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Showing 61 - 70 of 31674 results for "Fund"

Major climate group suspends operations

ROSE MARY PETRASS  |  TUESDAY, 14 JAN 2025
... Zero (GFANZ) - a group which recently abandoned its requirement for members to target net zero. Despite the exodus, most fund managers still offer ESG products and solutions, Rainmaker Group executive director of research Aman Ramrakha said. "The tide ...

Bennelong secures first trustee mandate

ELIZA BAVIN  |  TUESDAY, 14 JAN 2025
... in October last year. Bennelong Funds Management is now the responsible entity (RE) for the Paragon Australia Long Short Fund. The fund invests in equities, predominantly in the industrial and resources sectors and across global markets. Bennelong relationship ...

How to simplify super to get better retirement outcomes: Mercer

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... retirement income product - which would also need to be deemed suitable for the relevant member cohort - provided by their super fund. The 'soft default' products offered under this arrangement would generally be fully portable, allowing individuals ...

Vision Super to drop fees upon merger

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... administration fees will be lowered once it has completed the merger with Active Super. Vision Super said after the successor fund transfer (SFT) on 1 March 2025, administration fees will drop from $78 per annum to $66.04 pa. This will be on top of the ...

UBS injects $100m into Centuria Bass

ELIZA BAVIN  |  MONDAY, 13 JAN 2025
... Huljich said. "Additionally, the diversification of our real estate funds management platform continues to provide a range of fund and finance opportunities to our deep investor network." In April 2024, Centuria increased its investment in Centuria Bass ...

Family offices turn to start-ups, M&As: PwC

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... owners are entrepreneurs or entrepreneurial families, with only 5% owned by heirs. Increasingly, tech pioneers and hedge fund managers, dubbed "Wall Street billionaires," are entering this space, impacting investment strategies."

Dixon Advisory clients should be heard at Senate inquiry: Anderson

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... educated man" - with experience running his own business - who invested over $100,000 in the US Masters Residential Property Fund (URF) through his Dixon Advisory adviser, most of which was lost. He said they discussed the Dixon Advisory business model ...

Insignia takeover heats up, Bain Capital ups bid

KARREN VERGARA  |  MONDAY, 13 JAN 2025
... initiatives such as migrating client funds to more efficient platforms, reducing nonessential costs, and an expected recovery in fund flows from cyclical lows." Tanarra Capital is Insignia's largest shareholder with a 12.5% stake, according to Insignia's ...

CFS delivers 16.6% returns for growth members

MATTHEW WAI  |  MONDAY, 13 JAN 2025
Colonial First State (CFS) announced impressive returns for its balanced and growth equivalent funds throughout 2024. The FirstChoice Employer Super balanced option returned 13.8% in 2024, while the FirstChoice Employer Super growth option delivered ...

Platinum AUM inches to $11bn

KARREN VERGARA  |  FRIDAY, 10 JAN 2025
... Platinum Asset Management grew its assets under management (AUM) in the last month of 2024 to end up with $11.1 billion. The fund manager made a net gain of $93 million during the month of December despite experiencing outflows of $289 million. Some ...