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Showing 1 - 10 of 22824 results for "Funds"

legalsuper appoints HESTA executive as CEO, names new CIO

VINNY VUCAGO  |  MONDAY, 20 JUL 2026
... appointments, legalsuper chair Kristen Mander said both executives bring extensive experience across profit-to-member superannuation funds and institutional investment management. "Stephen comes from major profit-to-member super fund HESTA, where he ...

ASIC cancels AFSL of Australian Fiduciaries

RIDDHIMA TALWANI  |  FRIDAY, 17 JUL 2026
... around the inadequate management of conflicts of interest, the ways investors were sold units in the schemes and how their funds were ultimately invested, as well as a lack of regular valuation checks of its schemes. ASIC believes around 600 retail investors ...

Treasury expects regulators to do the heavy lifting

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
... transparency and efficiency across the super sector, where super fund should avoid exposing their members to underperforming funds and funds with sub-standard practices including in relation to expenditure. The prudential regulator will also aim to bear ...

NGS Super names head of strategy

MATTHEW WAI  |  FRIDAY, 17 JUL 2026
NGS Super has appointed a former board member of the Association of Superannuation Funds of Australia (ASFA) as head of strategy, as the fund aims to strengthen its retirement offering. Nick Callil has joined NGS Super in the newly created role, bringing ...

Eiger Capital co-founder flags retirement

KARREN VERGARA  |  FRIDAY, 17 JUL 2026
Stephen Wood, the co-founder of small-caps specialist Eiger Capital, which has more than $895 million in funds under management, has announced his retirement. Wood told investors he will remain on the portfolio management team until the end of the 2027 ...

Australian Ethical adds $1bn to FUM in three months

MATTHEW WAI  |  THURSDAY, 16 JUL 2026
The ethical manager wrapped up the financial year with a strong performance, gaining almost $1 billion in funds under management (FUM) to $14.5 billion from the March quarter. The performance was a result of strong rollover activity and growing super ...

Netwealth posts record FUA as managed accounts top $30bn

VINNY VUCAGO  |  THURSDAY, 16 JUL 2026
Netwealth has capped off another record year, growing funds under administration (FUA) to $135.7 billion as strong adviser inflows and improving markets offset elevated withdrawals from a handful of ultra-high-net-worth clients. The wealth platform ...

Solaris wins mandate from Mercer Investments

KARREN VERGARA  |  THURSDAY, 16 JUL 2026
... Solaris on July 7. Solaris is a fundamental, style-agnostic, active Australian equities fund manager with around $8 billion in funds under management. "We are responsible for establishing, implementing and monitoring the fund's investment objective ...

ASIC seeks to wind up Capital Guard AU

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... wind up fixed-income specialist Capital Guard AU amid "serious concerns" about its management and how it handled investor funds mounting to about $17.4 million. ASIC told the Supreme Court of New South Wales it seeks the appointment of an independent ...

First Mutual unregistered MIS wound up

KARREN VERGARA  |  WEDNESDAY, 15 JUL 2026
... approved ASIC's application to facilitate the orderly administration of any remaining assets and to have any available funds be identified and, where possible, returned to investors. ASIC's investigation found FMPE director Gregory Cotton and ...
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