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Showing 8311 - 8320 of 22801 results for "Funds"

Equity Trustees net profit up 28pct, execs get bonuses

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
... officer and chief operating officer, was awarded $230,000 in STIs which is 6% above his eligible award. Equity Trustees funds under management, supervision and administration grew 21% in FY18 to hit $86 billion. These generated revenue of $88.5 million ...

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
... culturally. "We are attracted to their leading position in the social infrastructure sector and the suite of listed and unlisted funds adds to our diversity of sources of equity, whilst their origination capability is expected to generate property investments ...

Mainstream co-founder becomes non-exec chair

HARRISON WORLEY  |  WEDNESDAY, 22 AUG 2018
... advisers customised access to models across 25 international markets, including access to Mainstream-administered managed funds. Mainstream is in talks with four parties with more than $1 billion in funds under management to be the foundation clients ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
... deposits," the Australian Centre for Financial Studies said. The report states: "In practice, institutional superannuation funds can structure arrangements for their 'cash option' funds, and use novel bank deposit products for their 'balanced' (or other) ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... properly linked to their account, NAB superannuation trustee NULIS Nominees was questioned as to whether it was governing funds in the best interest of its members. Counsel assisting Michael Hodge put it to former NULIS chair Nicole Smith that the trustee ...

VC firm launches new credit fund

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
... co-founder and general partner Ruthi Simha highlighted the firm's experience, having already deployed US$800 million in funds across 120 deals. "Viola Credit is looking to bring its knowhow, skills and deal making experience to Australia through ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
... to capitalise on global macroeconomic trends driving asset class returns. J.P. Morgan Asset Management head of Australia funds David Hallifax told investors in July that from August 8 the fund "will no longer invest in entities classified as being in ...

HUB24 lifts targets

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... years, as it its platform and advice licensee swelled their revenues in FY18. It is now expecting to hit $19-$23 billion in funds under advice in by FY21, as opposed to its last year's forecast of hitting $12 billion by the end of FY20. "We are confident ...

Industry funds grows governance, risk teams

JAMIE WILLIAMSON  |  MONDAY, 20 AUG 2018
... demands of increasing member expectations. "We are also still actively looking to do more mergers with other profit-to-member funds and for opportunities to take on other corporate superannuation funds looking to transfer their employees into a reliable ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
... Investport Income Opportunity Fund. ASIC asserts that Linchpin, as trustee of the unregistered fund, received substantial funds by way of loan or subscription from a fund operated by Endeavour. It alleges Linchpin lent about $15 million to itself and ...