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Showing 491 - 500 of 9739 results for "Major"

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
Data analysis reveals the Australian fund managers that generated the most fees last year. The rankings were derived from an analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total ...

Cyberattacks on super funds expose 'critical vulnerability'

ANDREW MCKEAN  |  MONDAY, 7 APR 2025
The spate of cyberattacks targeting major Australian superannuation funds has laid bare a "critical vulnerability" in the sector's defences, according to financial services cybersecurity consultancy firm Software@Scale. The attacks, which have so ...

Platinum funds merger to go ahead

ELIZA BAVIN  |  MONDAY, 7 APR 2025
Platinum Asia Investments (PAI) has rejected a non-binding indicative proposal from the PM Capital Global Opportunities Fund and will move forward with plans to merge with the Platinum Asia Fund Complex ETF (PAXX). PAI's independent board reviewed both ...

Allegro sells Questas stake for $375m

ELIZA BAVIN  |  MONDAY, 7 APR 2025
Allegro Funds has sold its majority stake in Questas Group to Five V Capital for $375 million. Allegro acquired the majority stake in Questas in 2019, investing alongside its founder, Kede Carboni, in a partnership deal. Since then, Questas has grown ...

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
Cybercriminals attempted to breach the systems of several superannuation funds over the weekend, although most attacks were repelled, thousands have been affected. Rest said fewer than 1% of its members have been affected by unauthorised activity on ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
Following US President Donald Trump's "Liberation Day" tariffs, major stock indexes on Wall Street dropped as much as 6%, losing $4.9 trillion (US$3.1 trillion) in market value, marking the largest decline since March 2020. VanEck Asia Pacific chief ...

Sue Brake joins Aware Super committee

ELIZABETH FRY  |  THURSDAY, 3 APR 2025
... Bank. As for Smith, he recently retired from Macquarie after 28 years of leading and growing new businesses and executing major infrastructure, private equity and real estate deals. He most recently served as the local head of Macquarie Infrastructure ...

Pella Global Generations Fund launches in NZ

KARREN VERGARA  |  THURSDAY, 3 APR 2025
... market, leading to broad-based underperformance across multiple sectors." "Meanwhile, regions such as Germany, with its major fiscal stimulus, and China, which is actively boosting domestic consumption, are demonstrating stronger growth and resilience. ...

Fortitude Investment Partners acquires majority stake in SMSF audit firm

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
... "Since 1994, it has been an absolute pleasure to be part of the ASF community and witness its remarkable development into a major force in the SMSF industry. Reflecting on this journey fills me with pride and gratitude for the collective efforts that ...

EQT closes flagship infra fund at $37bn

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
EQT Infrastructure VI raised €21.5 billion (AU$37 billion) in total commitments, exceeding the €20 billion target. The capital raising includes the €21.3 billion in fee-generating assets under management and builds on EQT Value-Add Infrastructure's ...