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Showing 541 - 550 of 5173 results for "Fund Manager"

Pacific Current Group buys into fund manager

CHLOE WALKER  |  WEDNESDAY, 20 SEP 2023
Pacific Current Group (PAC) has purchased a stake in LA-based private credit and structured equity investment management firm Avante Capital Partners (Avante). The 24.9% equity interest in Avante cost PAC about $61 million, with $23 million to be paid ...

Gender parity in funds management stalls

ANDREW MCKEAN  |  WEDNESDAY, 20 SEP 2023
... are experiencing setbacks; abrdn's female representation declined by 3% year-over-year. This is in part due to the fund manager's decision to transfer its Australian equities capabilities to SG Hiscock, which resulted in the departures of Michelle Lopez ...

Financial planning veteran launches ideas exchange

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
TownsendCobain Private Wealth partner Tim Townsend has launched a forum-based initiative, WealthLeaders eXchange, targeting financial advisers involved in the investment decision-making process and with client assets of at least $200 million. "What ...

Most Australian actively managed funds lag the index

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
In the first half of 2023, 55% of Australian equity funds underperformed the S&P/ASX 200 index, according to the S&P Global SPIVA Australia Scorecard. But the S&P Global SPIVA Australia Scorecard - which measures the performance of actively managed ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... July. It follows the resignation of Clifford last month, who remains in the top job on an interim basis while the fund manager hunts for his replacement. Meanwhile, two other listed fund managers have also provided updates to the ASX. GQG Partners' FUM ...

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... is set to fall out of the FTSE 100 for the second time on the back of outflows and a 12% drop in share price. The fund manager was demoted to the FTSE 250 in August 2022 but had clawed its way back.

Rest awards mandate to specialist fund manager

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
Rest has granted an investment mandate to renewable fund manager Octopus Australia, seeking to bolster long-term returns for its 1.9 million members. The $75 billion industry fund's investment coincides with Octopus closing its second fundraising round ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
Most superannuation funds are appropriately valuing their investments in Canva, according to APRA, which used its high-profile and whipsaw valuation in 2022 to see if they are abiding by its unlisted asset valuation requirements. Canva was at the forefront ...

How to warm up for a 50-degree day

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 AUG 2023
Institutional investors need to prepare for what would happen when Australia's temperature hits 50 degrees and analyse the impacts on investments and communities. The impact of a 50-degree day was the subject of a climate risk simulation exercise at ...

AustralianSuper hires head of international, private equity

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
After 23 years with AXA Investment Management (AXA IM), Mark Hargraves is set to become AustralianSuper's new head of international and private equity. Based in London, Hargraves will be responsible for leading AustralianSuper's $69 billion international ...