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Fidante partners with Proterra Asia

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... a highly productive collaboration with Fidante over the past few years, "including most recently in the successful final close of Proterra Asia Food Fund 3 in October 2022." "We are pleased to be deepening our relationship with Fidante through this minority ...

TelstraSuper introduces new option, drops premiums

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
TelstraSuper is making changes to its investment menu, while also decreasing income protection premiums for members. The $25 billion corporate fund is introducing a new option for accumulation and TTR members from next month, the Moderate investment ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
Cath Bowtell will become IFM Investors' new chair, as former politician Lindsay Tanner joins the board as an independent director. Bowtell, who currently serves as the group's deputy chair, chair of the people and remuneration committee and ...

Centuria looks to grow WA portfolio

CHLOE WALKER  |  FRIDAY, 23 JUN 2023
The latest purchase of a $16 million Busselton neighbourhood shopping centre reflects the group's increased focus on the golden state, according to head of retail Bruce McCully. The daily needs neighbourhood shopping centre is anchored by a Coles ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... Recently Dexus announced it exchanged contracts to sell Axxess Corporate Park in Mount Waverley Victoria as well as Forbes Close and Market Street assets. Experts expect ongoing volatility in the property market, however explained, the listed market ...

Hamilton Lane welcomes local head of private wealth

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
... product director and investment specialist position within Invesco's absolute return multi-asset team in the UK for close to three years and was director of wholesale sales in Australia for more than four. Prior to Invesco, he worked at BT Investment ...

Bank of England launches first system- wide stress test

CASSANDRA BALDINI  |  TUESDAY, 20 JUN 2023
The Bank of England (BoE) overnight launched its first system-wide stress test to understand the behaviours of banks and non-bank financial institutions (NBFIs) in volatile financial markets. Recent chaos across UK markets has led to the system-wide ...

ASIC releases May exam pass rate

KARREN VERGARA  |  MONDAY, 19 JUN 2023
... and decision making. The next exam sitting will be held on August 10. Enrolments for the August sitting open on July 3 and close on July 21.

Fidelity hires former Lonsec investment chief

CASSANDRA BALDINI  |  MONDAY, 19 JUN 2023
Former Lonsec chief investment officer Lukasz de Pourbaix has been appointed to the role of global cross-asset specialist and will be based in Sydney. He will report to Fidelity Australia managing director Lawrence Hanson and work closely with clients ...

Labor advances super performance test changes

KARREN VERGARA  |  MONDAY, 19 JUN 2023
As the government unveils a raft of updates to the superannuation performance test, due to take effect in August, some trustees are worried that it subjects Choice products to a rigid criterion. As previously flagged, all products will be subject to ...