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Showing 471 - 480 of 956 results for "PIP"

Global asset manager moves into healthcare

KRISTI CHENG  |  FRIDAY, 6 SEP 2019
An international asset manager has bought two hospitals in Queensland, marking its entrance into the Australian healthcare sector. AXA Investment Managers - Real Assets has entered the Australian healthcare sector with an investment on behalf of clients ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
There were no back-patting and self-congratulatory remarks this time from Australia's Prime Minister and Treasurer for the Australian National Accounts show that it wasn't a "wonderful set of numbers". Instead, with economic growth slowing to ...

Boutique to launch flagship fund

JAMIE WILLIAMSON  |  TUESDAY, 3 SEP 2019
A new boutique small caps manager is set to launch its first fund this month. Melbourne-based Blue Orbit Asset Management will launch the Blue Orbit Australian Small Caps Systematic Alpha Fund to institutional investors this month. The boutique, which ...

Powerwrap posts strong first result

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
Powerwrap's first full year results as a listed company have exceeded the forecasts listed in its prospectus. The high net-worth platform provider excelled in a number of areas in its first full year results since listing, beating its prospectus forecasts ...

Aussie equities manager expands team

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
A Melbourne boutique expanded its senior ranks with the appointment of a new head of distribution and investor relations. Collins Street Asset Management has appointed Rob Hay to the role, responsible for engaging with the fund's existing investors ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
Magellan Financial Group reported a 78% jump in its profit for the financial year ending June and announced a $275 million institutional raise for MFG shares this morning. Magellan's stable of well-performing equities funds are now managing an average ...

AustralianSuper eyes $1.48bn in Indian infrastructure

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
Australia's largest superannuation fund has signed an agreement with the Indian sovereign wealth fund to invest up to US $1 billion in infrastructure opportunities and is taking a shareholding in the fund manager. AustralianSuper made an initial ...

Pinnacle profits up 32%

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
Pinnacle Investment Management profits jumped 32% to the year ending June with Firetrail accounting for most of the net institutional inflows across its 13 affiliates. The ASX-listed business, which takes stakes in boutique investment firms and offers ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
A Sydney-based fund is raising $300 million from instos, family offices and retail investors to further its investments in private equity, renewable energy and real estate. Federation Asset Management chair Greg Bundy, who was previously Merrill Lynch ...

IFM Investors reports $114m in FY19 profits

KANIKA SOOD  |  MONDAY, 29 JUL 2019
IFM Investors wants to invest in its business and seek out more opportunities in Australia in the year ahead, as it posts $22 billion in net flows and $114 million in pre-tax net profit for FY19. The funds management powerhouse owned by industry superannuation ...