Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 6101 - 6110 of 22790 results for "Funds"

AIST pushes for policy reform

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... Scheerlinck said there was enormous potential in housing and energy in particular, but policy reform was needed to enable funds to invest on a larger scale. Profit-to-member super funds have significant capital available to scale up investments in these ...

IOOF increases FUMA, lifts remediation costs

ANNABELLE DICKSON  |  THURSDAY, 30 JUL 2020
IOOF has recorded an increase in funds under management, advice and administration of 3.4% to $202.3 billion while also increasing remediation provisions by $80 million. The wealth manager is expecting an underlying profit from continuing operations ...

Watchdog warns of celebrity-endorsed bitcoin scams

ALLY SELBY  |  THURSDAY, 30 JUL 2020
... typically reference margin FX trading or contracts for difference (CFDs), ASIC said. The investor will then be asked to deposit funds into an account, via a crypto wallet or their bank account. "In some instances, when the investor logs into their account ...

Ironbark restructures two funds

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
Ironbark Asset Management has appointed two managers as it restructures two previously multi-manager funds with the aim of improving liquidity and pricing. The Ironbark LHP Diversified Investments was previously managed by Lighthouse Partners, which ...

Good quarter but bad year for US instos

KANIKA SOOD  |  WEDNESDAY, 29 JUL 2020
... institutional clients found strong performance in the June quarter but year-to-date returns are still negative at pension funds and the like. Public funds -- which have about 50% in equities -- reported a median return of 11.14% in the three months to ...

ASIC terminates illegal investment scheme

ALLY SELBY  |  WEDNESDAY, 29 JUL 2020
... the scheme encouraged clients of MCube Planners to withdraw their existing superannuation and establish self-managed super funds to invest, by way of a loan, in MyWealth Manager. The Federal Court found the scheme raised more than $7 million from 55 ...

Lonsec adds to research team

ANNABELLE DICKSON  |  WEDNESDAY, 29 JUL 2020
... appointed two senior investment analysts following the launch of its sustainability research which includes coverage of 11 funds. Ron Mehmet has joined the fixed income team, having previously been an investment specialist at Perpetual for over three ...

Garry Laurence to depart Perpetual

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... Management is handing over Garry Laurence-led global shares strategies to the investors at its US acquisition Barrow Hanley. The funds include Perpetual Global Shares Fund and Perpetual International Share Fund. Its internal global equity team led by ...

Sydney boutique winds up fund

KANIKA SOOD  |  TUESDAY, 28 JUL 2020
... portfolio. The boutique decided to shutter its industrials fund (and equivalent mFund), saying it has not been able to grow the funds under management to a sustainable level. The Redpoint Industrials Fund aimed to perform in line with S&P/ASX 100 Industrials ...

Goldman chief faces backlash over DJ set

ALLY SELBY  |  TUESDAY, 28 JUL 2020
... "drive-in" concert in the Hamptons on July 25. Punters coughed up $1745 to $34,900 (US$1250 to US$25,000) for a ticket, with funds going to charities No Kid Hungry, Southampton Fresh Air Home, and the Children's Medical Fund of New York. Although attendees ...