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Showing 5901 - 5910 of 22790 results for "Funds"

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... sheltered employment organizations and medical specialists. It manages €524 billion in pension assets for the pension funds in these sectors. APG has offices in Heerlen, Amsterdam, Brussels, New York and Hong Kong.

Portfolio insurance provides strong protection: Research

ELIZA BAVIN  |  THURSDAY, 17 SEP 2020
... pre-retirement investment to post-retirement consumption," Xu said. "Such connection helps to address the concern inherent in DC funds that members may not receive adequate and sustainable income from their retirement savings." The portfolio insurance ...

Chief economist update: Zero beyond 2023

BENJAMIN ONG  |  THURSDAY, 17 SEP 2020
... at its 15-16 September FOMC meeting - the first since "the Hole" - and promised "to keep the target range for the federal funds rate at 0 to 1/4 percent and expects it will be appropriate to maintain this target range until labor market conditions have ...

Lonsec to sell 37% stake to Generation

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
... services sector, with its clients comprising a significant proportion of Australia's leading fund managers, superannuation funds, advisory groups and wealth platforms. This investment in Lonsec will provide GDG with a highly strategic foothold in ...

Local fundie to manage US funds

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
An ASX-listed fund manager will take over the management of two funds with about $130 million in US-based assets, under a revenue share agreement with a joint venture partner. Auctus Investment Group's asset management subsidiary will become the fund ...

State Street cops $1.25m fine from AUSTRAC

KANIKA SOOD  |  WEDNESDAY, 16 SEP 2020
... laws. Under the law (section 45 (2) of the AML/CTF Act 2006), any person who sends or receives an instruction to transfer funds in or out of Australia must notify the AUSTRAC chief executive within 10 days of receiving the instruction. State Street contravened ...

Global equities manager hires GM

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
... communities. Talaria runs the Global Equity Fund, Global Equity Fund - Hedged and Global Equity Fund - Foundation Units. Funds under management has grown by about 71% over the last two-and-a-half years to $502 million at the end of June 2020.

Managed accounts inch to $80bn

KARREN VERGARA  |  WEDNESDAY, 16 SEP 2020
... stable, reaching $79.71 billion at the end of June 2020. Inflows comprised $3.54 billion of the total assets for the period. Funds under management increased $420 million from the December 2019 figure of $79.29 billion. Managed discretionary account ...

Super funds accused of chest beating on climate change

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 SEP 2020
Two major industry superannuation funds have this week made bold statements about their stance on climate change, but critics argue it may be "virtue signalling" with little substance. UniSuper announced this week it is committed to achieving net zero ...

New ETF set to debut on ASX

ALLY SELBY  |  WEDNESDAY, 16 SEP 2020
... director Ian Macoun controls over 10%, he said. Similarly, 360 Capital managing director Tony Pitt owns a 29.07% stake in his funds management group. Intelligent Investor was acquired into the InvestSMART family in 2014, and has since listed both its ...