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Showing 1 - 10 of 1881 results for "Internal"

UniSuper battles major system outage

JAMIE WILLIAMSON  |  FRIDAY, 3 MAY 2024
... able to join via the website, and the fund's app is also unavailable. It's understood many of the fund's internal systems are also down and that the outage has been ongoing since at least Monday evening. UniSuper said the issue originated ...

Australian Retirement Trust applies new investment exclusion

ELIZA BAVIN  |  THURSDAY, 2 MAY 2024
... exclusion. The thermal coal exclusion will not apply to companies deriving revenue from metallurgical coal, coal mined for internal power generation, intra-company sales of mined thermal coal, revenue from coal trading and royalty income for companies ...

Chief member officer leaves Insignia Financial

JAMIE WILLIAMSON  |  WEDNESDAY, 1 MAY 2024
Insignia Financial is on the hunt for a new chief member officer for its superannuation business, confirming the departure of Anne Coyne. Coyne was first appointed to the role in January 2023, following close to two years in governance and disclosure ...

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
First Sentier Investors (FSI) is shuttering four investment teams, seeing the exit of 30 professionals by the end of the year and the loss of about $14 billion in assets under management. The investment manager this morning announced that its locally ...

Betashares plans to launch first 'moderately geared' ETFs

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
Betashares is readying to launch Australia's first moderately geared ETFs on the ASX, as part of its new 'Wealth Builder' product suite. The ETFs, which are expected to offer a gearing ratio of 30-40%, aim to allow investors to benefit from the long-term ...

WTW to launch dedicated private equity fund

ANDREW MCKEAN  |  MONDAY, 15 APR 2024
... Kelly said: "... this will appeal to asset owners who are seeking to build a private equity programme but do not have the internal expertise and governance to do this. It could also be interesting for investors looking to add co-investments to an existing ...

Proxy advisors have 'undue influence': Jamie Dimon

ANDREW MCKEAN  |  THURSDAY, 11 APR 2024
In an annual letter to shareholders, J.P. Morgan chief executive Jamie Dimon expressed concern about the "undue influence" of proxy advisors, particularly ISS and Glass Lewis. Dimon said asset managers and institutional investors should base their voting ...

Janus Henderson tailors fund to NZ investors

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
Janus Henderson is making its Global Multi-Strategy Fund available to institutional investors in New Zealand. The fund, which targets a positive absolute return regardless of the market environment, will be New Zealand (NZD) denominated to help protect ...

Why fund managers are missing out on investment mandates

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... investment mandates or clients because of compliance issues. The research also revealed there had been an increased level of internal conflict between fund management teams and compliance and risk teams, which concerningly showed no sign of slowing. ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
Another of the few remaining standalone corporate superannuation funds will close its doors this year. After almost five decades, the Manildra Flour Mills Retirement Fund (MFMRF) has been closed to new members and will be wound up. The fund was established ...
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