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Showing 1071 - 1080 of 14064 results for "State"

ESSSuper shifts members to new default option

KARREN VERGARA  |  MONDAY, 21 OCT 2024
... savings of more than $37 billion split across defined benefit and accumulation net assets. It originally served the Victorian state government, its employer agencies, and their employees, administering statutory defined benefit superannuation funds and ...

Charter Hall, Hostplus takeover offer for HPI rejected

ELIZA BAVIN  |  MONDAY, 21 OCT 2024
Charter Hall and Hostplus have missed out on the acquisition of Hotel Property Investments (HPI) after the group rejected the "best and final" offer. Charter Hall and Hostplus increased their offer price to $3.85 per security in cash, up from the previous ...

VFMC investment team takes shape

ELIZABETH FRY  |  FRIDAY, 18 OCT 2024
... me, rather than directly to me," explained the chief investment officer at the $92 billion investment arm of the Victorian state government. Creating this last role is significant because much of Clarke's time is devoted to working with and supervising ...

Australian Ethical FUM nears $13bn

MATTHEW WAI  |  FRIDAY, 18 OCT 2024
... works, adding that its transformational initiatives are "progressing well." "The transition of our custody administration to State Street is on track to be completed by November 1, and the transition to the GROW Inc superannuation administration platform ...

Mandate appointments sink to new lows

ANDREW MCKEAN  |  THURSDAY, 17 OCT 2024
... The super funds with the most mandates overall, however, are Hostplus (311), by a wide margin, followed by HESTA (147), State Super (143), Aware Super (128), and Cbus (127). Other funds with a significant number of mandates include Telstra Super, Australian ...

Property fund management firm loses AFSL

MATTHEW WAI  |  TUESDAY, 15 OCT 2024
ASIC has stripped the Australian financial services licence (AFSL) of Aretean Ltd Pty, trading as Aretean Capital, following the fund manager's failure to comply with its obligations. Aretean Capital boasts assets under management of over $250 million ...

Monochrome launches Ethereum ETF

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... expertise in digital assets. The fund's crypto-asset custodians are Gemini Trust and BitGo Trust, and its administrator is State Street Australia. Monochrome chief executive Jeff Yew told Financial Standard that IETH stands out because of its "unique ...

Australian Ethical drops investment fees

ELIZA BAVIN  |  MONDAY, 14 OCT 2024
... costs rise from nil to 0.02% and nil to 0.01% respectively. The changes come after the fund announced it would transition to State Street for custody and investment administration, effective 1 November 2024, replacing NAB. In addition, the fund said ...

IFM Investors loses top executive

ELIZABETH FRY  |  FRIDAY, 11 OCT 2024
... Pacific - its operational and implementation consulting business - and was the regional director. Before that, she worked at State Street for 12 years in many senior roles, including as the head of State Street's local operations and client service ...

Insignia Financial to trial four-day work week

JAMIE WILLIAMSON  |  FRIDAY, 11 OCT 2024
Insignia Financial is set to pilot a four-day work week, a win for employees in recent Enterprise Agreement (EA) negotiations. The Finance Sector Union (FSU) and Insignia Financial have capped months of bargaining, with 68% of employees voting in favour ...