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Showing 741 - 750 of 4546 results for "October"

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... repurchase of up to 2% NAV in any month and 5% in a calendar quarter, subject to board discretion. Blackstone said in October BREIT received repurchase requests equal to 2.7% or approximately US$1.8 billion which was approved by most of the board. In ...

Colonial First State adds 17 new funds to FirstChoice platform

ANDREW MCKEAN  |  THURSDAY, 1 DEC 2022
... ETF Exposure Series: All-World ex-US Shares, Stewart Investors Global Emerging Markets Sustainability (re-opened). In October, as part of a $430 million investment to "build a stronger and more agile business," CFS entered a strategic partnership to ...

Marketing oversight must improve: ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 30 NOV 2022
... approve the fund's marketing to investors to ensure that it is accurate and reliable." Since commencing this project in October 2021, ASIC has seen 18 REs or trustees of managed funds amend their marketing materials or processes.

BOQ boss departs suddenly

CASSANDRA BALDINI  |  MONDAY, 28 NOV 2022
... past three years." Allaway was appointed non-executive director of the Bank in May 2019 and chair a few months later in October. Previously he held executive roles at Citibank and Swiss Bank Corporation. Allaway explained that while continued growth ...

First Sentier names global responsible investment head

RACHEL ALEMBAKIS  |  FRIDAY, 25 NOV 2022
... transition to her new role in January 2023. Meanwhile, Bjorn De Smedt has also been hired as an RI specialist, joining FSI in October from Institutional Shareholder Services. White and De Smedt are both based in Sydney. Further, Finian Power has been ...

Stop orders slapped on two Perpetual funds

JAMIE WILLIAMSON  |  FRIDAY, 25 NOV 2022
... rectify the issues. As at September 30, the geared fund had $399.65 million in funds under management and, in the year to October 31, returned -4.45%. The microcap fund had $114.43 million in funds and, over the same period, saw a return of -9.79%.

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
... anti-ESG/anti-woke capitalism movement by constraining the investment processes of the public pension funds that they govern. In October, the state of Missouri pulled approximately US$500 million from BlackRock, with Republican State Treasurer Scott ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
... exam and complete a professional year was introduced," she recalled. "Moving on, there was such a volume of changes in October 2021 and so it became known as red October." She noted other changes impacting advisers including expanded breach reporting ...

Fortnum launches new adviser support service

CASSANDRA BALDINI  |  TUESDAY, 22 NOV 2022
... and strategy; higher client and staff satisfaction; and a stronger and more cohesive culture." The launch follows the October appointment of Jason Gapps as practice development and growth manager, which further bolstered the group's ability to support ...

Magellan seeks $1m increase to director fees

ANDREW MCKEAN  |  TUESDAY, 15 NOV 2022
... approved an increase in non-executive directors' remuneration cap was at the company's Annual General Meeting in October 2017 when it went from $500,000 to $750,000 per annum. Magellan's share price has since fallen over 50%. In explanatory ...