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Showing 511 - 520 of 3121 results for "Investment Manager"

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
... which it accrued in the second half of the fiscal year following returns from 13 out of its 24 strategies. The investment manager, which reported $8.2 billion in FUM, said it earned approximately $58 a million over the full financial year with $54.8 ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
Having overhauled the global investment manager's local business, Brett Jollie has finally confirmed his departure calling it a planned exit. "It is something I've been working towards since last December when we announced the restructure of ...

Capital Group unveils multi-sector income fund

CHLOE WALKER  |  WEDNESDAY, 5 JUL 2023
The US investment manager has launched its Capital Group Multi-Sector Income Fund (MSI) to the local market. MSI combines investment-grade corporate bonds, high-yield corporate bonds, emerging market bonds and securitised credit in a single portfolio. ...

Family office manager names first chief executive

CHLOE WALKER  |  WEDNESDAY, 28 JUN 2023
... its service offerings to other parts of the financial services market. "To date, Alvia has primarily been an investment manager for family offices," Robertson told Financial Standard. "But our plans for strategic growth are to expand that service offering ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... disclose the transaction value. As of July 1, the business will be known as abrdn Australia. abrdn will remain investment manager of its eight international funds, but through a new entity known as abrdn Oceania. "There will be no change in investment ...

CEFC backs agriculture investment platform

RACHEL ALEMBAKIS  |  WEDNESDAY, 21 JUN 2023
The Clean Energy Finance Corporation (CEFC) and a Canadian state investment manager have co-invested in a platform aimed at assisting Australian farmers at decarbonising while boosting farm production. CDPQ (Caisse de dépôt et placement du Québec) ...

VanEck reduces management fees on ETFs

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
The investment manager will drop fees to 0.20% for its VanEck FTSE Global Infrastructure Hedged ETF (IFRA) and VanEck FTSE International Property Hedged ETF (REIT). IFRA is currently priced at 0.52% p.a. and REIT is currently 0.43% p.a. but will be ...

Australian Ethical selects new administrator

ANDREW MCKEAN  |  THURSDAY, 15 JUN 2023
... returns. Between March and May 2023, the Australian Ethical logged a positive net flow of $90 million. The investment manager saw $110 million in superannuation inflows, while experiencing a $20 million outflow from its managed funds product. During ...

Sequoia backs budding investment manager

CASSANDRA BALDINI  |  TUESDAY, 13 JUN 2023
The listed wealth manager has acquired a stake in a recently launched investment manager and will support the roll-out of three new funds. Sequoia has bought 20% of Euree Asset Management for a cash consideration of $500,000. Euree was formed at the ...

Director banned for eight years

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
The director of investment manager Foxi Capital has been banned from providing financial services for eight years after it was found he lacked relevant qualifications and experience, and misled investors. Foxi Capital director and Responsible Entity ...