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Showing 1 - 10 of 30630 results for %22Fund%22

Billionaire quant investing legend Jim Simons dies

ANDREW MCKEAN  |  MONDAY, 13 MAY 2024
Jim Simons, the founder of Renaissance Technologies, a hedge fund that became one of the most profitable firms in history, has died at the age of 86. Simons began his career as a mathematician, earning a mathematics degree from MIT in 1958 and a PhD ...

UniSuper restores online services, app

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
... chief executive Peter Chun said online services across the fund's website and app have been restored. The only thing the fund is yet to restore is its retirement calculators, he said. He said the focus is now on processing member requests and returning ...

Rest adds to C-suite with new appointment

ELIZA BAVIN  |  MONDAY, 13 MAY 2024
Rest has appointed Amy Murrell to the new role of chief people officer after joining the super fund in 2021 as general manager people and culture. Murrell will now report directly into Rest chief executive Vicki Doyle. "I warmly welcome Amy Murrell ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... non-publication order until 15 May 2024 and prior to that Omni Bridgeway will not have access to it," Omni Bridgeway said. To fund the class action, Omni Bridgeway at the time entered into two arrangements: Fund 2 comprising $90 million managed by Partners ...

ClearView closes ClearChoice Super Rollover, launches trauma options

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... ClearChoice Super in excess of the insurance premium, the excess will be transferred to your nominated complying superannuation fund. If you do not nominate a superannuation fund, we may transfer the money to the Australian Tax Office in accordance with ...

Rahmani takes up post at Magellan

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... expected to be a key driver of future growth as it launches new products and intensifies distribution efforts, he said. The fund manager will soon launch the Magellan Unconstrained Fund to retail investors, a global equities strategy that will be managed ...

Brisbane financial adviser has assets frozen

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... Pty Ltd, Self-Managed Super Pty Ltd, Provest Enterprises, and Super Funds Australia Pty Ltd ITF Principal Superannuation Fund - over concerns related to the misappropriation of client funds and unauthorised share trading. The investigation, still in ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... and not having the right controls to support that and then [seeing members] getting advice to roll in or move into another fund on the basis of cold calling," she said. "That's the only trend I'd point out, that intersection of bad behaviours. ...

The top investment funds over the past year

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
... CRYP), with $158 million in net assets, led the pack with a 163.8% return, according to Rainmaker Information research. This fund seeks to provide exposure to companies involved in servicing crypto-asset markets or have "material investments" in crypto-assets. ...

AFCA finds more Dixon Advisory victims

KARREN VERGARA  |  FRIDAY, 10 MAY 2024
... ready to compensate about 2000 claimants at the time. The financial advice industry will be forced to pay $18.5 million to fund the CSLR in the first year of operation. Abood said: "The Dixon Advisory AFCA membership has already been extended twice and ...
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