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Showing 761 - 770 of 5176 results for "Fund Manager"

Magellan suffers $1bn in outflows

ELIZABETH MCARTHUR  |  THURSDAY, 7 APR 2022
... 31. The outflows were made up of $500 million in retail outflows and $600 million in institutional outflows. The fund manager also announced to the ASX that it has received notification of a further $200 million in redemptions to be made shortly. Magellan ...

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The Financial Services Council (FSC) has released guidance to assist super funds and fund managers in divesting Russian assets. Despite superannuation funds only having a small exposure to Russian investments in the context of the $3.5 trillion superannuation ...

UniSuper makes venture capital play

ELIZABETH MCARTHUR  |  THURSDAY, 24 MAR 2022
UniSuper, the $106 billion industry fund, has made an investment with a venture capital fund manager. The fund has invested $75 million with early-stage commercialisation fund manager, Uniseed. The investment will feed into UniSuper's sustainable investment ...

EG's latest Brisbane buy boosts portfolio to $1bn

CHLOE WALKER  |  WEDNESDAY, 23 MAR 2022
... interest was sold off-market by US investment manager Invesco, with the other 50% stake held by Vicinity Centres. ACE fund manager and executive director Chris Pak said that EG's fund owns 14 core-plus assets across Australia in Sydney, Brisbane, Melbourne ...

Morningstar bets on active fund managers

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... "For example, outflows from institutional investors in-housing their investment management or diversifying their fund manager exposure, and platform consolidation activity. Pendal is vulnerable to these developments given its maturity relative to newer ...

Douglass exits Magellan board

KARREN VERGARA  |  MONDAY, 21 MAR 2022
... diminished to about $15.50 at the time of publication, but traded as high as $55.90 in mid-2021, a few months before UK fund manager St. James's Place yanked $23 billion of its investors' money and several internal issues began to unravel. Brett ...

Disclosure lacking in common ownership: Committee

JAMIE WILLIAMSON  |  FRIDAY, 18 MAR 2022
... subjected to disclosure requirements and proxy advisors also disclose decisions, Dunnin said. "But these would just bring fund manager disclosure requirements into line with what super funds are required to do already," he said. "Such reforms would also ...

GIC bolsters Australian real estate JV

KARREN VERGARA  |  FRIDAY, 18 MAR 2022
Singapore's sovereign wealth fund GIC expanded its partnership with a local real estate fund manager by injecting its joint venture with an additional $2.4 billion. NorthWest Australia's healthcare real estate joint venture with GIC has reached ...

Milford chair to retire

CHLOE WALKER  |  FRIDAY, 18 MAR 2022
Milford Asset Management board chair Mark Cross will retire from the board at the end of June, with a new chair appointed. In announcing his retirement from Milford, Cross said: "It has been a privilege to be part of Milford for nearly a decade, and ...

HESTA pushes forward with internalisation

ELIZABETH MCARTHUR  |  THURSDAY, 17 MAR 2022
The $68 billion industry fund for health workers is pushing forward with an ambitious internalisation program. The fund recently reached a key milestone, with its in-house Australian equities team now actively investing. The Australian equities being ...