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Showing 611 - 620 of 5490 results for "Dom"

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

Active funds outperform passive strategies - sometimes

ANDREW MCKEAN  |  MONDAY, 6 NOV 2023
Morningstar has revealed that in sectors such as Australia mid/small blend and local large value equities, active funds demonstrate superiority, while passive funds remain dominant in markets with representative indexes. According to the research house's ...

Mercer names new head of equities

ELIZABETH FRY  |  FRIDAY, 3 NOV 2023
Mercer has confirmed the appointment of Shannon Reilly as head of equities in the firm's investment management team. Reilly has been elevated from his role as senior portfolio manager, where he looked after Mercer's domestic and global equity ...

SPDR slashes fees on six ETFs

CHLOE WALKER  |  WEDNESDAY, 1 NOV 2023
State Street is reducing management fees on six of its SPDR exchange-traded funds (ETFs) following a pricing review, impacting almost 70% of the SPDR business' total local assets under management (AUM). The fee cuts, relating to four domestic sector ...

Regal Partners buys stake in Taurus Funds Management

CASSANDRA BALDINI  |  WEDNESDAY, 1 NOV 2023
Regal Partners will acquire 50% of Taurus Funds Management for an upfront consideration of approximately $28 million cash. The transaction will increase Regal's funds under management to $8 billion and is expected to complete in early November. Established ...

Future Super acquires GuildSuper

JAMIE WILLIAMSON  |  WEDNESDAY, 1 NOV 2023
Future Super Group is ramping up its growth strategy, entering the default super space with the acquisition of GuildSuper. The deal with GuildSuper will see Future Group add about $2.77 billion in funds under management and 99,000 members. This includes ...

AMP Capital sale inches toward completion

CHLOE WALKER  |  TUESDAY, 31 OCT 2023
The final conditions necessary to complete the sale of AMP Capital's real estate and domestic infrastructure business to Dexus Funds Management (Dexus) have been met. The last phase of this sale involves the transfer of AMP's interest in China ...

Local fund managers lag global peers: FSC

CHLOE WALKER  |  FRIDAY, 27 OCT 2023
According to the Financial Services Council (FSC), Australia's funds management industry continues to see significant growth but is falling behind when it comes to attracting more capital from overseas investors under the new Corporate Collective ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
PGIM's head of Australia wealth Benjamin Price will step down less than two years after being appointed. The US$1.2 trillion asset management business of Prudential Financial has confirmed that Price will leave by the end of the year. However, people ...

Dexus launches new opportunities fund

CASSANDRA BALDINI  |  TUESDAY, 24 OCT 2023
A second closed-ended opportunity fund from Dexus will provide wholesale investors with exposure to investments in property repositioning, development, special situations, and credit opportunities. Dexus Real Estate Partnership 2 (DREP2) follows the ...