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Showing 1291 - 1300 of 10550 results for "BEI"

Equip Super welcomes new chair

CHLOE WALKER  |  TUESDAY, 17 OCT 2023
Michael Cameron will become the fund's new chair, replacing Danny Casey. Taking over in November, Cameron will lead Equip Super's nine-person board, consisting of three independent directors, three member directors, and three employer directors. ...

PSK acquires Perth-based advice group

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
PSK Private Wealth is expanding into Perth with the acquisition of Sage Financial Group. Sage has more than 30 years of history, founded by Peter Tucker and John O'Neill in 1989. Under the acquisition, all its team, comprised of 20 employees and ...

Challenger posts record annuity sales

CASSANDRA BALDINI  |  TUESDAY, 17 OCT 2023
Challenger reported Total Life sales for the first quarter reached $2.8 billion, primarily driven by record annuity sales, contributing to substantial growth in its book value. The investment manager said annuity sales jumped by 17% to $2.1 billion ...

ISPT to offload retail, office properties

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2023
Following a strategic review, Industry Super Property Trust (ISPT) is selling five assets, including Melbourne's GPO and a Sydney office building. An assessment of ISPT's $17.7 billion Core Fund identified five assets that do not align "with ...

The Voice is not at the expense of the economy: Chalmers

CASSANDRA BALDINI  |  FRIDAY, 13 OCT 2023
Treasurer Jim Chalmers has refuted claims that the government's push to incorporate a Voice to Parliament has come at the expense of the economy. Tomorrow, millions of Australians will hit the polls and decide if a First Nations' Voice to Parliament ...

Investors warned on human rights risk in Israel-Hamas conflict

RACHEL ALEMBAKIS  |  FRIDAY, 13 OCT 2023
The escalation of armed violence in Israel and the Occupied Palestinian Territory (OPT) raises investor concerns over business responsibility under international humanitarian law (IHL). Investors are increasingly interested in understanding their risks ...

EQT buys VetPartners

CHLOE WALKER  |  THURSDAY, 12 OCT 2023
The Swedish-based firm will acquire VetPartners from National Veterinary Associates (NVA) via its BPEA Private Equity Fund VIII. As a part of the transaction, BPEA VIII is expected to be 35-40% invested in VetPartners, subject to customary regulatory ...

Ireland to create new sovereign wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 OCT 2023
The Irish government will establish the Future Ireland Fund to help meet costs of the future, including those posed by its ageing population, and is targeting €100 billion by the mid-2030s. Announced as part of the country's 2024 budget package, finance ...

APRA moves to unmask super funds' spending secrets

ANDREW MCKEAN  |  WEDNESDAY, 11 OCT 2023
APRA is advancing proposals to enhance transparency in how superannuation funds spend and invest members' money. The prudential regulator is proposing to publish total expenses for the industry by category and by internal, related outsourced and ...

Multi-asset funds see $1bn exodus

KARREN VERGARA  |  WEDNESDAY, 11 OCT 2023
Multi-asset funds recorded their fourth consecutive quarter of outflows, losing nearly $1 billion in the last 12 months, new data from Calastone finds. The year to September 2023 saw multi-asset funds suffer $974 million in outflows, the longest run ...