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Showing 7871 - 7880 of 22800 results for "Funds"

Link sells a slice of $1.5 billion acquisition

KANIKA SOOD  |  FRIDAY, 1 FEB 2019
... $78 million in revenue[DS1] [DS2]. After the sale, the LAS business will retain three operation areas: corporate markets, funds solutions, banking and credit management (which was a new activity for Link Group). The $430 million sale is expected to complete ...

Morningstar distribution executive joins fund manager

JAMIE WILLIAMSON  |  FRIDAY, 1 FEB 2019
... Australian investments Wayne Gentle and portfolio manager William Curtayne. Milford is also working to introduce additional funds to the Australian market in the coming 24 months, Van Berlo added. Further, Milford's chief executive Troy Swann recently ...

Challenger boutique appoints chief operating officer

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
... XARO) became the first launch out of the ActiveX banner as Fidante dipped its toes in active ETFs to raise capital for its funds. XARO was met with lukewarm response from investors, raising a little over $1 million since. The boutique added two people ...

Janus Henderson pulls out of Aussie equities

KANIKA SOOD  |  THURSDAY, 31 JAN 2019
Janus Henderson Investors is shutting down its Australian equities funds and will return about $490 million of capital to investors. "Over the past 18 months, the manager's Australian equity (AEQ) investment desk has found it challenging to meaningfully ...

Former TAL chief appointed at Swiss Re

HARRISON WORLEY  |  THURSDAY, 31 JAN 2019
... chaired the Insurance in Superannuation Working Group and was the interim chief executive of the Association of Superannuation Funds of Australia for four months in 2016. Broadbent was recently recognised in the Australia Day honours list, among several ...

Chief economist update: The Fed pause that refreshes

BENJAMIN ONG  |  THURSDAY, 31 JAN 2019
... rate hikes expected of the US Federal Reserve this year - a quick downshift from two 25 basis point increases in the fed funds rate the US central bank officials predicted only a month ago - itself, a downshift from earlier projections for three rate ...

Clime names distribution and private wealth lead

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
... HNW and sophisticated investor clients within its subsidiary Clime Private Wealth. It also works with self-managed super funds, companies, charities and institutions. Maria Greensill heads Clime Private Wealth. Bristow said as the wealth management market ...

Ponzi scheme fined $1.4bn

KANIKA SOOD  |  WEDNESDAY, 30 JAN 2019
... for Chapter 11 bankruptcy protection. In December 2017 the SEC obtained orders to freeze the assets of the unregistered funds, calling it a US$1.2 billion Ponzi scheme. Now, the Federal Court in Florida ordered Woodbridge and its 281 related companies ...

AustralianSuper hikes admin fees

KARREN VERGARA  |  WEDNESDAY, 30 JAN 2019
... majority of AustralianSuper members (963,887) have less than $25,000. Overall, APRA estimates that 25.7% of superannuation funds have balances below $1000.

Industry Super Australia attacks Future Fund concept

HARRISON WORLEY  |  TUESDAY, 29 JAN 2019
... be consigned to an "under-performing government-run fund." "We need to find ways of connecting workers with quality super funds, not find new ways for them to end up with less in their accounts," Dean said. "The extent of the loss calculated under the ...