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Showing 831 - 840 of 7966 results for "Total"

Monash Investors merges with DMX AM

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
... retail unit trust offering investors an Australian equity exposure which aims to outperform the S&P ASX Small Ordinaries Total Return Index over the medium term. The fund has been in operation since July 2012, and over this time after all fees has outperformed ...

Vanguard, Betashares, iShares neck and neck in battle for inflows

ANDREW MCKEAN  |  MONDAY, 12 AUG 2024
... Outcome Bond Fund (Managed Fund) with $120 million, Betashares S&P 500 Equal Weight ETF at $44 million, and Vanguard US Total Market Shares Index ETF with $41 million. Interestingly, the Australian ETF industry reached a new all-time high in assets under ...

Pandemic-era savings to dry up: CBA

ELIZA BAVIN  |  FRIDAY, 9 AUG 2024
... "Australian households are generally net savers, as evidenced by a positive savings rate on average over time. As such, total household savings are almost always on an upward trend," CBA head of Australian economics Gareth Aird said. However, Aird said ...

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... AFM named Tim Meurer as its chief investment officer, promoting him from head of investments. Meurer spent four years in total at Invesco, working as the head of acquisitions for Australia at Invesco for seven months before he joined AFM.

Macquarie AM splurges on data centre

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... company. MAM via its Macquarie Korea Infrastructure Fund (MKIF) agreed to acquire the Hanam Data Centre, a data centre with a total capacity of 40 megawatts and a target IT load of 25.44 megawatts located in Seoul. The head of Macquarie Korea Asset Management ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... credit intermediaries such as finance and mortgage brokers comprise 15% and 5% respectively. The scheme has paid 37 claims in total to date, which amounted to about $3.3 million. AFCA lead ombudsman for investments and advice Shail Singh, who also spoke ...

Insight Investment appoints distribution lead

KARREN VERGARA  |  TUESDAY, 6 AUG 2024
... in assets it manages for Australian investors at the end of March. It has $1.3 trillion it manages for global clients in total. Clements said: "Bruce's leadership over almost a decade helped establish a solid foundation for Insight Investment Australia ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... engaged in conduct that could mislead the public. A hearing held on 7 December 2023 saw ASIC urge the court to approve the total penalty of $11.3 million. Justice Horan did not approve the penalty until today. The options in question were the Sustainable ...

BNP Paribas in talks to buy AXA Investment Managers

JAMIE WILLIAMSON  |  FRIDAY, 2 AUG 2024
... trillion (€850 billion) in funds under management. When combined with BNP Paribas, the newly formed business would boast total assets under management of close to $2.5 trillion (€1.5 trillion). AXA said divesting the asset management business is ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... jump in funds under management (FUM) as it welcomes Life Cycle Investment Partners to the fold. The multi-boutique reported total FUM of $110.1 billion at the end the 2024 financial year. It earned $90.8 million in profit from its 15 affiliates, up 35% ...