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Showing 471 - 480 of 4533 results for "Reach"

High-profile Tribeca manager sets up shop

KARREN VERGARA  |  MONDAY, 14 OCT 2024
Tribeca Investment Partners portfolio manager Jun Bei Liu is taking her top-performing $1.5 billion long-short equity fund to set up a new shop. Liu is effectively taking the Tribeca Alpha Plus Fund in a management buyout with the "blessings" of Tribeca ...

Australian investment market moves onward and upward

ANDREW MCKEAN  |  THURSDAY, 10 OCT 2024
... funds, predominantly self-managed super funds, saw growth of 7.5% Superannuation FUM increased 8.9% through the year to reach $3.8 trillion, in line with the growth in overall funds under management. Regarding wholesale market segment growth, ETFs grew ...

Netwealth FUA soars, names new chief financial officer

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... stock market and economic news, and personal budgeting tools. Netwealth said it will work with the Flux team to extend the reach of Netwealth products and services to advisers and licensees looking to deliver new services to younger clients. "We are ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
The amount of money held in managed accounts surpassed $205 billion in the first half of the year. According to the FUM Census of Managed Accounts, compiled by the Institute of Managed Account Professionals (IMAP) and Milliman, in the six months to ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... transparency, and security lacking in private assets until now - as well as direct access to an asset class historically out of reach for non-institutional investors," it said. The market won't operate continuously but will have liquidity events ...

VFMC fills new head of asset classes role

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
Victorian Funds Management Corporation (VFMC) has tapped an internal candidate to step into the newly minted role of head of asset classes. Mark Aarons has been chosen to take on the role. Aarons joined VFMC in the role of head of investment risk in ...

ANZ, OnePath settle $50m class action

ELIZA BAVIN  |  FRIDAY, 4 OCT 2024
ANZ and OnePath superannuation customers may be entitled to get their super back after Slater and Gordon secured a $50 million class action settlement. The no-fault settlement was reached with ANZ and its former subsidiaries, OnePath Custodians (OPC) ...

Trust in advisers reaches new high: Survey

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
Trust in financial advisers is at an all-time high, according to a new survey from the Financial Advice Association Australia (FAAA), which found their value-add has been particularly critical in the cost-of-living crisis. The Value of Advice Index ...

Fund manager splashes $240m on AZ NGA

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... Advisory (AZ NGA) and will become its largest shareholder. Oaktree Capital Management will help AZ NGA further expand its reach as its growth and succession partner, taking over the reins from Azimut as the major shareholder. AZ NGA chief executive Paul ...

eToro acquires Spaceship, sets sights on super sector

JAMIE WILLIAMSON  |  FRIDAY, 27 SEP 2024
... deeply aligned with eToro's goal of making investing accessible for everyone, and this partnership will enable us to reach new heights as we expand our product offering to customers, while continuing to provide top-tier value. Moreover, it offers ...