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Showing 1051 - 1060 of 4670 results for "Fund I"

ACSRF expands digital partnership

KARREN VERGARA  |  FRIDAY, 29 OCT 2021
The Australian Catholic Superannuation and Retirement Fund is expanding its digital partnership with SS&C. SS&C Bluedoor will provide a new mobile app for ACSRF's 86,000 members in which super and pension information can be accessed in real time. ...

$450 super threshold to be scrapped

ELIZABETH MCARTHUR  |  THURSDAY, 28 OCT 2021
The government has moved on its election promise to scrap the $450 threshold for superannuation. Minister for superannuation, financial services, the digital economy and women's financial security Jane Hume said a bill introduced to Parliament yesterday ...

Future Fund becoming more expensive to operate

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
The cost of running the Future Fund has increased significantly during the 2021 financial year to 2.49%. According to Rainmaker analysis, the cost has jumped from 1.13% in FY20 and 1.57% in FY18. These figures comprise operating costs and look-through ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
The newly merged LGIAsuper and Energy Super have scrapped a weekly administration fee and will retain an annual fee as a result of scale benefits. Members of the superannuation fund will no longer be charged a $1 weekly administration fee and will pay ...

Centuria, MAF make joint acquisition

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
Centuria Capital Group and MA Financial Group (MAF) have partnered to acquire an office site in Adelaide. Both groups will take a 50% interest in 25 Grenfell Street in the Adelaide CBD for $83.3 million each. The 24-level office building will be jointly ...

Future Fund hits $199 billion

ELIZABETH MCARTHUR  |  TUESDAY, 26 OCT 2021
Future Fund's latest portfolio update shows the sovereign wealth fund is just shy of hitting $200 billion. "After the exceptional 22% return in 2020-21, the Future Fund continued to grow in the September 2021 quarter. Delivering a 10-year return of ...

Family offices back Regal resources fund

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
A small group of family offices have backed a new long/short resources fund from Regal Funds Management to the tune of $90 million. Regal said it was recently approached by a small group of family office clients requesting an ability to gain a singular ...

AMP reports mixed quarter

JAMIE WILLIAMSON  |  THURSDAY, 21 OCT 2021
AMP's wealth management business saw $1.4 billion in outflows last quarter and AMP Capital's assets dropped by $7 billion; however, its North platform swelled by $1.7 billion. Providing a quarterly update to the ASX this morning, AMP said improved ...

Montgomery adds to global strategy

ANNABELLE DICKSON  |  TUESDAY, 19 OCT 2021
Montgomery Investment Management is adding another fund from US-based Polen Capital to its Australian and New Zealand offering. The Polen Capital Global Small and Mid Cap Fund will be available to investors on October 21 following the partnership between ...

360 Capital bids for property fund manager

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... to take over ASX-listed Irongate Group (IAP). It currently has a 20% stake in IAP. IAP runs two funds: Irongate Property Fund I and Irongate Property Fund II. 360 Capital is offering $1.65 per share in IAP. The bid price factors in a 10% premium to IAP's ...