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Showing 8181 - 8190 of 22801 results for "Funds"

Global manager sells local boutique stake

KANIKA SOOD  |  MONDAY, 8 OCT 2018
... caps manager, in a move that ratings house analysts labelled as positive for the boutique. PAC sold its stake in Celeste Funds Management to Celeste's founder and chief investment officer Frank Villante for $1.6 million. The 20-year-old boutique has ...

Sequoia adds to board

KARREN VERGARA  |  MONDAY, 8 OCT 2018
... management, product development, debt syndications and debt capital markets. Early this year, Sequoia added former Odyssey Funds Management chair John Larsen as a new non-executive director to its board. Larsen previously led the Odyssey board between ...

Fidelity launches active ETF

KANIKA SOOD  |  FRIDAY, 5 OCT 2018
... Fidelity's foray into active ETFs comes at a time when an increasing number managers look to the ASX to launch actively-managed funds. This year alone, five new actively managed ETFs have entered the market. There are now a total of 13 actively managed ...

Managed accounts provider ramps up tech strategy

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... November 2017. It purchased 100% of Linear shares for $42.5 million. The combined entities administer more than $11 billion in funds - about $4 billion of which sits in managed accounts. MGP chief executive David Heather said after the merger, the company ...

QSuper hunts for new CIO

KARREN VERGARA  |  FRIDAY, 5 OCT 2018
... consulting capacity with Towers Perrin and Davey and Associates. He was also a director of the Association of Superannuation Funds Australia (ASFA) from 2011 to 2017 Holzberger commented: "It has been a privilege to work with the investment team, board ...

Pension fund names new investments lead

JAMIE WILLIAMSON  |  FRIDAY, 5 OCT 2018
One of the world's largest pension funds will welcome a new chief investment officer, charged with overseeing $510 billion in assets. The California Public Employees' Retirement System has appointed Yu Ben Meng to the role, replacing Ted Eliopoulos. ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... strong growth will ultimately lead to higher inflation. Ergo, the Fed would need to be more aggressive in raising the fed funds rate. At the conclusion of its September FOMC meeting, the Fed's dot plots indicated another three more interest rate ...

Millennial money changes course after RC

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... millennials don't want to consolidate multiple superannuation accounts, feeling it's better to spread the risk across a few funds. Nearly a third admitted to being ill informed on such matters. When it comes to investing, 48% millennials said they are ...

The joys of an independent board

KANIKA SOOD  |  WEDNESDAY, 3 OCT 2018
... marketing or PR background, and I feel that adds an extra dimension in terms of pushing for sales and marketing initiatives." "Funds are sold not bought, and investment trusts need to up their game," she said.

BTFG to boost managed account capability

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... space, and preparing to capitalise with the launch of 30 new products. In the 12 months to June, BTFG recorded 250% growth in funds under administration on its managed account solutions available via Panorama. Its number of active clients has also increased ...