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Showing 6251 - 6260 of 22796 results for "Funds"

Franklin Templeton cuts fees

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
Franklin Templeton will drop the fees on eight funds from 2bps to 23bps per year, effective July 1. The steepest fee cut is on the $443 million Franklin Global Growth Fund which will go from charging 1.13% per year in management costs to 0.90%. Two ...

Prodigy boutique finds new strategic partner

KANIKA SOOD  |  WEDNESDAY, 24 JUN 2020
... Melbourne - with about a dozen staff. Equity Trustees, as the responsible entity, decided Dalton and Equus would wind down their funds and return capital to investors. Dalton funds' closure was reversed on April 22 by EQT as the boutique found a ...

New fund launches on ASX

ELIZA BAVIN  |  WEDNESDAY, 24 JUN 2020
... has been launched to help investors gain access to opportunities to make attractive, multi-generational investments. The funds chief investment officer Andrew Macken said he believes investors will be forced to refocus and adjust to succeed in the post-COVID-19 ...

Super funds face fresh data requirements

ALLY SELBY  |  WEDNESDAY, 24 JUN 2020
The prudential regulator will request additional data from the country's super funds, in a bid to understand the full impact of the COVID-19 pandemic on the industry. The COVID-19 Pandemic Data Collection (PDC) will enable the regulator to conduct an ...

Managed funds redemptions top US$62bn

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
At least US$62 billion of mutual funds across the globe have suspended redemptions so far this year, already higher than at least the previous eight years, owing to COVID-19, according to Fitch Ratings. Fitch attributed the high level of suspensions ...

Melbourne boutique appoints head of distribution

KANIKA SOOD  |  TUESDAY, 23 JUN 2020
... partner at SeedPartnerships, which advises fund managers on listing LICs and LITs, with past clients including the KKR, Regal Funds Management, Tribeca Investment Partners, VGI Investment Partners, Plato Investment Management and Antipodes among others. ...

Managed accounts demand rises: Zenith

ELIZA BAVIN  |  TUESDAY, 23 JUN 2020
... determinants of future value and sustainability for organisations globally. Working with Zenith we aim to identify and include funds that support this theme in their investment criteria." Innate, which is also Melbourne-based, worked with Zenith to develop ...

Administrators appointed to IPO Wealth

ELIZABETH MCARTHUR  |  TUESDAY, 23 JUN 2020
... options are canvassed. We will also be undertaking a thorough investigation into the company's asset holdings and use of funds." IPO Wealth's trustee, Vasco Trustees, appointed receivers to IPO Wealth on May 22 - a decision that Mayfair 101 disputed. ...

ATO data heaps pressure on ASIC's SMSF fact sheet

HARRISON WORLEY  |  MONDAY, 22 JUN 2020
... questionable use of ATO statistics, as a more appropriate figure would relate to the median operational and investment costs of funds under $500,000, which is under $5000 per annum compared to the figure of almost $14,000 used by ASIC." After the release ...

Sydney boutique research head steps down

KANIKA SOOD  |  MONDAY, 22 JUN 2020
... Tynan is stepping down from his executive roles but will stay on the board and remain an investor in the boutique's funds. Tynan's resignation is for personal reasons, according to VGI. Following his departure, the VGI Partners investment team ...