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Showing 1 - 10 of 99 results for "mFund"

ASX calls time on mFund settlement service

ANDREW MCKEAN  |  TUESDAY, 28 NOV 2023
Following an assessment and feedback from a recent consultation, the ASX has opted to wind down the mFund settlement service, setting a tentative deadline of May 2026 for the removal of funds. ASX noted that, since mFund's launch, an evolving market ...

ASX consultation: Time to say goodbye to mFund?

ANDREW MCKEAN  |  FRIDAY, 7 JUL 2023
The ASX has started a consultation process concerning the potential wind-down and closure of mFund. The market operator is seeking feedback from industry stakeholders on their preferences for transacting in managed funds via the ASX, and the proposed ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
... Global Alternatives Fund will have a few options going forward. It explained that for investments other than through the mFund Settlement Service (mFund) operated by the ASX, investors may fully redeem their investment at any time before 1pm Sydney time ...

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
The Australian Securities Exchange is seeking stakeholder feedback for its CHESS Replacement Partnership Program as it updates the eligibility criteria for potential participants. The CHESS Replacement $70 million Partnership Program canvasses industry ...

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
... and Freedom of Choice Super. The research also noted that Vanguard operated Australia's largest ETF; PIMCO has the largest mFund, and the Australian Foundation Investment Company is the largest LIC. Notably, the LIC market fell by 20.4%, following four ...

ASX seeks to improve investment products offering

CHLOE WALKER  |  THURSDAY, 28 APR 2022
... also asked stakeholders to provide feedback on management fees and costs, performance reporting, liquidity support, the mFund settlement service, and improving the information available to investors about investment products. This submission will be ...

Franklin Templeton appoints unit registry provider

KANIKA SOOD  |  MONDAY, 16 AUG 2021
Franklin Templeton Investments Australia has appointed unit registry services provider across 57 funds in the legacy Legg Mason business, after RBC Investor and Treasury Services exited its Australian registry business. Franklin Templeton will continue ...

Milford lowers fees

ELIZABETH MCARTHUR  |  THURSDAY, 1 JUL 2021
... some exposure to international equities and cash. It is available on BT Panorama, BT Wrap, HUB24, IOOF, Macquarie Wrap, mFund, Netwealth, PowerWrap and Praemium. In May, Milford bolstered its distribution team hiring a head of wholesale distribution ...

UBS shuts fund

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
UBS Asset Management Australia is winding up the UBS-HALO Australian Share Fund. The termination was effective April 28. The strategy, where HALO stood for high alpha long term opportunity, invested in about 20 ASX-listed stocks. It is one of the lineup ...

Ausbil adds to mFund lineup

KANIKA SOOD  |  TUESDAY, 6 APR 2021
... Small Ordinaries Accumulation Index. Its biggest holdings included Nuix, Galaxy Resources, Lynas, IGO and Uniti Group. ASX's mFund marketplace had 236 funds in total, with about $1.5 billion in assets at February end. By contrast, exchange-traded funds ...
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