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DomaCom partners for Sharia-compliant home loans
KANIKA SOOD  |  MONDAY, 21 DEC 2020
Fractional property investor DomaCom and Islamic wealth firm Crescent Group have entered a partnership to offer a new home finance product aimed at 700,000 Muslim Australians.
Mantis to take over Copper Rock fund
KANIKA SOOD  |  FRIDAY, 18 DEC 2020
The new multi-boutique is expected to take over management of a $35 million global equities fund previously managed by Copper Rock.
Vanguard fund hits US$1trn
KANIKA SOOD  |  THURSDAY, 17 DEC 2020
A Vanguard equities fund ended November with $1.3 trillion in total assets, in an unprecedented feat in funds management.
RARE Infrastructure rebrands
KARREN VERGARA  |  THURSDAY, 17 DEC 2020
RARE Infrastructure will rebrand to ClearBridge Investments in the first quarter of 2021.
Active manager winning streak short lived
KARREN VERGARA  |  WEDNESDAY, 16 DEC 2020
Persistence isn't key for many active fund managers, as a new report finds their ability to consistently beat benchmarks and stay in the top quartile is fleeting.
Redpoint wins $50m mandate
ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
Redpoint Investment has won a $50 million socially responsible investing (SRI) mandate within JANA's SRI Australian Share Trust.
LICs show sign of struggle
ANNABELLE DICKSON  |  WEDNESDAY, 16 DEC 2020
Demand for listed investment companies (LICs) has decreased significantly due to heightened investor interest in exchange traded products (ETPs), managed accounts and mFunds.
ETF industry revenues revealed
KANIKA SOOD  |  TUESDAY, 15 DEC 2020
Fund managers reaped $211 million in revenue from listing their strategies in ASX's ETF marketplace in the year to September, with BetaShares taking the biggest slice.
Magellan launches funds on Chi-X
ELIZA BAVIN  |  TUESDAY, 15 DEC 2020
Magellan Financial Group has launched its MFG Core Series and the Magellan Sustainable Fund on Chi-X.
Personal finance app retires Australian business
KARREN VERGARA  |  TUESDAY, 15 DEC 2020
A personal finance management app provider has been hit by several forces such as COVID-19, forcing it out of the Australian market.
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