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Showing 221 - 230 of 938 results for "NAV"

JPMorgan Chase acquires financial planning platform

JAMIE WILLIAMSON  |  FRIDAY, 24 SEP 2021
JPMorgan Chase is set to acquire a financial planning platform focused on the needs of college students and their families. The platform, Frank, currently serves more than five million students at over 6000 institutions across the US. It caters to those ...

New head of institutional at T. Rowe Price

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
T. Rowe Price has appointed a new head of institutional for Australia and New Zealand, formerly of AXA Investment Managers. Craig Hurt steps into the position, effective October 5. Based in Sydney, Hurt will report to T. Rowe Price head of distribution ...

Economic recap: Week to September 17

BENJAMIN ONG  |  MONDAY, 20 SEP 2021
Remember those Mao Zedong suits? The sartorial fashion that every man, woman and child in China wore (or were required to wear?) during Chinese chairman Mao's "Cultural Revolution" of 1966-1976? Those "uniforms" that comes in grey, navy blue or ...

UHNWs see net zero as business opportunity

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
The super-rich are committed to addressing climate change, especially when there's a profit to be made in the process. New research from Barclays Private, Campden Wealth and Global Impact Solutions Today sought the opinions of 300 of the wealthiest ...

GSFM bolsters team

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... ago. The fund invests in 30-50 positions, with a gross exposure of 50-150%. Average long positions are 3% of the fund's NAV while average short positions are 1.5% of NAV.

HESTA to support young women in financial services

ANNABELLE DICKSON  |  TUESDAY, 14 SEP 2021
The $64 billion industry fund has partnered with Girls of Impact to encourage young women to consider careers in financial services where women are historically underrepresented. The collaboration will highlight opportunities and pathways in areas that ...

Navigator buys stake in alternatives manager

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
Navigator Global Investments has acquired a stake in an alternatives investment manager. ASX-listed Navigator will own 32% of Longreach Alternatives after the firms signed a definitive agreement. Established in 2016, Longreach has some $1.6 billion ...

Link profit slips

ANNABELLE DICKSON  |  THURSDAY, 26 AUG 2021
Link Group posted a $163 million net profit loss in its full-year results which it attributed to an impairment charge in its banking and credit management (BCM) division. The administration software business recorded a non-cash impairment charge of ...

Fear of greenwashing worse than reality: Report

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
With much hysteria around greenwashing as ESG becomes increasingly important to investors, S&P has issued a new report theorising concern about greenwashing is often misplaced. In the report, S&P noted that greenwashing or sustainability-washing concerns ...

VGI Partners global LIC posts 25.6% returns

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
... holdings accounting for 40-50% of the total assets. At July end, its top 10 long positions (out of 31 total) were 71% of the NAV. It also had 11 short positions, with net equity exposure of 89%. The portfolio stood at $999 million at July end, with Amazon ...