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Showing 41 - 50 of 2966 results for "mandate"

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... Australian public companies. In an opinion piece for The Australian, Bragg proposed broadening the Takeovers Panel's mandate to include the requirement for mega super funds to consider the interests of individual investors in major transactions. ...

Zurich cleared by Federal Court in life insurance dispute

ANDREW MCKEAN  |  MONDAY, 8 JAN 2024
Zurich Australia has been cleared of breaching its duty of utmost good faith by the Federal Court, in a case connected to OnePath Life's avoidance of an income protection policy. The case marks ASIC's first attempt to impose a civil penalty under s13 ...

Prime Super appoints new custodian

ANDREW MCKEAN  |  TUESDAY, 19 DEC 2023
... ties with NAB Asset Servicing (NAS) as it plans its exit. The $6.7 billion industry fund's decision to award the new mandate to Citi Securities Services follows NAB Asset Servicing announcing its intention to wind down custodial operations last November ...

Federal Court appoints receivers to investigate Brite Advisors

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
... Smith and Kirman will investigate Brite Advisors and its management of around $1 billion in client pension funds, with a mandate to report their findings to the court and ASIC within 42 days. The appointment of Smith and Kirman follows initial action ...

Rest awards mandate for member experience enhancement

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
Rest Super has contracted Reunion, a creative agency, to improve its member experience. Following a competitive tender, the nearly two-million-member strong superannuation fund said that it will work with Reunion to help members better understand and ...

Morningstar reveals Australian equities upgrades, downgrades

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
... with considerable upside," Morningstar said. "However, Perpetual's value and quality bias and this strategy's industrials mandate mean that it excludes a large chunk of stocks in the broader Morningstar Category index." Investors Mutual All Industrials ...

AustralianSuper in talks to extend administration services mandate

ANDREW MCKEAN  |  FRIDAY, 15 DEC 2023
AustralianSuper has signed a memorandum of understanding (MoU) with Link Group to negotiate an extension to their core administration services partnership. Link Group's Retirement and Superannuation Solutions (RSS) business and AustralianSuper will ...

AustralianSuper supersizes Churchill Asset Management mandate

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
AustralianSuper has bolstered its existing mandate with Nuveen affiliate, Churchill Asset Management, increasing the investment program size to US$1.5 billion. The A$300 billion super fund and asset manager's partnership, first announced in December ...

Future Group acquires Verve Super

JAMIE WILLIAMSON  |  WEDNESDAY, 29 NOV 2023
... for a sustainable and equitable future." The deal is also expected to strengthen the group's gender lens investing mandate across all its offerings. "The transition will bring many benefits for our predominantly female membership, including the ability ...

AIMCo, New Agriculture buy Kimberley Cattle Portfolio

CASSANDRA BALDINI  |  WEDNESDAY, 29 NOV 2023
... purchased from Macquarie Asset Management, which at the time divested its assets following the conclusion of a decade-long mandate. New Forests then founded New Agriculture as a domestic entity to oversee Lawson Grains. AIMCo executive managing director ...