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Showing 5641 - 5650 of 22790 results for "Funds"

Magellan axes currency hedging in trust

ANNABELLE DICKSON  |  THURSDAY, 26 NOV 2020
... include Alibaba Group, Alphabet, Microsoft, Starbucks and Tencent. Magellan is restructuring its retail global equities funds to create a $15 billion fund that will combine the unlisted, ETF and LIT versions of the Magellan Global Fund. Wheldon said ...

EQT wins endowment mandate

ANNABELLE DICKSON  |  WEDNESDAY, 25 NOV 2020
... EQT currently provides services on behalf of over 650 philanthropic trusts and for-purpose clients, with total charitable funds under management of $2.5 billion. "As a for-purpose organisation, a key factor in our selection process was the value-added ...

ASFA adds board members

KARREN VERGARA  |  WEDNESDAY, 25 NOV 2020
The Association of Superannuation Funds of Australia has appointed two directors to its board. ASFA made way for Sunsuper chair Andrew Fraser and IOOF chief operating officer Frank Lombardo as additional directors after the passing of a special resolution. ...

Wells Fargo sets sights on Aussie super

ELIZA BAVIN  |  WEDNESDAY, 25 NOV 2020
... the Australian superannuation system, confirming to Financial Standard that it has been in discussions with major super funds. Wells Fargo head of international distribution Deirdre Flood said the firm has been in talks with some super funds for some ...

Australian Sustainable Finance Initiative launches

RACHEL ALEMBAKIS  |  TUESDAY, 24 NOV 2020
A coalition of more than 80 organisations including banks, insurers, superannuation funds and other stakeholders has released an ambitious list of recommendations to transform Australia's financial system to sustainable outcomes. The Australian Sustainable ...

T. Rowe Price launches entity, restructures

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... management of T. Rowe Price Associates (TRPA), nor does the firm expect any changes to fees or services provided to the funds and client accounts," T. Rowe Price said. President and chief executive William J. Stromberg commented: "We recognise that this ...

AustralianSuper hires for investment team

KANIKA SOOD  |  TUESDAY, 24 NOV 2020
... investment officer Justin Pascoe, who joined AustralianSuper mid-2019 as a senior portfolio manager, has been promoted to funds deputy head of equities. He is now adding the responsibility for day-to-day leadership of the team in Australia. Pascoe's ...

Retail superannuation funds grilled on member priorities

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... Mulino told Mercer chief executive for Australia and Pacific zone leader David Bryant that too many underperforming super funds appeared before parliament saying that it is "way too complicated" to be judged using a specific benchmark and period of time ...

SSGA names global investments chief

KARREN VERGARA  |  TUESDAY, 24 NOV 2020
... investment officer since 2016 when she joined the firm. Based in Boston, Heinel will oversee the full spectrum of index funds and ETFs on offer, leading an investment team of more than 600 globally, including the Australian team. Heinel previously worked ...

Boutique to use Equity Trustees

KANIKA SOOD  |  MONDAY, 23 NOV 2020
... recognised that a specialist independent trustee is beneficial for investors." EQT will be paid 0.04% of the Spire Master Funds NAV, paid monthly. Spire Capital earlier this year marketed an Oaktree fund to Australian investors.