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Showing 7041 - 7050 of 22797 results for "Funds"

Global ETF industry hits record high

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
The global ETF industry hit a new record high in the third quarter with assets in US passive managed funds and index ETFs topping those in US active managed funds for the first time, according to BetaShares. Global ETF's finished the quarter with US$5.8 ...

Managed funds fail to perform: Report

ELIZA BAVIN  |  FRIDAY, 8 NOV 2019
Rainmaker research has shown the managed funds' sector has acutely underperformed its benchmarks for the 12 months to 30 June. The Rainmaker Roundup Report found that only 10% of Australian equities large cap funds outperformed in 2018-19. "The scope ...

Plato hires from Macquarie quant team

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... quantitative analyst. He has over 15 years' experience in investment management, joining Plato from Macquarie Quant Hedge Funds where he was a quantitative analyst for over six years. Plato head of long/short strategies David Allen said: "In the information ...

Challenger head of retail departs

KANIKA SOOD  |  FRIDAY, 8 NOV 2019
... and fixed income strategies. Last December, it took on the management of UBS Asset Management's large, mid and small caps funds. "Vito is an extremely exciting hire for [us]. With more than 20 years' experience developing new capabilities and building ...

Adviser scammed family, friends

ELIZABETH MCARTHUR  |  FRIDAY, 8 NOV 2019
... $375,000. He did actually purchase a fast food franchise for $50,000 but shortly after the purchase he started to misappropriate funds that could have potentially been returned to investors by inflating the amount owed to the franchise's soda machine ...

What finance professionals are really paid

ELIZABETH MCARTHUR  |  THURSDAY, 7 NOV 2019
... Investment analyst and merger and acquisition skill sets were also identified as being in high demand across private equity, funds management and investment banking. Michael Page estimates small and mid-cap boutiques will be some of the most sought after ...

Perpetual appoints head of risk

JAMIE WILLIAMSON  |  THURSDAY, 7 NOV 2019
... compliance and operational risk for the investment banking business, financial products and head of middle office for Macquarie Funds Group.

BT shuts down two funds

KANIKA SOOD  |  THURSDAY, 7 NOV 2019
... property fund and a $293 million Asian shares fund, as it sees them unsuitable for retail investors. The bigger of the two funds, Advance Global Property Fund was managed by Principal Global Investors Australia and was terminated in September. The Advance ...

Pengana to acquire stake in US firm

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
... parties. Pengana said the acquisition presents an opportunity for it to take an ownership stake in a "synergistic premium funds management business" which has growth opportunities and a sophisticated investor base. Pengana founder Russel Pillemer said ...

Global firm secures $500m mandate

ELIZA BAVIN  |  THURSDAY, 7 NOV 2019
... Payden & Rygel originated in Los Angeles and is an independent global investment manager. It currently has $175 billion in funds under management. Rest is an industry superannuation fund and currently has around two million members with $57 billion in ...