The Securities and Exchange Commission (SEC) has charged Macquarie Investment Management with fraud and penalized it $79.8m, the regulator announced today. The SEC alleged that Macquarie had engaged in deceptive practices and misled investors about the performance of certain investments.
Joshua Godosky joined the Graduate Program in 2022 and is an Associate for the Real Estate team in Macquarie Asset Management. He will be working closely with the team to ensure compliance and ethical practices in all real estate transactions.
Fresh from striking a $24bn deal to sell the Airtrunk data centre giant it co-owned, Macquarie Asset Management is understood to have turned its focus to addressing the allegations brought forth by the SEC. The company is expected to implement stricter compliance measures and improve transparency in its operations.
Macquarie Asset Management has launched the Macquarie Focused Emerging Markets Equity ETF (EMEQ) on the Nasdaq Stock Market. This new offering aims to provide investors with exposure to emerging markets and diversification opportunities in their portfolios.
Macquarie Asset Management, which continues to focus its opportunistic real estate strategy on investing in and alongside operating platforms, is now under scrutiny for its handling of investor funds. The company will need to rebuild trust and confidence in its investment practices moving forward.
Macquarie Asset Management (MAM) and The Public Sector Pension Investment Board (PSP Investments) today announced an agreement for the sale of a significant portion of MAM's real estate assets. This strategic move is part of Macquarie's broader plan to streamline its real estate portfolio.
Macquarie Asset Management has plans to spin off the majority of its existing activities in core/core-plus real estate to enable a more focused approach to its investment strategies. This restructuring is aimed at improving efficiency and maximizing returns for investors.
Overall, Macquarie's green energy investments – including those held by both MAM and Macquarie Capital – increased to A$2.4 billion, up from the previous year. The company remains committed to sustainable investing practices and expanding its presence in the renewable energy sector.
Manova Partners To Launch With €11.4 Billion in Assets. This new partnership between Macquarie Investment Management and Manova Partners will bring significant assets under management and expertise in various investment strategies.
Ticker: EMEQ
