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Showing 1 - 10 of 282 results for "Mutual fund"

Vanguard's oldest ETF eclipses to US$1tn in value

RIDDHIMA TALWANI  |  FRIDAY, 5 JUN 2026
... respectively," he added. Vanguard's S&P 500 ETF was first launched in 1976 and is the first and oldest index-tracking mutual fund available to retail investors. "Crossing the US$1 trillion barrier is more symbolic than anything. ETFs do not win prizes ...

Federated Hermes appoints global fixed income CIO

RIDDHIMA TALWANI  |  TUESDAY, 13 JAN 2026
Federated Hermes has promoted R.J. Gallo from deputy chief investment officer to chief investment officer for its global fixed income portfolio, who will succeed Robert Ostrowski when he retires in May of this year. Gallo has also served as the co-head ...

Investment managers enter 'paradox' in 2026: Deloitte

ELIZA BAVIN  |  FRIDAY, 19 DEC 2025
Deloitte's 2026 investment management outlook report said the investment management industry will face a paradox in 2026: elusive profit growth, yet the opportunity for differentiation has never been greater. The report said investors who continue to ...

Aberdeen to acquire $3bn worth of MFS funds

MATTHEW WAI  |  MONDAY, 15 DEC 2025
Aberdeen Investments has reached an agreement with MFS Investment Management to acquire nine MFS funds to create two separate closed end funds. Aberdeen Investments has reached an agreement with MFS to acquire the management of nine closed end funds ...

Boman Group scores licence to expand China investments

RIDDHIMA TALWANI  |  TUESDAY, 9 DEC 2025
Melbourne-based Boman Group has been granted the Qualified Foreign Institutional Investor (QFII) licence by the China Securities Regulatory Commission, which will help it to expand its direct investments in China. The licence will allow its subsidiary ...

ASIC accuses ALAMMC Group directors of contempt

MATTHEW WAI  |  FRIDAY, 28 NOV 2025
... sold a 5% stake in the racehorse for $35,000. The companies in question include ALAMMC Developments; SDAMF, Mortgage Mutual Fund, Harvey Madison Capital, Coral Coast Mutual Fund, Island Resort Qld and Adapted Living Corp, which are all in liquidation. ...

Super moves: ART, TCorp, Future Fund, QIC

ELIZABETH FRY  |  THURSDAY, 27 NOV 2025
TCorp has recruited Lucas Hartmann as senior portfolio manager. Most recently, Hartmann served as head of equities, fixed income and alternatives at NGS Super for over eight years, where his responsibilities included implementing derivative overlays. ...

Inheritance dissatisfaction an advice opportunity: Report

MATTHEW WAI  |  THURSDAY, 12 JUN 2025
Most high-net-worth (HNW) inheritors are unhappy with how they have used their inherited capital, presenting an opportunity for financial advisers. As the $3.5 trillion great wealth transfer kicks off, Capital Group surveyed 600 HNW individuals across ...

Private capital, active ETFs to continue shake up of financial services: Deloitte

KARREN VERGARA  |  MONDAY, 28 APR 2025
Private capital, active ETFs and tokenisation are set to take the financial services sector by storm over the next three to five years, Deloitte predicts. Deloitte's 2025 Financial Services Industry Predictions report lays out six major forces that ...

Macquarie divests North America, Europe asset management units to Nomura

KARREN VERGARA  |  TUESDAY, 22 APR 2025
... established in 1929. It then acquired Waddell & Reed in 2021, adding to its actively managed, long-term, open-ended US mutual fund manager capabilities. The head of MAM Ben Way said: "We are proud of the public investments business we have built and ...
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