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Showing 5291 - 5300 of 22790 results for "Funds"

Perpetual's Garry Laurence starts boutique

KANIKA SOOD  |  MONDAY, 22 MAR 2021
... Laurence spent 13 years at Perpetual and left in July last year, as Perpetual handed over the management of its global equities funds to US-based value manager Barrow Hanley after paying about $465 million to buy a 75% stake in the latter. Laurence received ...

FSC defends retail super funds

ELIZA BAVIN  |  MONDAY, 22 MAR 2021
The Financial Services Council has hit back at claims made by Industry Super Australia that retail super funds rort members out of billions of dollars. ISA made the statement back in December last year when responding to the Morrison government's announcement ...

Dexus establishes JV for Sydney building

ANNABELLE DICKSON  |  MONDAY, 22 MAR 2021
... fund would merge through a stapling transaction. However, Dexus would need agreement from the responsible entities for both funds and 50% of Dexus unit holders and 75% of AMP Capital unit holders must vote in favour of the merger.

Chief economist update: What a difference an Australian year makes

BENJAMIN ONG  |  MONDAY, 22 MAR 2021
... Australian economic outlook overshadowed by bushfires, drought: Reuters poll, while The Australian ran Bushfires: Recovery funds to hit budget surplus. That was until the coronavirus got its first bite at Australia, sending the economy falling to its ...

PYSP reunites $4.3bn of lost super

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
The Protecting Your Super Package legislation which asked super funds to hand over inactive accounts to the Australian Taxation Office (ATO) has returned $4.3 billion to members in about 17 months. Between 1 November 2019 and 28 February 2021, nearly ...

HUB24 hits fund managers with higher fees

KANIKA SOOD  |  FRIDAY, 19 MAR 2021
... charges fund managers a reporting fee if they want to see which financial advisers and/or dealer groups are investing in their funds. For the last six years, HUB24 has charged about $3000 per fund manager for this reporting service. Effective April 1 ...

Active funds quell passive flows

KARREN VERGARA  |  FRIDAY, 19 MAR 2021
Active fund managers still have a stronghold of the funds management landscape over passive strategies, overseeing US$2 out of every US$3, a new report finds. Calastone's latest research found that in Australia, inflows to active funds surged in ...

Super funds to answer to new APRA enforcer

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
APRA has announced the appointment of Margaret Cole as a new member, focused on enforcement of the superannuation sector. Announcing the appointment, Treasurer Josh Frydenberg said Cole has extensive experience in regulatory and legal fields across ...

Raiz expands to SMSF market

ANNABELLE DICKSON  |  FRIDAY, 19 MAR 2021
... meet this need," Malone said. Since the launch of the custom portfolio in January, 7000 clients representing $28 million in funds under management have taken up the offering.

360 Capital to raise $93m

ELIZA BAVIN  |  FRIDAY, 19 MAR 2021
Investment and funds management group 360 Capital has launched an equity raising for up to $93.4 million to support the recapitalisation and restructure of Dealt Group. The investment manager said upon completion of the raise Dealt, formerly known as ...