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Showing 31 - 40 of 185 results for "International Fund"

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
State Street was handed a $1.25 million fine by AUSTRAC for allegedly breaching 99 times its obligation to report international transfers to the agency under Anti-Money Laundering and Counter-Terrorism Financing laws. Under the law (section 45 (2) of ...

Iress appointed mandate

ANNABELLE DICKSON  |  WEDNESDAY, 16 SEP 2020
Managed fund provider Lincoln Indicators has appointed financial software company Iress to provide technical infrastructure to support its expansion into international funds. Lincoln Indicators expanded its offering and launched a US growth fund in ...

Funds services firm expands offerings

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
... Company and Link. "We expect continued significant investment into Australian real assets by both local and international fund managers, institutional investors and superannuation and pension funds in the years ahead," Cannane said. Intertrust's ...

No bonus again for Platinum's Clifford

KANIKA SOOD  |  THURSDAY, 27 AUG 2020
... a somewhat challenging year for Platinum Asset Management with investment returns for our flagship Platinum International Fund overshadowing some strong investment performance in other areas, most notably our Asia ex-Japan and International Health Care ...

Magellan readies lower-cost funds

KANIKA SOOD  |  WEDNESDAY, 12 AUG 2020
... ASX as the primary listing venue) by the end of the year. The inaugural set of three includes the MFG Core International Fund, MFG Core ESG Fund and the MFG Core Infrastructure Fund - all for 50bps a year, which is almost half of what Magellan charges. ...

38 staff punished over AUSTRAC scandal: Westpac

ELIZA BAVIN  |  THURSDAY, 4 JUN 2020
Westpac has confirmed 38 staff copped a range of remuneration consequences as a result of the bank's investigations into the AUSTRAC scandal. In a statement, the bank confirmed it should have recognised the faults in its systems earlier. "The report ...

Westpac admits to failures

ELIZABETH MCARTHUR  |  MONDAY, 18 MAY 2020
... a statement. The defence filed makes a series of admissions of failures. These include the non-reporting of international fund transfer instructions (IFTIs) and failure to trace associated information. IFTIs must be reported to AUSTRAC within 10 days ...

Platinum funds downgraded at Morningstar

KANIKA SOOD  |  WEDNESDAY, 29 APR 2020
... Management were downgraded to bronze at Morningstar yesterday. The funds downgraded are the $8.5 billion Platinum International Fund and its P class, and the $39 million Platinum Global Fund. The biggest, the Platinum International Fund is still backed ...

A decade in the dust

ALLY SELBY  |  THURSDAY, 16 APR 2020
... equities. Two areas I think will end-up as winners are China and ESG." Isles agrees, revealing his firm's international fund has more net exposure to China than any other country. "This includes parcel delivery company, ZTO, diesel engine maker Weichai ...

The impact of COVID-19 on emerging markets

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... "China has been a great investment opportunity for several years now and remains so," Isles said. The firm's international fund earned 18% per annum from its Chinese investments, he said. "This is well ahead of what global markets delivered, and ...