Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 81 - 90 of 17742 results for "Cap"

Fund managers prepare for harsher penalties

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
Fines for alternative fund managers for breaking regulations are expected to rise, according to new research commissioned by Ocorian. The international study among fund managers at private equity, venture capital and real estate firms revealed 79% were ...

GSFM partners with Eastspring to deliver new EM offering

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
GSFM has partnered with Eastspring Investments to distribute its Global Emerging Markets (GEM) Dynamic Strategy in the Australian market and will be available to institutional, wholesale and family office investors. GSFM chief executive Damien McIntyre ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
The federal court has rejected Provide Capital's "illogical" application to prevent ASIC conducting further investigation into the firm. Justice Rofe dismissed Provide Capital's application that alleged ASIC did not have the state of mind required ...

Wealth firm gears up to change administrator

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
Acclaim Wealth is preparing to conduct a data migration for its AMG Super Personal Pension Division next week, involving approximately 6000 members with funds under management of $1.6 billion. The migration will move these members from an old FNZ technology ...

TelstraSuper reduces admin fees

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... The dollar-based admin fee will remain at $1 per week. In addition, the fund has also reduced the total administration fee cap from $1752 to $1652 per year. "[This] means eligible couples and individual members will be eligible for an admin fee rebate ...

Mercer Super recruits growth lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
A senior J.P. Morgan sales executive and relationship manager has joined Mercer Super Trust as its growth lead. In the new role, Stuart Raynes will support the super fund's growing corporate super and clients business. "Stuart's appointment ...

Charter Hall acquires stake in hotel REIT

KARREN VERGARA  |  TUESDAY, 2 APR 2024
Charter Hall Group is paying $96.9 million for a stake in a REIT that invests in hotels, pubs, and motels across Australia. The joint venture between Charter Hall and its Charter Hall Retail REIT (CQR) bought the 14.8% stake in Hotel Property Investments ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
Australia's private capital market has grown 33% over the past 18 months, with assets under management (AUM) now reaching $139 billion. Preqin and the Australian Investment Council released the 2024 Australian Private Capital Market Yearbook which tracks ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
Paul Murray took over as chief investment officer at legalsuper on March 11, succeeding Norman Zhang who departed in December 2023 for a role at Koda Capital. Murray was most recently interim head of alternatives at Future Fund, a role he took on after ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
According to a report by Mercer, nine out of 10 investment managers are either using or planning to use artificial intelligence (AI) in their investment strategies or asset class research. The report flagged that the question is no longer if but how ...