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Showing 31 - 40 of 626 results for "HESTA"

AMP's largest super option yields 9.1% return

ANDREW MCKEAN  |  WEDNESDAY, 19 JUL 2023
... a 10.3% return. Australian Retirement Trust (ART) wasn't far behind, reporting a 10% return for its balanced option. HESTA reported a return of 9.59% and Cbus announced an 8.95% return. AustralianSuper and Hostplus posted returns of 8.22% and 8% ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
... invests in high growth for members up to the age of 56. The result comes in ahead of Australian Retirement Trust (10%), HESTA (9.59%), Cbus (8.95%) and AustralianSuper (8.22%). With 1.1 million members and $160 billion in funds under management, Aware ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
HESTA has delivered a 9.59% return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
After almost a decade in partnership, HESTA has opted against renewing its administration services mandate with Link Group. Link first signed HESTA as a client nine years ago, with the most recent contract renewal coming in August 2020 for a three-year ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
... with an external manager. As such, not all funds are adopting the strategy of internalising or setting up offshore bases. HESTA is keen on global investment opportunities but is adopting a "wait and see" approach before opening an international office. ...

Senate report labels PwC breach calculated, deliberate

JAMIE WILLIAMSON  |  THURSDAY, 22 JUN 2023
... news of the scandal broke, several superannuation funds have frozen their contracts with PwC, including AustralianSuper and HESTA.

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... implementing a management plan that includes a regular monitoring program." Major investors are concerned about the revelation. HESTA chief executive Debby Blakey said the super fund is "concerned" about the WA well leaks and will continue in its engagement ...

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... Mercer senior partner and actuary David Knox was recognised for his noteworthy service to the financial sector, while former HESTA chief executive and TelstraSuper chair Anne-Marie O'Loghlin was bestowed an award for her significant service to the ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... option in June last year, while AustralianSuper closed its property option in September 2021. Meanwhile, in October 2020, HESTA merged its infrastructure option into its property option. It also comes as Hostplus introduces six new pre-mixed options ...

Super funds consider future of PwC contracts

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
... last week. The fund will review its current audit contract with PwC later this year in line with its annual processes." HESTA has also announced it has frozen new contracts with PwC. "HESTA is very concerned about what has emerged regarding PwC and are ...