Pinnacle partners with former Blue Sky executivesBY KANIKA SOOD | THURSDAY, 4 APR 2019 12:19PM
Pinnacle Investment Management has taken a stake in a new boutique set up by former Blue Sky executives, after it withdrew its bid to take over management of the Blue Sky Alternatives Access Fund last year.Read more: RCP, US, Agricultural, Blue Sky Alternatives, Blue Sky Real Assets, Nick Waters, Pinnacle Investment Management, Alternative Access Fund ASX, Blue Sky Water Fund, Brent Loeskow, Brisbane-based Riparian Capital Partners, Channel Capital, Gunn Agri Partners, Ian Macoun, Kilter Rural, LIC, Matthew Houlahan, Patrick Hayden, Phil King, Regal Funds Management, WAM, Wilson Asset Management
Australia's superannuation sector is fighting a war on three different fronts, as the economic fallout of COVID-19 continues to bite.
Significant hikes in group insurance premiums have been put down to the Protecting Your Super reforms - with members of four superannuation funds facing premium increases of 34%.
APRA has asked superannuation funds to submit their in-house modelling on the magnitude of impact they are expecting from the Federal Government's special allowance for early release from superannuation.
Zenith Investment Partners wants to reverse out of its planned $12 million purchase of Chant West's superannuation business, saying the latter has been materially affected since February, but Chant West is digging its heels in.
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