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Industry fund awards $500m mandateBY KANIKA SOOD | THURSDAY, 4 JUL 2019 12:21PM
An industry superannuation fund has appointed IFM Investors to manage cash and term deposits, as a precursor to an ongoing relationship for its fixed interest assets.
Read more: IFM, IFM Investors, ACRF, Australian Catholic Superannuation, Michael Block, Ardea, Coolabah, Energy Infrastructure Trust, Global Infrastructure Funds, Greg Cantor, ISPT, Kapstream, SelectingSuper
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AustralianSuper wants to triple its investment in private credit to $15 billion in next three years, as it announces a new head for the asset class.
The Association of Financial Advisers fears that ASIC's FY21 industry levy will blow out even more than its estimates.
Willis Towers Watson appointed a new lead for its investments team in Australia as the incumbent moves to client consulting.
Property developer ID_Land announced it is getting into private funds management, targeting Australia's high-net-worths.
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