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Showing 741 - 750 of 4734 results for "distribution"

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... be held up by valuation uncertainty and funding constraints in the short term," PwC said. "The need for control of distribution and the client relationship is also likely to spur vertical integration as asset and wealth management organisations bring ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
... conceived to simplify the way investors accessed unlisted managed funds, while simultaneously broadening fund managers distribution networks and offering brokers a broader range of products. However, since its inception, mFund has only amassed $1.6 billion ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... this opportunity to create a combined fund that benefits investors through increased scale, diversification, and distribution stability. Fernandes added that Cromwell's reputation as a "leading real estate funds manager and a custodian of investors' ...

abrdn's Jollie outlines next steps

ELIZABETH FRY  |  FRIDAY, 7 JUL 2023
... including the last 14 years as head of the local business. Previous roles with the asset manager include head of distribution, chief operating officer, head of marketing UK, product manager, and head of investment operations. He played a lead role in ...

Super fund satisfaction still poor: Report

JAMIE WILLIAMSON  |  THURSDAY, 6 JUL 2023
... all funds sits at +15 - in 2021 it was +26. "Not only have average scores flatlined, but we also see a shift in the distribution of scores over time. Fewer members are rating Satisfaction and Ease highly (scores of nine and 10), offset by more members ...

Magellan's FUM falls again

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
Magellan Financial Group has taken yet another blow to its funds under management (FUM), falling $1.7 billion during the month of June. Magellan's FUM now sits at $39.7 billion. It experienced net outflows of $2.1 billion in the month, which included ...

Alium Capital enters wholesale market

CHLOE WALKER  |  THURSDAY, 6 JUL 2023
... profitable, and none are burning a lot of cash, he added. In January, Alium appointed Matthew Newham as its head of distribution. Prior to Alium, Newham served as head of distribution at hedge fund VGI partners, as well as holding senior roles at abdrn ...

Institutions must raise the bar on cybersecurity resilience: APRA

CASSANDRA BALDINI  |  THURSDAY, 6 JUL 2023
... processes did not clearly define the roles and responsibilities of third parties and playbooks had limited plausible distribution scenarios. The fifth gap unearthed by the regulator related to limited internal audit reviews of information security controls. ...

Adviser levy tripled, labelled "deeply unfair"

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
... work undertaken this financial year in the advice space that the regulator highlighted related to the design and distribution obligations, breach reporting, cyber and operational resilience, unlicensed advice, adviser registration, administration of ...

abrdn sells local trustee business

CHLOE WALKER  |  TUESDAY, 27 JUN 2023
... trusteeship in Australia. It also follows the fund manager's strategic partnership with SG Hiscock to wholesale distribution its international funds in the Australian market. MSC Trustees declined to disclose the transaction value. As of July 1 ...