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Showing 541 - 550 of 7954 results for "Total"

GQG rejigs allocations amid tariff pain

KARREN VERGARA  |  WEDNESDAY, 9 APR 2025
... manager said. Net inflows amounted to US$1.8 billion in the month of March and US$4.6 billion for the first quarter of 2025. Total funds under management reached US$161.9 billion, which was up from US$160.5 billion at the end of February. During the ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
Cbus has confirmed it has reported to APRA an "unusually high spike in log-in attempts", impacting around 85 member accounts, which occurred several days after the cyber-attack that impacted other super funds. "At this stage of our inquiries, there ...

Fitzpatricks names head of product

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... consultant in wealth management, platforms, and superannuation and before that was a director of platforms at CFS. He spent a total of 21 years at CFS working in senior roles, including product development and product management for the FirstChoice platform. ...

Which fund managers are making the most from investor fees?

ANDREW MCKEAN  |  TUESDAY, 8 APR 2025
... analysis of Morningstar's database of fund managers, with annual fee revenue determined by a fund's size multiplied by the Total Cost Ratio. Mercer, which runs dozens of managed funds with $73.8 billion in funds under management (FUM), topped the list ...

UGC's AFCA membership to cease

KARREN VERGARA  |  MONDAY, 7 APR 2025
... be $70 million. UGC accounts for $44.6 million in claims and $3.6 million in AFCA fees - meaning $48.2 million out of the total $70 million. AFCA also announced that Everblu Capital, Boston Reed Private Wealth, Ceh Investments and Hosking Financial Services ...

Apex wins $7bn super admin mandate

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... benefits, platforms or wraps, pooled superannuation trusts, and risk-only superannuation funds. Diversa had $13.3 billion in total assets under management across its subplans at the end of June 2024, APRA figures show. Mason Stevens Super Fund, OneSuper ...

EQT closes flagship infra fund at $37bn

MATTHEW WAI  |  WEDNESDAY, 2 APR 2025
EQT Infrastructure VI raised €21.5 billion (AU$37 billion) in total commitments, exceeding the €20 billion target. The capital raising includes the €21.3 billion in fee-generating assets under management and builds on EQT Value-Add Infrastructure's ...

Brandes appoints new sales director for APAC

ANDREW MCKEAN  |  WEDNESDAY, 2 APR 2025
... of the same date, most of its assets were allocated to international and global equities, accounting for 30% and 21% of total assets by mandates, respectively.

University endowment mandates Osmosis

JAMIE WILLIAMSON  |  TUESDAY, 1 APR 2025
... The University of New South Wales and Oxford University Endowment Management are both already invested in the strategy. In total, the strategy has about $2.8 billion in funds under management. It was opened to Australian wholesale investors in 2023.

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... death claims taking longer than a year to resolve increased 24%, from 116 to 144. While representing only a small portion of total claims, extended assessment periods can contribute to financial hardship and emotional distress for bereaved families ...