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Showing 81 - 90 of 416 results for "Platinum"

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
Platinum Asset Management has reported net outflows of $912 million in August, the month also saw the resignation of founder and chief executive Andrew Clifford. The outflows were largely driven by a previously disclosed $650 million redemption from ...

Platinum AM chief executive steps down

CASSANDRA BALDINI  |  THURSDAY, 24 AUG 2023
Platinum Asset Management chief executive Andrew Clifford has announced he will vacate the top job but remain as co-chief investment officer. The board confirmed it will shortly commence the hunt for Platinum's next chief and said Clifford will ...

More than $100k raised at FICAP RockStar

STAFF WRITER  |  WEDNESDAY, 2 AUG 2023
... Magic, Fighting Chance, and Weave. "Together we raised over $100,000, which is something to be really proud of." The platinum sponsors of the event were BlackRock, Challenger, and Ironbark. The gold sponsors were Australian Unity, AZ NGA, BT, Colonial ...

Mayfair 101 calls for senate inquiry into ASIC

JAMIE WILLIAMSON  |  WEDNESDAY, 2 AUG 2023
... Mayfair 101 show Hempton emailed Chester in relation to another firm but, in postscript, flagged that he felt "Mayfair Platinum has a deep smell of BS", referred to IPO Wealth as "a likely Ponzi", and stated that his "spidey-sense is going off badly ...

FICAP 2023: Countdown is on

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
... all proceeds going to new charity partners, Feel the Magic, Fighting Chance, and Weave. This year's event is backed by platinum sponsors BlackRock, Challenger, and Ironbark, as well as gold sponsors, Australian Unity, AZ NGA, BT, Colonial First State ...

MA Financial Group expands research team

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... research team. Tweedie spent three years at the firm from 2018 before landing similar roles at Bennelong Equity Partners and Platinum Asset Management. Commenting on the appointments, Moelis Australia head of research Edward Day said Hissey and Tweedie ...

Ownership changes spur upheaval in unit trust sector

KARREN VERGARA  |  WEDNESDAY, 12 JUL 2023
... corporate deals. Other managers that lost significant amounts in their unit trusts were Magellan ($5.5bn), Ardea ($3.5bn) and Platinum ($2.7bn) because of disappointing performance. Vanguard lost $3.1 billion from its unit trust business but had positive ...

Platinum loses $232m in FY23

CASSANDRA BALDINI  |  WEDNESDAY, 12 JUL 2023
Platinum Asset Management has copped a $232 million loss to its net outflows over the 2023 financial year and told investors it only recorded performance fees of about $1 million. The asset manager reported $17.3 billion in funds under management (FUM) ...

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... investor and analyst sentiment. This time last year, Morningstar was confident that listed managers Magellan, Pinnacle and Platinum would overcome sporadic market selloffs and the "short-term noise". Magellan's troubles, for example, began in late 2021 ...

NEOS named Life Company of the Year

CHLOE WALKER  |  FRIDAY, 17 MAR 2023
... The win for NEOS Life marks the first time in five years that the top gong hasn't gone to TAL. Alongside the overall platinum AFA Life Company of the Year award and individual product awards, offered in conjunction with Plan for Life, other categories ...