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Showing 7291 - 7300 of 22800 results for "Funds"

Super JV names chief investment officer

ELIZABETH MCARTHUR  |  THURSDAY, 22 AUG 2019
... last week. Equip chair Andrew Fairley said: "This chief investment officer appointment is an opportunity to align the two funds from an investment perspective and strongly position us for further growth." "It brings greater business continuity and enhances ...

Managed funds versus the ASX 200

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
... has widened significantly over the past four years, according to new Rainmaker research. Just one in 10 wholesale managed funds in Australian equities outperformed the index in the financial year, the data shows. The median fund returned 7.2% as compared ...

M&G sets up shop down under

KRISTI CHENG  |  THURSDAY, 22 AUG 2019
... institutional investors and to partner with them on international opportunities. "We are seeing a growing demand from superannuation funds to diversify their portfolios through increasing allocations to international markets," he said. "Our existing ...

Perpetual profits dip, investments down 29%

KANIKA SOOD  |  THURSDAY, 22 AUG 2019
Perpetual reported 17% lower net profit after tax of $115.9 million for the year ending June, as its value-style funds underperformed and had to hand back institutional money. Perpetual Investments, which is the biggest contributor to group profits ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... messaging at the Jackson Hole symposium on August 23. Will he? won't he? bend to Trump's recent demand to cut the fed funds rate "by at least 100 basis points, with perhaps some quantitative easing as well"? Obeying Trump's diktat would just ...

Sean Fenton back with Sage Capital

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
... houses, and is in talks with family offices and private banks to come on as cornerstone investors. The capacity for the two funds is about $3 billion. Channel is aiming for a 50-50 split across adviser-led and institutional funds under management. There ...

Kogan Super launches

KARREN VERGARA  |  WEDNESDAY, 21 AUG 2019
... and indirect costs (0.10%). Kogan founder and chief executive Ruslan Kogan said Australians are turning to low-cost super funds to ensure their retirement savings aren't being eroded by high fees. "By leveraging our digital capabilities and delivering ...

MLC shuts down $28m fund

KANIKA SOOD  |  TUESDAY, 20 AUG 2019
... shut down an international equities fund as it faced the prospect of increasing management fees on the relatively small funds under management. The MLC Wholesale Hedged Global Share fund was terminated effective August with about $28 million in funds ...

Mainstream shelves super admin business

KARREN VERGARA  |  TUESDAY, 20 AUG 2019
... Mainstream Group Holdings is moving away from providing superannuation administration services to industry and corporate funds to focus instead on growing its public offer super fund. The ASX-listed firm announced today the super admin business will ...

Boutique distribution lead departs

JAMIE WILLIAMSON  |  MONDAY, 19 AUG 2019
The head of distribution at a boutique fund manager has taken a new role with Viridian Advisory. Former Fortius Funds Management head of distribution Rebecca Pun is now a portfolio manager at Viridian Advisory. In the new role, Pun is responsible for ...