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| | | ... $1.6 trillion (£800bn) in managed assets by 2030. The pension consolidation will become law through the Pension Schemes Bill, expected to be introduced this summer. The deadline for local government pension scheme asset pooling is March 2026. According ... |
| | | | Aware Super is bolstering its risk management and compliance team with a senior hire from Marsh McLennan, the global risk and insurance giant. The $200 billion industry fund has appointed Norlena Brouwer as head of business risk and compliance for enablement ... |
| | | | Russell Investments has appointed Andrew Pease as head of investments for Asia-Pacific as the US asset manager deepens its regional presence amid volatile markets. Pease, who recently served as global chief investment strategist, brings over 30 years ... |
| | | | The dust has barely settled on the merger that created CareSuper as it is today and chief executive Jason Murray is gearing up for another in mere months - but he's not looking to make a habit of it. On November 1, CareSuper and Spirit Super finalised ... |
| | | | BlackRock Australia is set to launch its first local active ETF, bringing a US equities strategy. The iShares US Factor Rotation Active ETF (ASX: IACT), expected to list on the ASX in mid-June, is priced at 0.45%. It aims to outperform the broad US ... |
| | | | APRA's quarterly superannuation statistics have lifted the lid on the ongoing battle for Australia's retirement assets; industry funds charged forward, retail funds made gains without breaking into a sprint, while corporate funds retreated further. ... |
| | | | ... comes to the court applying large penalties on profit-to-member funds, Constant said concerns that members might foot the bill is a "sideshow". "They've said it to us, and they have said it publicly, 'We need to do better'. So, I don't think ... |
| | | | QIC has completed a $370 million equity raise and $1.6 billion debt refinancing for Pacific Energy Group (PEG) for a contracted capacity of 946 megawatts (MW) across 48 sites. The equity commitments came from investors across Australia, Asia and North ... |
| | | | Fire and Emergency Services Superannuation Fund (FES Super) has renewed its partnership with SS&C Technologies for administration services, as the software solutions provider aims to expand its involvement across the Australian super sector. FES Super ... |
| | | | Centuria Capital has divested three industrial assets in Southeast Queensland at an average sales premium of 25%. The real estate funds manager said it capitalised on strong investment demand for industrial assets, benefiting from tailwinds created ... |
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