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Showing 71 - 80 of 626 results for "HESTA"

HESTA changes administration fees

JAMIE WILLIAMSON  |  TUESDAY, 18 OCT 2022
... both super and pension members next year, with the fund saying its operational costs have increased. From February 2023, HESTA is reducing the dollar-based component of the administration fees paid by accumulation members from $1.25 to a flat $1. However ...

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
... Colonial First State, AMP, and ClearView. Meanwhile, Qantas Super was named the best overall performer, followed by UniSuper, HESTA, AustralianSuper, and IOOF. This year's report compared more than 500 multi-asset investment options offered by Australia's ...

HESTA adds Woodside, Santos to climate watchlist

ANDREW MCKEAN  |  TUESDAY, 6 SEP 2022
HESTA has notified AGL, Origin, Santos and Woodside that they've been placed on a watchlist under the fund's engagement escalation framework. HESTA has written to the chairs of AGL, Origin, Santos and Woodside informing them the companies were ...

Super giants, investment firms join Future IM/Pact

CASSANDRA BALDINI  |  MONDAY, 29 AUG 2022
... fosters young women in Australia's investment sector. The latest members join Australian Retirement Trust, QIC, VFMC and HESTA who already back the program. "Australia's most influential investment leaders are recognising the positive impact of diversity ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
HESTA has joined calls for superannuation to be paid on Commonwealth Paid Parental Leave entitlements, saying modelling shows it could see a mother of two retire with $14,000 more in her account. The super fund has joined a coalition of 18 organisations ...

HESTA, Mercy Super to pursue merger

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
HESTA and Mercy Super announced in June that they were well progressed with potential merger discussions. Now, the two have signed a Successor Fund Transfer deed with the aim of merging by November 30. The merger will see Mercy Super's 13,000 members ...

HESTA awards major global equities mandate

JAMIE WILLIAMSON  |  MONDAY, 15 AUG 2022
... billion global equities allocation for the industry fund. Antipodes Partners' Global Long Strategy has been selected by HESTA for the mandate, citing the investment firm's pragmatic approach. The strategy tracks the MSCI All Country World Net Index and ...

HESTA, ISPT ink first direct healthcare property deal

RACHEL ALEMBAKIS  |  FRIDAY, 12 AUG 2022
HESTA and ISPT have invested $140 million to develop a medical office building in Melbourne, their first direct property acquisition in the healthcare and life sciences sector. ISPT and HESTA as mandate partner will co-develop an on-hospital-campus ...

VFMC names head of equities

JAMIE WILLIAMSON  |  TUESDAY, 2 AUG 2022
Victorian Funds Management Corporation has hired from HESTA to fill the role of head of equities. Stuart Birkett has been an investment manager with HESTA since 2019. Most recently he led international equity and active currency investments but previously ...

HESTA hires high profile economist

ELIZABETH FRY  |  FRIDAY, 15 JUL 2022
HESTA has appointed high profile economist Annette Beacher as an investment manager and market strategist. Beacher has spent two decades as a market economist for international investment banks, working in Australia and Singapore. Most recently, she ...