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Showing 961 - 970 of 22741 results for "Funds"

Law firm eyes First Guardian, Shield class action

ELIZA BAVIN  |  THURSDAY, 24 JUL 2025
... the firm is investigating claims that investors were advised to put their superannuation savings into largely unreliable funds. "What we're seeing here is potentially deliberate misleading of investors, many of whom are everyday Australians looking to ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

AustralianSuper taps NYC pension deputy CIO

MATT TOLEDO  |  THURSDAY, 24 JUL 2025
... Tuesday. Kądziela was previously deputy CIO and head of private equity of the New York City Retirement Systems, five pension funds that serve the city's public employees. The five funds, overseen by the comptroller, manage $288.59 billion, as of the ...

ASIC bans investment scammer

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... APRA, when it did not. Beresford also established Asset Capital Holdings in September 2020. The Federal Court froze his funds and ordered the winding up of his two unlicensed financial services businesses. On 27 June 2024, Beresford pleaded guilty in ...

Investments, advice complaints jump 18%

KARREN VERGARA  |  WEDNESDAY, 23 JUL 2025
... we're seeing in complaints is a clear pattern of conflicted advice models and the inappropriate use of self-managed super funds that ultimately isn't in the customer's best interest," AFCA chief executive David Locke said. "This only highlights ...

Prime Super delivers double-digit returns

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
... private credit, while the Income Focused option streams income into a separate cash account, allowing members to withdraw funds without worrying about timing the markets," McQueen said. "These options differentiate our offering specifically for Prime ...

Dexus rebuilds DWSF with $683m investment

ELIZA BAVIN  |  WEDNESDAY, 23 JUL 2025
... Group to acquire a 25% stake in Westfield Chermside, Brisbane, for $683 million. This fresh investment comes after Dexus Funds Management launched court action against AMP and Collimate Capital in relation to the forced sale of its interest in the Macquarie ...

Insignia accepts CC Capital bid

ELIZA BAVIN  |  TUESDAY, 22 JUL 2025
... diligence in April. In addition to the board recommending the takeover offer, Insignia also released its Q4 business update. Funds under management and administration (FUMA) increased by $8.5 billion, or 2.6%, to $330.3 billion as at 30 June 2025. Wrap ...

SS&C to take over Calastone for $1.6bn

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... watching the company thrive in its next phase." Founded in 2007, Calastone operates a transaction network for investment funds, connecting more than 4500 financial organisations across 57 markets, helping clients automate and scale fund operations, and ...

Brookfield takes stake in Cromwell

KARREN VERGARA  |  TUESDAY, 22 JUL 2025
... outlook". Cromwell has a total of $4.5 billion in group assets under management (AUM), of which $1.4 billion sits in the funds management business. In its half-year to December 2024 results, Cromwell reported an underlying operating profit of $55.1 million ...