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Investment

Aware Super, Altis buy Crown Group site

CHLOE WALKER  |  THURSDAY, 7 SEP 2023
Aware Super's real estate arm, in partnership with Altis Property Partners, has snapped up Crown's Mastery site for $121 million.

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
Macquarie Group posted a 3% drop in its private markets assets under management (AUM) to $326.8 billion and said its asset management business will face economic challenges over the short term.

Spaceship launches US investing service

JAMIE WILLIAMSON  |  WEDNESDAY, 6 SEP 2023
Spaceship users now invest as little as $10 in a range of US-listed ETFs and stocks.

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
The iShares US Treasury Bond ETF (IUSG) will soon be available to local financial advisers and investors, offering exposure to some of the most liquid securities in the world.

LGT seals abrdn wealth business deal

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Six months after the sale was announced, LGT has officially taken on abrdn's discretionary funds management business in the UK and Jersey in exchange for about $275 million.

Willis Towers Watson buys funds from advice group

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
Willis Towers Watson acquired two managed investment schemes from Profile Financial Services, as the latter looks to focus its efforts on financial advice.

Rest awards mandate to specialist fund manager

ANDREW MCKEAN  |  TUESDAY, 5 SEP 2023
Rest has granted an investment mandate to renewable fund manager Octopus Australia, seeking to bolster long-term returns for its 1.9 million members.

Janus Henderson launches new fund

CASSANDRA BALDINI  |  TUESDAY, 5 SEP 2023
Janus Henderson has launched its Emerging Markets Equity Fund to local investors, the result of increased client demand.

Managed accounts FUM hits $162bn

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
Managed accounts assets jumped 19% in the year to June to reach a record high of $161.7 billion.

Natixis IM eyes expansion with new retail AFSL

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
Natixis Investment Managers has expanded its Australian Financial Services Licence (AFSL) to target retail clients, affording broader access to strategies from its collective of global investment managers.