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Geopolitics to change ESG approach: Survey

ELIZABETH MCARTHUR  |  TUESDAY, 12 APR 2022
A new survey from bfinance has found 39% of investors predict re-evaluation of ESG approach due to recent geopolitical developments. This is according to a snap poll from bfinance of 418 institutional investors from 39 different countries. The results ...

Cbus, Media Super merger complete

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... well-performing funds, both being laser focussed on member outcomes. "Media Super members now benefit from merging with a top tier performer who shares a like-minded commitment to member outcomes, and from the greater efficiencies this final stage now ...

Mawhinney appeals 20-year ban

ELIZABETH MCARTHUR  |  MONDAY, 11 APR 2022
... appeal cases will allow us to rebuild and set a course for our investors to be made whole. Our investors have always been our top priority and today's steps are an important milestone toward protecting their interests. We won't rest until this is made ...

Citi alumna returns to strengthen superannuation offering

CHLOE WALKER  |  FRIDAY, 8 APR 2022
... said. "Nicki will work closely with product partners and the global relationship management team to ensure Citi remains a top tier global counterparty for this sector." Commenting on her appointment, Ashton said: "I am thrilled to return to Citi. Throughout ...

Hostplus expands IP Group commitment

JAMIE WILLIAMSON  |  FRIDAY, 8 APR 2022
... IP Group Australia chief investment officer Alistair McCreadie said. "The IP Group Hostplus Innovation Fund has delivered top quartile returns, proving the investment opportunity of creating deep tech companies from high-quality scientific research. ...

Labor vows to review YFYS test

RACHEL ALEMBAKIS  |  FRIDAY, 8 APR 2022
Appearing at an industry conference yesterday, the shadow minister for financial services and superannuation vowed to review the Your Future, Your Super (YFYS) performance test if elected, citing "unintended and negative consequences" for ESG investing. ...

Aussie government debt to double: Janus Henderson

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
... economy, amounting to additional debt worth over a fifth (22%) of its GDP," the report reads. "This puts Australia at the top end of the global response in the last two years, taking on a larger additional debt burden than the UK and US (20%) and France ...

Mantis adds Zerocap crypto fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 APR 2022
In its latest distribution partnership, Mantis Funds has added Zerocap's crypto fund strategies to its platform. Zerocap is a specialist crypto manager, its flagship fund is the Smart Beta Bitcoin Fund, and this is its first distribution partnership ...

Tax, welfare reform on election agenda

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... massive difference to the lives of the bottom 20% of income earners while only making a minimal change to the earnings of the top 20%," ANU associate professor Ben Phillips said. "Under our proposed changes the highest income earners would still retire ...

Mason Stevens names chief investment officer

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
... discipline and rigour," he said. "She is an experienced 'hands on' portfolio manager and has a proven track record of delivering top quartile returns." Mason Stevens has also added a chief financial officer to its leadership team in Wayne Twomey. He ...