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Showing 6931 - 6940 of 22796 results for "Funds"

ASIC winds up alleged unregistered scheme

ELIZA BAVIN  |  FRIDAY, 13 DEC 2019
... Group, AMS Holdings, and AMS Holdings in its capacity as Trustee of AMS Holdings Trust. ASIC alleges Marco has been raising funds from investors since January 2010, receiving approximately $240 million from 132 investors. Marco provided investors with ...

Super funds merge, leaders appointed

ELIZABETH MCARTHUR  |  FRIDAY, 13 DEC 2019
... $125 billion fund. First State Super and VicSuper have signed a merger deed with a merger effective 1 July 2020. The merged funds will manage more than $125 billion in retirement savings on behalf of more than 1.1 million members nationally. First State ...

Pendal appoints impact investment team

ALLY SELBY  |  FRIDAY, 13 DEC 2019
... enables us to deliver innovative and credible ESG and impact investment solutions that will meet clients' needs and grow funds under management." Australians can expect to see the new global equity impact strategy coming out of Regnan by late 2020 ...

Pinnacle buys stake in Coolabah

KANIKA SOOD  |  THURSDAY, 12 DEC 2019
... for the boutique. Coolabah Capital Investments manages about $3.3 billion. Roughly 20% of this is on behalf of industry funds, while the remaining is for retail (including its Smarter Money Investments brand) and smaller institutions. "Partnering with ...

Chief economist update: Has the Fed conquered the yield curve?

BENJAMIN ONG  |  THURSDAY, 12 DEC 2019
... conclusion of its 10-11 December FOMC meeting - after three 25 bps cuts - in July, September and October - that took the fed funds rate from 2.5% to 1.75%. Fed chair Jerome Powell was full of optimism. "Our economic outlook remains a favourable one despite ...

Wealth manager launches new platform

ELIZA BAVIN  |  THURSDAY, 12 DEC 2019
... groups' strategy to serve customers through modern digital platforms. Online services will be provided through a digital funds administration and registry portal powered by Link Group, which allows investors to make contribution and redemption requests ...

ASIC lifts ban on new opaque active ETFs

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
... controls in place, internal market making can be an appropriate framework to facilitate the trading of actively managed funds that do not disclose their full portfolio holdings daily on exchange markets."

Active ETF review results imminent

KANIKA SOOD  |  WEDNESDAY, 11 DEC 2019
... their portfolios to the wider market daily, have been a popular with fund managers such as Magellan, Platinum and Legg Mason funds among several others. Internal market making enables active managers to list their strategies as ETFs without having to ...

Platform appoints TPB director

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 DEC 2019
... annual general meeting involved hints at expansion plans and its first quarterly results under the new boss reported group funds under administration were up 4.2% to $14.987 billion.

Industry fund pushes for simpler super splitting

ELIZA BAVIN  |  WEDNESDAY, 11 DEC 2019
One of the nation's largest super funds has joined forces with Women's Legal Service Victoria (WLSV) to simplify the process of splitting super assets. HESTA said it is working with WLSV to remove barriers preventing women from claiming their fair share ...