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Showing 1051 - 1060 of 10361 results for "Trust"

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

Treasury drafts superannuation retirement income principles

ANDREW MCKEAN  |  MONDAY, 24 FEB 2025
A confidential Treasury draft proposal obtained by Financial Standard outlines voluntary principles for the design and delivery of superannuation retirement income solutions, extending beyond the obligations of the Retirement Income Covenant. The principles ...

AZ NGA positions for growth with key appointment

JAMIE WILLIAMSON  |  MONDAY, 24 FEB 2025
... serving 18 months as chief financial and operating officer. Prior, she served as chief financial officer at AUB Group and The Trust Company, which was acquired by Perpetual in December 2013. She's also previously worked at AMP and Bank of America Merrill ...

PIMCO local managing director to step down

KARREN VERGARA  |  MONDAY, 24 FEB 2025
... Citigroup Asset Management based between London and New York. He also spent time at J.P. Morgan Asset Management and Bankers Trust based in Australia. Stewart was in the role for nearly 18 months before he moved on to become the chief executive of Allianz ...

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... The delegates, which include the Future Fund, IFM Investors, Super Members Council, AustralianSuper, Australian Retirement Trust, Cbus, HESTA, Hostplus, Aware Super, CareSuper, Rest, Brighter Super, UniSuper, and the Association of Superannuation Funds ...

Perpetual calls off KKR deal

KARREN VERGARA  |  MONDAY, 24 FEB 2025
Perpetual has ended KKR's courtship of its wealth management and corporate trust operations, blaming the massive tax bill the transaction would incur, saying there was no way of getting around it. Since tabulating the tax implications last December ...

Superannuation powerbrokers bound for US investment summit

ANDREW MCKEAN  |  FRIDAY, 21 FEB 2025
... The delegates, which include the Future Fund, IFM Investors, Super Members Council, AustralianSuper, Australian Retirement Trust, Cbus, HESTA, Hostplus, Aware Super, CareSuper, Rest, Brighter Super, UniSuper, and the Association of Superannuation Funds ...

Multiple account bungle costs AustralianSuper $27m

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
... said this penalty reflects the severity of the misconduct by Australia's largest superannuation fund which betrayed the trust of its members and did not act in their best financial interests. "This was exacerbated by a systemic failure to escalate and ...

Alpencrest ramps up expansion, signs Aussie affiliate

KARREN VERGARA  |  FRIDAY, 21 FEB 2025
Alpencrest Capital, a funds management incubator focused on distribution, has signed up its fifth affiliate and expects to come to market with three unit trusts in five months' time. Read Price and Camilla Love set up Alpencrest 18 months ago and officially ...

Next decade could bring back the conservative portfolio

ELIZA BAVIN  |  FRIDAY, 21 FEB 2025
Australian Retirement Trust (ART) chief economist Brian Parker told the Financial Standard Chief Economist Forum that investors should be wary of the coming decade, with more volatility expected. "The last 10 to 20 years, we have seen a rising tide ...