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

Search Results

Showing 611 - 620 of 5173 results for "Fund Manager"

Liontrust, GAM to create $100bn fund manager

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
... Liontrust is offering CHF0.6723 for one GAM share and is willing to pay about CHF107 million ($180.2m) for the smaller fund manager. The transaction includes offering GAM shareholders 9.4 million new ordinary shares in Liontrust in which they will be ...

More misfortune for Magellan

CHLOE WALKER  |  THURSDAY, 4 MAY 2023
... comprising net retail outflows of $0.4 billion and net institutional outflows of $2.0 billion. By asset class, the fund manager reported a loss of $1.5 billion in its Australian equities, falling from $6 billion to $4.5 billion in a month. Since the ...

MA Financial acquires US credit manager

CHLOE WALKER  |  TUESDAY, 2 MAY 2023
The listed fund manager is entering the US credit market through a buyout of New York asset manager Blue Elephant Capital Management (Blue Elephant). MA Financial is paying about $7.5 million for Blue Elephant, which was founded in 2013 and manages ...

Wingate launches third credit fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
The alternatives fund manager has launched its third credit fund to wholesale investors that invests in corporate debt opportunities in Australia and New Zealand. Wingate Corporate Credit Fund 3 (WCCF3) targets net pre-tax returns of over 10% per annum. ...

Morningstar downgrades PIMCO, Vanguard funds

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
Morningstar has downgraded four fixed income products following its annual fund manager review. As part of the 2022/23 review, Morningstar completed qualitative assessments of 72 fixed income strategies. As a result, four products were downgraded and ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
CVC has divested a 20% stake in Eildon Capital that will be picked up by another boutique fund manager. ASX-listed CVC announced this morning that it entered into an agreement with Samuel Terry Asset Management to sell its stake so that it can free ...

Mantis to distribute Isola Fullerton fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
Mantis Funds (Mantis) and Hong-Kong based Isola Capital (Isola) are bringing the Isola Fullerton Global Private Alpha Fund to Australia. The fund, which is sub-advised by Fullerton Fund Management (Fullerton), provides a diversified portfolio of global ...

GAM, Liontrust in merger talks

JAMIE WILLIAMSON  |  WEDNESDAY, 19 APR 2023
Fund manager GAM has confirmed it is talks with UK asset manager Liontrust Asset Management over a potential sale. In a short announcement to shareholders, GAM added that it is also in similar discussions with others. It said it is "working tirelessly ...

ETF industry continues growth: Betashares

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
... that the industry will hit $200 billion in the next two years, with product numbers expected to climb to 350. The fund manager said it expects the Australian ETF market to continue its strong growth despite ongoing volatility.

SG Hiscock commences abrdn fund changes

JAMIE WILLIAMSON  |  THURSDAY, 6 APR 2023
... are due to be rolled out this month, following the handover of its Australian equities business to SG Hiscock. The fund manager has notified investors that changes will be made to the abrdn Ex-20 Australian Equities Fund and the abrdn Australian Small ...