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Showing 6271 - 6280 of 22796 results for "Funds"

Euroz, Hartleys to merge

JAMIE WILLIAMSON  |  FRIDAY, 19 JUN 2020
... to create a significant stockbroking and wealth management business with a bright and prosperous future," he said. Total funds under management for the combined business would be around $2.5 billion.

Volatility wreaks havoc with heat map measures

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
... rife over recent months, new analysis shows the relationship between risk and return has practically vanished, leaving many funds exposed to APRA's MySuper heat map investment performance measure. New analysis prepared by Frontier Advisors principal ...

Local investment firm to list in Canada

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
A Melbourne investment company has gained approval to list on the Canadian Securities Exchange. First Growth Funds Limited, which used to be listed on the ASX, will now trade on the CSE with the ticker FGFL, with the start date to be advised to shareholders ...

Westpac sells legacy stake in Pendal

KANIKA SOOD  |  THURSDAY, 18 JUN 2020
... morning. Pendal currently manages about $14 billion for Westpac, as at March end. Westpac said it will continue to withdraw funds managed by Pendal, with a $1 billion tranche expected later this calendar year and a second tranche of about $0.08 billion ...

VanEck makes case for equal weight investing

ALLY SELBY  |  THURSDAY, 18 JUN 2020
The $50 billion exchange traded funds issuer has made the case for equal weight investing, arguing a skewed exposure towards smaller stocks can outperform during periods of market recovery. In its new research paper The road to recovery, VanEck examines ...

AIST celebrates Trustee of the Year

HARRISON WORLEY  |  THURSDAY, 18 JUN 2020
Former president of the Australian Institute of Superannuation Trustees and director of two industry super funds, David Smith, has been posthumously awarded the award for Trustee of the Year. The AIST honoured Smith at its annual general meeting yesterday ...

Industry fund in successor fund transfer

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUN 2020
... aligned to any particular industry or profession. LESF, along with its sub-plans, is home to 28,500 accounts and had seen its funds under management surge by 176% since June 2014 to $237 million as at June 2019, according to Rainmaker analysis of APRA ...

Melbourne boutique partners with Swiss bank

KANIKA SOOD  |  WEDNESDAY, 17 JUN 2020
... Swiss bank sends down a distribution lead from its Geneva office to Australia to establish relationships for its existing funds. Bell will not receive any fees for this. The relationship started when UBP cast its net for a global small/mid cap manager ...

Vanguard taps former industry fund boss

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
Global funds management giant Vanguard is continuing its push into Australia's superannuation sector, hiring a former industry fund chief executive to oversee the growth of its super offering. Vanguard has appointed former AustSafe Super chief executive ...

Schroders nabs Mercer product boss

HARRISON WORLEY  |  WEDNESDAY, 17 JUN 2020
... decade with the team, which will continue to be led by Simon Doyle, who also acts as the lead portfolio manager across all funds.