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Showing 9311 - 9320 of 22801 results for "Funds"

VanEck Australia makes first billion

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2017
VanEck Australia credited investors buying smart beta ETFs with helping it accumulate $1 billion in funds under management in just three years. Achieving the milestone last week, Australia's fifth largest ETF provider said recent years have seen the ...

Multi-member SMSFs shun risky investments: Research

EMMA RAPAPORT  |  FRIDAY, 22 SEP 2017
... joint report from SuperConcepts and the University of Adelaide's International Centre for Financial Services reveals SMSF funds with more members tend to shun riskier equity markets and invest more heavily in cash, a lower risk asset class and one that ...

Former StatePlus MD joins Australian Ethical

EMMA RAPAPORT  |  FRIDAY, 22 SEP 2017
... (63.3%) of Australian Ethical's FUM comes from direct applications to its super fund - the remainder is split between managed funds, institutional investment and retail investment through intermediaries. Its managed funds suite saw a 29% increase in ...

Former UBS exec joins Celeste

ALEX BURKE  |  FRIDAY, 22 SEP 2017
The former executive director and head of emerging companies research at UBS is joining Celeste Funds Management. Martin Byers specialised in emerging companies at UBS since joining in 2006. Prior to that, he was a senior equity analyst at the Royal ...

Hastings names new chief executive

JAMIE WILLIAMSON  |  FRIDAY, 22 SEP 2017
A former chief financial officer of Westpac's institutional bank will be the next chief executive of Hastings Funds Management. Hastings chairman Brian Scullin has confirmed that current chief executive Andrew Day will leave the business at the end ...

Untouched super sits at $18 billion: ATO

JAMIE WILLIAMSON  |  THURSDAY, 21 SEP 2017
... Office show more than 6.3 million lost and ATO-held super accounts, with $14.12 billion of lost super being held by super funds and a further $3.75 billion of unclaimed super being held by the ATO - up from $3.2 billion last year. More than half of the ...

Fed does the thinkable

BENJAMIN ONG  |  THURSDAY, 21 SEP 2017
... 2018 forecasts for growth (2.1%), inflation (1.9%) and the neutral cash rate (2.75%), my calculations show that the fed funds rate should be at 2.75% next year. The Fed's uncertainty over inflation explains why it's predicting an increase in the fed ...

Global $11bn manager acquires US firm

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
... US$37.5 million, subject to Pax's performance. Existing management and investment teams will remain in place and current Pax funds will retain the Pax brand, but Pax itself will be renamed Impax Investment Management (US). Impax chief executive Ian Simm ...

Perpetual wins RE mandate with $620m manager

ALEX BURKE  |  WEDNESDAY, 20 SEP 2017
... deals coming to market. "Perpetual is one of the leading independent providers of responsible entity services to the managed funds industry in Australia, and we are committed to providing market-leading services to our clients." The High Conviction Fund ...

Former Attorney General appointed to Dexus board

EMMA RAPAPORT  |  WEDNESDAY, 20 SEP 2017
A former Australian Attorney General was appointed to the board of Dexus Funds Management following Elizabeth Alexander's decision to not stand for re-election as an independent director. Nicola Roxon, who held the position of Federal Attorney General ...