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Showing 61 - 70 of 514 results for "Global Fund"

ASIC files lawsuit against unlicensed director, companies

JAMIE WILLIAMSON  |  FRIDAY, 16 FEB 2024
The corporate regulator filed a lawsuit against a Queensland man who allegedly deceived people he knew into handing over $100 million to invest in companies he owned without a financial services licence. ASIC commenced proceedings in the Federal Court ...

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... with Magellan for about a decade, serving as head of macro and most recently co-portfolio manager of the Magellan Global Fund. Meanwhile, one of the group's strategic priorities is growing its US business, with Formica announcing new leadership has ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
Retail investors can now gain access to the unhedged Claremont Global Fund (CGUN) and the hedged Claremont Global Fund (CGHE) on the ASX. Claremont Global head and co-portfolio manager Bob Desmond said its decision to target the retail market is due ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
Mike Cannon-Brookes' family office Grok Ventures has hired a new chief executive, recruiting a former BlackRock and Macquarie executive. Grok has named global funds management executive Tan Kueh as chief executive, while Jeremy Kwong-Law will remain ...

BlackRock appoints Aussie head, builds out NZ business

CHLOE WALKER  |  THURSDAY, 8 FEB 2024
... deputy head of BlackRock Australasia Jason Collins will step into the role of head of Australia. This comes as the global fund manager prepares to open a New Zealand office. In his new role, Collins will continue to report to Andrew Landman, who was ...

Actively managed, ESG funds top 2023 outflows

KARREN VERGARA  |  TUESDAY, 6 FEB 2024
... and ESG strategies suffered the biggest outflows in 2023 at a combined $57.7 billion. According to Calastone's Global fund flows report, actively managed strategies lost $42 billion (US$27.2bn), eclipsed by passive equity funds that attracted $31 ...

Oaktree's local head of distribution resigns

ELIZABETH FRY  |  MONDAY, 5 FEB 2024
Oaktree Capital Management's head of distribution for Australia and New Zealand has left the firm and is currently on gardening leave. Two years ago, Brett Penprase joined the US$172 billion investing powerhouse co-founded by Howard Marks with 27 ...

Loftus Peak to take over Orca fund

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
... There will be no changes to the fund's name, fees, or expenses, it added. In early 2023, the Orca Asia Fund and Orca Global Fund were both wound up following an 18-month review process which included an attempt to sell the funds.

Global fund managers welcome chief executives

CHLOE WALKER  |  FRIDAY, 15 DEC 2023
Edward M. "Ted" Maloney is set to become chief executive of MFS Investment Management (MFS), while Philippe Setbon has been appointed as chief executive of Natixis Investment Managers (Natixis). Maloney will succeed MFS's current chief executive Michael ...

Mild recession in 2024, higher interest rates: Vanguard

KARREN VERGARA  |  WEDNESDAY, 13 DEC 2023
... countries will grapple with "mild recessions" in 2024 as they manage a "higher-for-longer" interest rate environment. The global fund manager warned in its A return to sound money report that interest rates will remain above the rate of inflation, severely ...