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Showing 7261 - 7270 of 22800 results for "Funds"

Powerwrap posts strong first result

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
... in its first full year results since listing, beating its prospectus forecasts for revenue, underlying EBITDA, loss and funds under administration. The firm made a $4.9 million loss across the financial year though was expecting a hit to the tune of ...

Northern Trust hires from State Street

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... (CSC), Government Employees Superannuation Board (GESB), New Zealand Superannuation Fund. Its custody business recently added Funds SA, which swapped out J.P. Morgan after 19 years, and Maple-Brown Abbott. In April, Northern Trust pitched its outsourced ...

Aussie super funds drop in world rankings

HARRISON WORLEY  |  TUESDAY, 3 SEP 2019
Australia's superannuation funds have dropped in the global ranking of the world's largest pension funds. According to Willis Towers Watson's latest Thinking Ahead Institute/Pensions and Investments World 300 report, Australia's super ...

APRA slaps traffic light ratings on super funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2019
The prudential regulator confirmed a "traffic light" system aimed at weeding out underperforming superannuation funds is currently in the works. Deputy chair Helen Rowell flagged APRA is developing a heat map based on four key areas -investment returns ...

UBS Asset Management drops fees

KANIKA SOOD  |  MONDAY, 2 SEP 2019
UBS Asset Management has reduced the management fees and indirect costs on three multi-asset funds which together have over $530 million in assets. UBS's Tactical Beta Fund range started in 2012 and invests in a range of asset classes, including ...

VanEck restructures three ETFs

KANIKA SOOD  |  MONDAY, 2 SEP 2019
... a cross-listing of their US-listed fund shares, which was a common strategy for international ETF issuers to bring their funds to the ASX. The company is restructuring the cross-listed funds to change their domicile to Australia. The chess depository ...

Publisher slammed for Future Fund claim

HARRISON WORLEY  |  MONDAY, 2 SEP 2019
... mimic the performance of the Future Fund through a series of investments in listed investment companies and exchange traded funds. The publisher agreed with ASIC on the facts to be considered by the court in the corporate regulator's action against it ...

Former Equip chief joins Cbus

KARREN VERGARA, KRISTI CHENG  |  FRIDAY, 30 AUG 2019
... board through his time at Equip, doubling the size of the fund and leading some of Australia's largest corporate and funds transfer tenders. "As super funds approach a new era of scale, Nicholas' insight will be invaluable to the growth and development ...

Ironbark acquires firm, eyes instos

KARREN VERGARA  |  FRIDAY, 30 AUG 2019
Ironbark Asset Management has acquired a funds management servicing firm, as it aims to expand into the institutional market. The $20 billion Aussie asset management solutions provider, which currently focuses on wholesale clients, acquired 100% of ...

Melbourne boutique winds down funds

KANIKA SOOD  |  FRIDAY, 30 AUG 2019
An Aussie equities boutique founded by Citigroup Australia's former equities heads is winding down its funds after its family office backer withdrew support. ARCO Investment Management's David Colman and Peter Whiting ran two long-short Aussie ...