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Showing 5261 - 5270 of 22790 results for "Funds"

ABC, ISH arrangement faces scrutiny

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... mounting pressure to investigate the complex arrangements and quantify the financial terms between industry superannuation funds and the ABC, a parliamentary inquiry heard this morning. The prudential regulator, which appeared before the Standing Committee ...

Northern Trust AM's stellar year

KANIKA SOOD  |  MONDAY, 29 MAR 2021
... significant uplift in its inflows as passive giant Vanguard reversed out of the local institutional market, and as superannuation funds looked past passive investing. "There has been a lot of institutional demand on the back of some traditional, passive ...

K2 Asset Management co-founder exits board

KANIKA SOOD  |  MONDAY, 29 MAR 2021
Mark Newman, who co-founded K2 Asset Management, has resigned from its board. Newman co-founded the funds management business in 1999 with Campbell Neal, who stays as the managing director. K2 Asset Management has named its head of research George Boubouras ...

Boutique hires fund services lead

KARREN VERGARA  |  MONDAY, 29 MAR 2021
... was taken over by Perpetual. AMAL provides loan servicing, corporate trust and agency services. It has some $16 billion in funds under administration for Australian and New Zealand clients that range from start-ups to large institutions. AMAL is headed ...

AMP, Ares deal up in the air

ANNABELLE DICKSON  |  MONDAY, 29 MAR 2021
... $0.9 billion of assets which includes seed and sponsor investments, surplus capital and future performance from existing funds. The joint venture aims to accelerate the growth of the AMP Capital private markets, capitalising on Ares' current capabilities ...

Investment bonds a good alternative to Wills: GDG

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... Transferring ownership of an investment bond, for example to children, is also a non-CGT event. Investors can also withdraw their funds at any time. Further, they are treated as non-estate assets (under the Insurance Contracts Act 1984 ) and can be cordoned ...

Multi-boutique adds partner

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
... via buying out non-management Astarte shareholders. PAC has over 12 boutique partners that had $112.8 billion in combined funds under management as at December 2020 end. But about 77% of its FUM is from global equities manager GQG Partners, which swelled ...

QSuper pokes holes in YFYS legislation

KANIKA SOOD  |  FRIDAY, 26 MAR 2021
QSuper says the Your Future, Your Super bill's proposals may result in higher operational costs at superannuation funds and delays in decision-making, alongside less talent for their boards. In its submission to the YFYS consultation, the industry ...

HGL acquires Supervised Investments

ELIZABETH MCARTHUR  |  FRIDAY, 26 MAR 2021
... approved by shareholders at the HGL annual general meeting on 24 February 2021. The acquisition represents HGL's re-entry into funds management. In an announcement to the ASX, HGL said Supervised Investments has over $10 million in funds under management. ...

APRA gains traction on superannuation data project

ANNABELLE DICKSON  |  FRIDAY, 26 MAR 2021
... position to hold trustees to account for their decisions and the outcomes they deliver to all their members." Superannuation funds will be required to submit the majority of the new data from September but APRA is allowing trustees to defer submission ...