Funds Management News

InvestorDaily In his first speech as acting CEO of Praemium, Denis Orrock, says the platform’s focus is on its technology transformation as platform FUA reaches $34.4 billion in Q3. Orrock was appointed CEO this month after the surprise departure of Anthony Wamsteker who left with immediate effect. His exit followed the exit of chair Barry Lewin who was replaced […]

InvestorDaily Betashares has launched the Betashares Global Fundamental Value ETF which comprises up to 750 companies and seeks to track the FTSE Developed Markets Select ex Australia Fundamental Value Index. “Rather than relying on traditional value investing measures such as price to earnings or price to book value to select potentially undervalued companies, GVAL takes a […]

InvestorDaily Macquarie Asset Management has appointed Linso Pals as senior managing director and head of credit within its client solutions group. Based in London, Pals will lead global capital raising across Macquarie’s credit and insurance platform. His role will focus on product development and distribution across the firm’s private and liquid credit strategies. Pals has […]

ifa The $300 billion milestone, according to the latest IMAP/Milliman Managed Accounts FUM Census, cements the managed accounts industry’s position as one of the fastest-growing segments of the Australian intermediary market. It reflects more than strong markets, capping a decade-long shift in how advisers deliver portfolios for greater scalability and consistency. But the more useful question is not how the […]

InvestorDaily Ethical super and investment fund manager Australian Ethical has launched a multi-asset balanced fund targeting mission-driven wholesale investors. Developed in collaboration with Australian Impact Investments (Aii), the Australian Ethical Balanced Income Fund is designed for large investors including foundations and not-for-profits (NFP) which seek to invest in line with their mission. According to the […]

InvestorDaily Tim Helyar has been promoted from Australia country head to Asia Pacific head, effective from 9 September. Helyar will relocate from Sydney to Hong Kong, to support State Street’s regional growth strategy. From there, he’ll partner with the different country, functional and business leaders across Asia Pacific. Another stated goal is to “strengthen governance, deepen […]