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Showing 7151 - 7160 of 22800 results for "Funds"

Envestnet founder tragically killed

ELIZABETH MCARTHUR  |  TUESDAY, 8 OCT 2019
... car accident alongside his wife, Hanover Hill Wealth Advisors founder Mary Miller. A former managing director of mutual funds at Nuveen Investments, Bergman founded Envestnet in 1999 on the premise that technology could change the financial advice industry. ...

Equity Trustees wins Colonial mandate

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
Equity Trustees has cracked $100 billion in funds under supervision, after striking an agreement with Colonial Mutual Life Assurance Society effective October 1. Equity Trustees Limited is taking over as the trustee of $10.5 billion of CMLA's assets. ...

Netwealth top for FUM growth

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... Netwealth is growing much faster than some of its more established competitors. The research found a total $37.7 billion rise in funds under management over the year to June 2019 for wraps, platforms and master trusts. The masterfund market overall was ...

Fidante signs US alternatives manager

KANIKA SOOD  |  FRIDAY, 4 OCT 2019
An American fund manager has teamed up with Challenger's Fidante Partners to market its funds down under, as it sees Australian demand for alternative strategies rise. Los Angeles's Ares Management Corporation manages over US $142 billion across three ...

Aussie employers understand importance of advice

HARRISON WORLEY  |  FRIDAY, 4 OCT 2019
... environmental, social and governance investment options would start to become more important to employers. "We believe that funds with a clear ESG proposition for both employers and prospective members will start with an advantage over their competitor," ...

Investors deluded on returns

ELIZABETH MCARTHUR  |  FRIDAY, 4 OCT 2019
... Schroders Australia head of distribution Graeme Mather added that professional investors, including advisers and superannuation funds, have much more realistic expectations. Referring to the changes in the Australian financial advice industry that have ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  FRIDAY, 4 OCT 2019
... This is because it heightened speculations of more Fed rate cuts. The CME FedWatch Tool put the probability that the Fed funds rate would fall from the current 1.75%-2% to 1.5%-1.75% at the October FOMC meeting at 88.2% (from 77% a day earlier and 49.2% ...

Advice associations slammed

JAMIE WILLIAMSON  |  THURSDAY, 3 OCT 2019
... associations have done nothing for the fees advisers have been paying; completely ineffective in changing FSR, FOFA, industry funds, MySuper, TASA, banks' vertical integration and product flogging, LIF, FASEA, dealer fees, PI costs and a host of ...

Moelis eyes new private credit fund, appoints lead

KANIKA SOOD  |  THURSDAY, 3 OCT 2019
... credit fund. Oliver Trajcevski is joining the company from Dinimus Capital where he launched and managed three private credit funds with $400 million in total. At Moelis, his focus will be on starting a new fund focused on small medium enterprise and ...

Legg Mason expands Asia Pacific role

ELIZA BAVIN  |  THURSDAY, 3 OCT 2019
... like to thank him for his contribution," Johnson said. Legg Mason is a global asset management firm with $59.2 billion in funds under management in Australia.