFs which don't trade at the premiums or discounts seen in closed-ended listed funds. Lanyon said it has formally committed to reinvesting 100% of the after-tax value of management and performance fees to purchase ...