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Showing 531 - 540 of 1190 results for "NAV"

ETF liquidity disappears: Morningstar

ELIZABETH MCARTHUR  |  MONDAY, 8 FEB 2021
... asks, and the value of those units fell more than 40%. Morningstar measured how often market makers were so uncertain of the NAV of an ETF that they either removed all orders from market or put them so wide that the cost to trade would make it unviable. ...

FSC appoints new board member

ELIZABETH MCARTHUR  |  MONDAY, 1 FEB 2021
The Financial Services Council (FSC) has appointed MLC Wealth acting managing director Andrew Morgan to its board. Morgan joined MLC Wealth in 2019 as chief corporate services officer before becoming acting managing director in November 2020, after ...

GQG sees spectacular FUM growth

KANIKA SOOD  |  FRIDAY, 29 JAN 2021
The global equities boutique swelled its assets by over $45 billion in 2020 amid a year of good performance. GQG Partners, which is a part of ASX-listed multi-boutique Pacific Current Group, now has $86.9 billion in total funds under management, according ...

State Super names new chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 21 JAN 2021
State Super has appointed a new chief investment officer, replacing Gary Gabriel who departed for VFMC last year. Charles Wu has been affirmed in the role, promoted from deputy chief investment officer and general manager, defined contribution investments. ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Franklin Templeton promotes executives

KARREN VERGARA  |  WEDNESDAY, 13 JAN 2021
Franklin Templeton has promoted two of its key executives and announced the launch of a research hub. The US$1.5 trillion asset manager named Stephen Dover, currently Franklin Templeton Investments' head of equities, as the market strategist and ...

Milliman practice lead resigns

KARREN VERGARA  |  TUESDAY, 12 JAN 2021
The long-serving practice lead for Milliman has left after more than 16 years with the firm. Wade Matterson's tenure at the consultancy firm ended in December 2020, which for the most part was spent as practice leader. He joined Milliman in November ...

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
The Arowana Contrarian Value Fund (CVF) is in the process of winding up and delisting from the ASX after a period of underperformance. The listed investment vehicle flagged in April 2020 that it was "engaging in a detailed strategic review" because ...

Future Fund appoints chief investment officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Australia's sovereign wealth fund has confirmed the appointment of a chief investment officer after Raphael Arndt, who previously held the role, was appointed chief executive. Sue Brake has been confirmed as the chief investment officer of the Future ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
A Melbourne boutique has launched a thematic fund that invests in businesses delivering artificial intelligence (AI) solutions. NextGen Funds Management's AI Technology Fund will invest in debt or equity in AI businesses in startup to pre-IPO life stages. ...