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Showing 9511 - 9520 of 22801 results for "Funds"

Global asset manager acquires stake in Aussie driller

EMMA RAPAPORT  |  MONDAY, 17 JUL 2017
A global alternatives investment management firm with $120 billion under management will invest a portion of its funds into western-Australian deep directional mineral drilling services company DDH1 Drilling. Oaktree Capital Management, headquartered ...

Last chance: Financial Standard ETF Forum

DARREN SNYDER  |  MONDAY, 17 JUL 2017
The Financial Standard Best Practice Forum on Exchange Traded Funds is a fortnight away and there's limited space left for financial advisers and other industry professionals. Following a successful inaugural event in Sydney last year, the 2017 Best ...

Vanguard global chief executive steps down

KARREN VERGARA  |  FRIDAY, 14 JUL 2017
... trillion in assets managed by the fixed income, equity index, and quantitative equity groups across more than 300 mutual funds and ETFs. Davis led the fixed income group since 2014 and prior to that served as chief investment officer for Asia Pacific ...

China awards private fund license to $900bn manager

ALEX BURKE  |  FRIDAY, 14 JUL 2017
... (AMAC). The AMAC license will allow UBS Asset Management to offer onshore fixed income, equities and multi-asset private funds to high-net-worth and institutional Chinese investors. It complements UBS AM's existing Chinese operations. UBS AM president ...

Super funds renew custody contracts with State Street

EMMA RAPAPORT  |  THURSDAY, 13 JUL 2017
Two superannuation funds with a combined $9 billion in assets under management have reappointed State Street to provide custody and asset services. NGS Super has re-signed with State Street for an additional three years, while Christian Super has also ...

BlackRock hires new executives

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
... strategies with two executive appointments. Katie Petering is the new head of asset manager sales for BlackRock's exchange-traded funds business iShares. She will report to head of iShares Australia, Jon Howie. Petering is responsible for developing ...

IRESS and MainstreamBPO in super admin deal

KARREN VERGARA  |  THURSDAY, 13 JUL 2017
... which include seven retirement savings accounts and a public offer retail fund for customer-owned banks, have a combined funds under administration of about $650 million. MainstreamBPO will pay $3.5 million inclusive of purchase price, and various legal ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... not differ greatly from what was already divulged in the FOMC statement released on 14 June - when the Fed raised the fed funds rate by 25 basis points to 1%-1.25%. In her prepared remarks before the House Financial Services Committee, Yellen reiterated ...

Real Asset Management embraces SMAs

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2017
... executive Scott Kelly said the launch of SMA strategies made sense for the fund manager as 96% of its existing discretionary funds under management are defensive, income- focused solutions comprised of cash, fixed interest or property. He said this reflects ...

Australian Ethical awarded industry fund mandate

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUL 2017
... director Phil Vernon said this is further acknowledgement of Australian Ethical's standing as a leading responsible investment funds manager. "Increasingly, institutional investors are coming to understand that responsible investment should be a key ...