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Showing 1021 - 1030 of 10611 results for "Set"

SPAC acquires Australian Food & Agriculture

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
A Nasdaq-listed firm is set to acquire the Australian Food & Agriculture Company (AFA) for $780 million, the majority of which is owned by members of the Bell family and Alastair Provan. Agriculture & Natural Solutions Acquisition Corporation (ANSC) ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. Upon receiving news the global equities team will leave RLAM to join ...

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
... the strongest start ever for the Australian ETF market. In fact, we could surpass the calendar year record of $23.6 billion set in 2021, and potentially reach an industry valuation of $1 trillion by 2030 if this momentum continues." "Artificial intelligence ...

Super funds fail to meet millennial members' expectations: ASIC roundtable

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
Super funds are falling short of millennial members' expectations, according to financial experts at an ASIC roundtable. The roundtable panellists, which included financial adviser Andrew Dunbar, She's on the Money podcast host Victoria Devine ...

Too much being asked of super trustees: Levy

ELIZA BAVIN  |  FRIDAY, 30 AUG 2024
... multiplied expectations and obligations that sit with trustees," Levy said. "It makes almost no sense. We have a system that was set up to invest saving for people's retirements and we are now at a point where we are asking trustees to solve really difficult ...

Fidelity appoints new managing director

ELIZA BAVIN  |  THURSDAY, 29 AUG 2024
... growth for Fidelity's business in Australia, and further strengthening the firm's offering for Australian investors. Glazier is set to replace Lawrence Hanson who will leave Fidelity in September 2024 for an external opportunity. Hanson has been with ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... Servicing. The investment bank said that it's completed the transition of the $13.8 billion industry super fund, which is set to merge with Active Super on 1 March 2025. The combined fund will control over $29 billion in assets and serve 170,000 members. ...

South Africa readies 'two pot' pension system

MATTHEW WAI  |  WEDNESDAY, 28 AUG 2024
... referred to as a "two pot" system. Under the scheme, from September 1, two-thirds of a person's retirement savings will be set aside and preserved until retirement. The remaining third will be placed into a second pot that individuals will have access ...

Australians robbed of super savings

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
Australians are being cheated out of $5.1 billion annually in superannuation, according to an analysis from the Super Members Council. SMC modelling showed that nearly three million people were denied $5.1 billion in superannuation entitlements in just ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... fund for Australian retail investors in August 2023. The report said as a result, managers should be aware that ASIC plans to set up a division next year to evaluate private markets, particularly concerning valuations. Separately, a regional analysis ...