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Showing 9841 - 9850 of 22801 results for "Funds"

Crowdfunding legislation gets greenlight

KARREN VERGARA  |  WEDNESDAY, 22 MAR 2017
... Senate passed the Corporations Amendment (Crowd-Sourced Funding) Bill 2016, which allows small-scale businesses "to raise funds from a large number of investors", has taken about two years to receive approval. "It has the potential to provide finance ...

Global VC fund opens Australian office

ALEX BURKE  |  WEDNESDAY, 22 MAR 2017
... Pacific region for the above services, and 500 will also invest in certain start-ups in partnership with other angel and VC funds in the Australian market. LaunchVic described the partnership as a "a big win for Victoria, who is leading the country in ...

CSC renews $40bn custody mandate

ALEX BURKE  |  WEDNESDAY, 22 MAR 2017
The Commonwealth Superannuation Corporation has renewed custody arrangements for its $40 billion in funds under management. Northern Trust (NTC) has overseen custody and investment administration for the government employee and Australian Defence Force ...

FICAP fundraiser ready to rock

DARREN SNYDER  |  WEDNESDAY, 22 MAR 2017
... people are able to bid on these spectacular prizes," she added. The annual RockStar event enters its 11th year in 2017. All funds raised through the auction will go to FICAP three nominated charities: Raise, The Mirabel Foundation, and The Shepherd Centre. ...

Managed accounts continue rapid surge

JAMIE WILLIAMSON  |  WEDNESDAY, 22 MAR 2017
The managed accounts sector now equates to about 7% of the $600 billion in funds under administration across platforms and wraps in Australia. That is the key finding of the Institute of Managed Account Professionals' (IMAP) latest Managed Accounts ...

Fund managers reshuffle board for $413bn merger

ALEX BURKE  |  TUESDAY, 21 MAR 2017
The new board has been selected for the historic global funds management merger announced in October last year. Following the completion of the merger between Henderson Group and Janus Capital, the new board will consist of chair Richard Gillingwater ...

Future retirement products aided by tax exclusions

JAMIE WILLIAMSON  |  TUESDAY, 21 MAR 2017
... open for public consultation. Adding to the existing draft legislation, the government has proposed that superannuation funds and insurance companies receive a tax exemption on income from assets supporting the new products on the condition they are ...

PIMCO unitholders approve $10bn RE transaction

ALEX BURKE  |  MONDAY, 20 MAR 2017
... unitholders have voted overwhelmingly in favour of the manager internalising responsible entity services for over $10 billion in funds under management, representing one of the largest RE transitions in Australian history. Just five months ago, PIMCO ...

BTIM head of sales departs

DARREN SNYDER  |  MONDAY, 20 MAR 2017
... transition, Chris will remain with the company until his resignation becomes effective on 31 May. BTIM has about $87 billion in funds under management as at 31 December 2016. It has operations in Australia, United Kingdom, Europe, Asia and the United ...

BetaShares managed fund receives rating

EMMA RAPAPORT  |  MONDAY, 20 MAR 2017
... global equities market in a risk controlled manner, its risk management strategy, and the track record of the underlying funds used to obtain exposure. BetaShares managing director, Alex Vynokur, said the rating highlights the benefits the fund provides ...