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Chief member officer departs Rest

ELIZABETH FRY  |  FRIDAY, 15 NOV 2024
... our simplified investment menu changes and our new brand visual identity. "After a fantastic career at Rest, Deborah feels now is the right time to focus on fresh challenges and move on to her next opportunity." Potts said she loved her time at Rest ...

AustralianSuper well placed to achieve mega-scale ambitions: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 15 NOV 2024
... in support of its internalisation program, such as head of equities Mark Hargreaves, Morningstar said employee retention is now a watchpoint given some key departures in recent years and the fact it takes several years for new hires to make their mark. ...

Property 'well-placed' for growth: Knight Frank

MATTHEW WAI  |  THURSDAY, 14 NOV 2024
... up next year, but flagged one major concern for investors. In its report, Australian Horizon 2025, Knight Frank found that now may be the time to invest in commercial property, particularly well-located core assets, with markets slowly pricing at a "cyclical ...

CFS expands managed accounts offering

MATTHEW WAI  |  WEDNESDAY, 13 NOV 2024
... Edge platform and Accelerate Series. T.Rowe Price, CBRE Investment Management, ClearBridge, and Lazard Asset Management can now be found on CFS Edge. This takes the total number of managed accounts to more than 150. Some $14 billion is housed across ...

Platinum exec pay hit with second strike

KARREN VERGARA  |  WEDNESDAY, 13 NOV 2024
... some of them have only been [introduced] six months ago, and some of these process enhancements that we're undertaking now are currently being rolled out," he said. Platinum received its first strike in the 2023 remuneration report with 59% of shareholders ...

Australian economy 'fundamentally sound': CBA

ELIZA BAVIN  |  WEDNESDAY, 13 NOV 2024
... anticipate seeing a substantial increase in consumer spending until the RBA commences an interest rate easing cycle, which we now expect in February 2025."

ASIC sues Cbus over insurance claim delays: 'We're sorry'

ELIZA BAVIN  |  TUESDAY, 12 NOV 2024
... management of insurance claims. "Cbus has established a compensation program for affected members which is being implemented now." The spokesperson added that Cbus has been cooperating with ASIC during its investigation and notes that the regulator has ...

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... some of them have only been [introduced] six months ago, and some of these process enhancements that we're undertaking now are currently being rolled out. So, I think they're going to bear fruit and help, and we'll continue to look at all ...

HMC Capital makes $400m acquisition

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... is consistent with its recently announced strategy to establish a Global Digital Infrastructure Platform (DigiCo). HMC has now secured $2.5 billion of strategic operating assets in Australia and is in exclusive due diligence on an additional $1.6 billion ...

Prime Super names investments lead

ELIZABETH FRY  |  FRIDAY, 8 NOV 2024
... members' retirement savings. Before that, he held several senior positions, including head of investment strategy at LUCRF Super, now part of AustralianSuper, and acting investment chief at Kinetic Super chief during its merger with Sunsuper, which ...