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Showing 1111 - 1120 of 12781 results for "Change"

Future Fund annual return 'very strong'

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
The Future Fund delivered a 9.1% annual return in FY24, adding $18.8 billion to the portfolio, bringing the sovereign wealth fund's total value to $224.9 billion. This performance lifts its 10-year average annual return to 8.3%, exceeding a mandate ...

Mercer Super reorganises leadership, chief executive changes roles

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
... She joined Mercer in 2007 and has since held a succession of senior leadership roles with a focus on "transformational change." She will report to Mercer Pacific Wealth chief executive Cathy Hales, who joined the firm last year and will also continue ...

ClearBridge launches new ESG fund

MATTHEW WAI  |  WEDNESDAY, 4 SEP 2024
... three core pillars of Enablers, Reformers, and Promoters. "We are focused on companies that we believe are committed to change. We think there's a lot of opportunity in companies the market doesn't classify as ESG friendly or which have not had ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... adjusting its growth/defensive allocation from 74%/26% to 70%/30%. The industry fund's growth option will also see a change, moving from 90%/10% to 83%/17%, while its sustainable option will adjust from 75%/25% to 70%/30%. Spirit Super said that ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... fund's portfolio exposures under the previous full team have largely remained in place while a process to consider any change of investment manager is underway," CFS wrote to investors yesterday. On August 22, Ironbark announced it will tear up its ...

Consultation begins on new merger notification thresholds

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
The government has begun consultation on proposed changes to merger notification thresholds as part of broader reforms designed to boost competition and productivity. Treasurer Jim Chalmers said in a joint statement said that they're designed to ensure ...

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

ANDREW MCKEAN  |  MONDAY, 2 SEP 2024
... contributions can have an impact," he said. Constant, on the other hand, said that super funds' services to members "need to change" to match customer expectations, questioning whether members receive the same level of clarity about what's happening ...

Rest rebrands with new look

KARREN VERGARA  |  MONDAY, 2 SEP 2024
... investment options to be closed are: Bonds, Property, Diversified, Shares, Australian Shares, and Overseas Shares. Another change is renaming the MySuper default option from Core Strategy to Growth. "Our refreshed visual brand is aligned to our members ...

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
... trades, ASIC said. Although the regulatory data failures are considered "inadvertent", resulting from a planned system change to CLSA's global order management system (Cobra), the MDP believes the changes made without appreciation for the global impact ...

All MySuper products pass super performance test

KARREN VERGARA  |  FRIDAY, 30 AUG 2024
All MySuper products passed this year's superannuation performance test with flying colours for the first time, while some trustee directed products (TDPs) need to lift their game, according to APRA. APRA assessed the performance of 57 MySuper products ...