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Showing 7331 - 7340 of 22800 results for "Funds"

Super fund names new chair

KARREN VERGARA  |  THURSDAY, 8 AUG 2019
... successful merger would see the creation of a $120 billion fund serving more than 1.1 million members by 30 June 2020. The funds expect to make a final decision by the end of the year.

Chief economist update: Race to the bottom redux

BENJAMIN ONG  |  THURSDAY, 8 AUG 2019
... weak, with the global slowdown and escalating trade tensions posing downside risks." If the US Federal Reserve cut the Fed funds rate again - by 25 bps to 1.75%-2% - as expected (or as Trump wants), other central banks may need to do more chopping. Given ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... capital. The raise is anticipated to be complete by mid-September. "The capital raising and the AMP Life sale will provide the funds to implement immediately our new transformational strategy, which creates a simpler, higher-growth and higher-return ...

AustralianSuper eyes $1.48bn in Indian infrastructure

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... and seeded by the Indian government in 2015 and now has US $4 billion invested in Indian infrastructure through its three funds. It is underpinned by the government but owned by investors which include public and private institutions from around the ...

CBA remediation bill drags performance

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... investment, retirement and insurance products and financial planning, turned in $413 million in NPAT, down 42% year on year. Funds management, which comprises Colonial First State, Commonwealth Financial Planning (CFP) and the New Zealand arm, generated ...

Fossil fuel holdings cost BlackRock investors $90bn

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
... commitment to sustainable investments, IEEFA noted only 0.8% of BlackRock's total portfolio is invested in ESG-oriented funds. While BlackRock maintains it has little control over its US$4.3 trillion passively managed portfolio, IEEFA pointed out ...

JANA hires quantitative applications lead

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2019
JANA Investment Consultants appointed a former Victorian Funds Management Corporation executive in the newly created role of head of quantitative applications. Michael Watt was chief executive and principal consultant at PortfolioMetrics for almost ...

BT advice boss lands new role

KANIKA SOOD  |  WEDNESDAY, 7 AUG 2019
... yet been made public. Xplore Wealth offers platform, administration and technology solutions for about $13.5 billion in funds from stockbrokers, wealth managers and financial advisory firms. The company's share price has tumbled almost 57% in the ...

Nikko insto sales lead joins $53bn manager

HARRISON WORLEY  |  WEDNESDAY, 7 AUG 2019
... investors' increased focus on yield. "Since first starting to work with Epoch over 12 years ago, we have grown the local funds under management to $2.58 billion. We are looking forward to working closely with Eddy to further build on this strong growth ...

Spaceship co-founder to exit

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
... last year. It is now eyeing $300 million. But it is not planning to bid for corporate superannuation tenders to grow its funds under management, Moore told Financial Standard. "We are not specifically looking at that. We are a consumer brand, with a ...