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Showing 891 - 900 of 3127 results for "Investment manager"

Arowana winds up LIC

KARREN VERGARA  |  THURSDAY, 7 JAN 2021
... capitalisation of $21.8 million at yesterday's close. At the time, the board said it was "comfortable" with investment manager ACVF Management's ability to navigate through the difficult period but was still considering winding up the LIC. The ...

Hostplus axes manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 23 DEC 2020
Hostplus has terminated an Australian equities mandate with a Franklin Templeton subsidiary. Balanced Equity Management is a wholly owned subsidiary of Franklin Templeton Investments Australia with approximately $8 billion in funds under management. ...

LICs show sign of struggle

ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
Demand for listed investment companies (LICs) has decreased significantly due to heightened investor interest in exchange traded products (ETPs), managed accounts and mFunds. The latest Rainmaker Information Wholesale Advantage Report show LICs previously ...

IPO Wealth trustee hit with class action

ELIZABETH MCARTHUR  |  TUESDAY, 15 DEC 2020
... lending money to IPO Wealth Holdings which traded as Mayfair 101 Holdings, a related party to the fund's investment manager. Mayfair 101 Holdings used the loan money to invest in a range of investments - the most significant of which was an investment ...

UK fund manager eyes Australia

KARREN VERGARA  |  MONDAY, 14 DEC 2020
A UK investment manager with about US$500 million in assets is entering the Australian and New Zealand markets, enlisting 3PD as its distribution partner. Marylebone Partners will introduce its absolute-return and long-short global equity strategies ...

Government fund awards mandate

ELIZABETH MCARTHUR  |  MONDAY, 14 DEC 2020
... ethical investment option. ESSSuper, the government fund for emergency services, has appointed Pendal as the sole investment manager for its Ethically Minded option, effective from 11 January 2021. AMP Capital was terminated as the manager for the option ...

Mayfair 101 heads to mediation

ELIZABETH MCARTHUR  |  FRIDAY, 11 DEC 2020
In what seems to be a win for the embattled business, the federal court has consented to Mayfair 101's request that a mediation be ordered in proceedings brought by ASIC. "Today's court outcome is a big win for our investors. This matter should have ...

Moelis to create hospitality precinct

ANNABELLE DICKSON  |  THURSDAY, 10 DEC 2020
... Kinselas and the Courthouse will be acquired by the unlisted standalone MA Taylor Square Fund which is managed by investment manager and hotel operator MA Hotel Management (MAHM). MAHM chief executive Dan Brady said both venues will benefit from the ...

Hedge fund switched traders with algorithm

KARREN VERGARA  |  THURSDAY, 10 DEC 2020
... reporting about US$59.8 billion of assets under management to the SEC in its 2016 filings. BlueCrest was an investment manager for ESSSuper but dropped off its mandate list in FY20. The Future Fund hired BlueCrest in 2010 to manage its alternatives assets. ...

Tourmaline hires two leads, expands footprint

KARREN VERGARA  |  WEDNESDAY, 9 DEC 2020
... of Asia Pacific trading. He was most recently a senior equities trader at CBRE Clarion Securities, a global investment manager specialising in listed real assets, where he spent the past decade overseeing all Asian trading. Before that, he worked for ...