Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 10981 - 10990 of 29084 results for "PRI"

MyRetirement products too pricey for super funds

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Delay in progress on the development of MyRetirement (CIPRs) products may not be due to a lack of initiative from superannuation funds but rather reluctance around expenditure. A running point of discussion at the recent Conference of Major Superannuation ...

Aurora calls out 8IP directors

JAMIE WILLIAMSON  |  MONDAY, 19 MAR 2018
Aurora Funds Management is calling for the removal of three directors of Eight Investment Partners' $50 million listed investment company. Owning a 19.99% share in 8 Emerging Companies, Aurora is the largest shareholder in the LIC and said it called ...

Aussie asset manager dives into Spanish water market

DARREN SNYDER  |  MONDAY, 19 MAR 2018
One of Australia's largest infrastructure investors has splashed $1.63 billion for a 49% stake in a Spanish water management company. IFM Investors entered an agreement with Fomento de Construcciones y Contratas S.A. (FCC) to purchase 49% of its subsidiary ...

Super industry wants tougher insurance code

KARREN VERGARA  |  MONDAY, 19 MAR 2018
Industry stakeholders expect 90% of Australia's superannuation funds to sign the Insurance in Superannuation Voluntary Code of Practice before March 31, despite its several shortcomings. ANZ, AustralianSuper, MLC, MTAA Super, REST Industry Super and ...

Housing affordability fuelling negative gearing backlash

JAMIE WILLIAMSON  |  FRIDAY, 16 MAR 2018
The majority of non-property investors support the modification of negative gearing policy as fears over housing affordability grow. New research from the Australian Institute of Superannuation Trustees (AIST) shows 55% of non-property investors would ...

Former UniSuper investment analyst joins AustralianSuper

ALEX BURKE  |  FRIDAY, 16 MAR 2018
A senior investment analyst at UniSuper, who left the fund in July last year, has taken on a new role at AustralianSuper. Joseph McWilliams joins AustralianSuper as a senior business analyst. While at UniSuper, he worked in the portfolio analysis and ...

Fidante forms partnership with $500m firm

ALEX BURKE  |  FRIDAY, 16 MAR 2018
Fidante entered into a strategic partnership with and acquired a minority stake in a New York-based hedge fund firm with more than $500 million in assets under management. As part of the agreement with Latigo Partners, Fidante parent company Challenger ...

Industry fund and CommInsure unveil digital claims process

KARREN VERGARA  |  FRIDAY, 16 MAR 2018
A $3.5 billion industry superannuation fund has launched an end-to-end online insurance claims capability to benefit its 115,000 members. Prime Super members now have the ability to access claims for income protection, total and permanent disability ...

Major super funds urge asset manager code adoption

KARREN VERGARA  |  THURSDAY, 15 MAR 2018
Six leading superannuation funds have signed an open letter by the CFA Institute asking asset manager to adhere to a code of conduct in an effort to protect the interest of members. Australian Ethical, AustralianSuper, First State Super, Kinetic Super ...

JBWere senior analyst joins Perennial

ALEX BURKE  |  THURSDAY, 15 MAR 2018
A senior analyst at JBWere is taking on a new role at Perennial after eight years. Hugo Brettingham-Moore joins Perennial as an investment specialist on the retail distribution team in Melbourne. He originally joined JBWere in 2010 as an analyst, having ...