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Showing 1 - 10 of 9376 results for "Close"

NovaPort Capital team calls it a day

JAMIE WILLIAMSON  |  TUESDAY, 21 MAY 2024
... to wind up the small cap Australian equity manager, Fidante told investors, saying the NovaPort team had made the call to close the business. While Fidante considered finding an alternative investment manager for the NovaPort Microcap Fund and NovaPort ...

COVID helped to reduce inequality: Productivity Commission

ELIZA BAVIN  |  TUESDAY, 21 MAY 2024
New research from the Productivity Commission has revealed changes to income and wealth levels during COVID-19. "The initial pandemic period saw an unprecedented decline in income inequality. The incomes of lower-income households grew rapidly in relative ...

Another corporate fund bites the dust

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... also one of the last remaining corporate funds broadly. Last year saw several of the funds that use the Towers Watson RSE close or transfer elsewhere, including the Oracle Superannuation Plan, Linfox Staff Superannuation Fund, and Heidelberg Australia ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
Colonial First State (CFS) flags it will appoint seven new managers to take over several mandates that will be vacated by First Sentier Investments (FSI) following the shock closure of four local investment teams. CFS has said it has been "actively ...

NEOS names retail, strategic sales leads

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... distribution at BT Life for five months. He also served in several other roles over a four-year stint with the insurer. He has close to 20 years' experience in life insurance, having also worked at Asteron Life and TAL. The promotions come as NEOS adds ...

Link Group rebrands as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 17 MAY 2024
... Market Services and no changes to current operations, teams, products, or solutions. All Link Group shares were suspended at close of trade yesterday, and Link Group will be officially delisted at end of day today after about nine years on the ASX. Meantime ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... portfolio assertions, which Jones and Glennon argued that excluding the Centrepoint Alliance investment, Sequoia has lost close to $1.4 million dollars in trading activities. Jones and Glennon, who is the founder of Glennon Capital, also stated that ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
Magellan Asset Management will go ahead with converting its Global Fund (ASX: MGF) into an open class structure. As the fund's responsible entity, Magellan Asset Management has advanced the conversion process since it was flagged in October of last ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
In 2022, concerns about rising interest rates and the Russia-Ukraine war brought fundamentals back into focus, creating numerous opportunities for value investing to generate alpha. Then transitioning to the first half of 2023, that period saw significant ...

Active Super, Vision Super finally sign transfer deed

JAMIE WILLIAMSON  |  THURSDAY, 16 MAY 2024
... into Vision Super on 1 March 2025, following the signing of a successor fund transfer deed. It was initially expected to close in the middle of this year. Combined, the funds have about $29 billion in funds under management on behalf of 170,000 member ...
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