FUNDS MANAGEMENT

INDUSTRY NEWS

Clime Investment Management believes its FY25 operating costs will be “substantially lower” after identifying $1 million per annum in cost savings from the Madison divest...

INDUSTRY NEWS

The former head of Australia wealth at PGIM has taken up a new role as an investment specialist at Lazard Asset Management. ...

INDUSTRY NEWS

Global X ETFs’ head of portfolio management is set to depart the firm in October, the second major departure alongside outgoing CEO Evan Metcalf’s exit....

INDUSTRY NEWS

Magellan has seen its statutory net profit after tax rise by almost a third in FY24, as it announces a minority stake acquisition in a $22 billion investment manager. ...

INDUSTRY NEWS

Global fund managers are the most overweight to bonds since December 2023 as investors make a defensive rotation in their portfolios, according to Bank of America....

INDUSTRY NEWS

Schroders has begun rotating into those fixed income sectors that have lagged such as US government bonds....

INDUSTRY NEWS

Iress has partnered with Ediphy, a specialist in fixed income markets, providing its users with access to additional fixed income liquidity sources across the globe. ...

INDUSTRY NEWS

Two US-based investment managers – State Street and Russell Investments – have bolstered their respective teams with senior appointments in global head positions....

INDUSTRY NEWS

Pacific Current Group has entered into an agreement to sell a portion of its stake in global private credit manager, Victory Park Capital Advisors, to US asset manager Ja...

INDUSTRY NEWS

Vanguard demystifies the key differences between ETFs and LICs, ranging from market exposure to the payment of dividends and fee deviations....

INDUSTRY NEWS

The trading platform has uncovered the top 10 most traded ETF products by its users in FY24, with Vanguard unsurprisingly dominating the top three positions....

INDUSTRY NEWS

BlackRock has promoted Tomoko Ueda as its new chief operating officer for Asia Pacific....

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MARKET INSIGHTS

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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...

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