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Investment

MUFG brings Proxymity to Australian clients

ELIZA BAVIN  |  TUESDAY, 29 OCT 2024
The digital investor communication platform will be made available to MUFG clients.

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
MLC Asset Management has awarded a mandate to a global investment manager, replacing Presima and BlackRock.

abrdn bleeds $6bn, share price plummets

JAMIE WILLIAMSON  |  FRIDAY, 25 OCT 2024
The fund manager's share price took a massive hit on the back of $6 billion (£3.1bn) in outflows in the third quarter.

Major global trends impacting advisers

ELIZA BAVIN  |  FRIDAY, 25 OCT 2024
Schroders has revealed the major global trends driving investment decisions for Australian financial advisers.

BlackRock lowers fees on two funds

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
The investment manager has lowered fees on the Australian Alpha Tilts Fund and the Advantage Australian Equity Fund.

Institutional outflows ensure mixed quarter for Insignia Financial

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
Insignia Financial saw a marginal increase to its funds under management and administration (FUMA) in the first quarter of FY25, however net outflows driven by institutional clients came in at $1 billion.

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
HMC Capital will raise $300 million to underwrite the acquisition that will see it establish a global digital infrastructure platform.

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
Morningstar has released its industry pulse for asset managers for Q3, with the spotlight on GQG, Pinnacle, Insignia, Magellan, Challenger and more.

Magellan launches first Vinva funds

MATTHEW WAI  |  TUESDAY, 22 OCT 2024
Magellan Asset Management launched the first two Vinva systematic equity funds, flagging a third fund to be made available next month.

Jupiter AM awards distribution mandate

KARREN VERGARA  |  TUESDAY, 22 OCT 2024
UK active fund manager Jupiter Asset Management has inked a new distribution partnership as it targets the superannuation sector and attempts to expand in the region.