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Showing 121 - 130 of 2424 results for "NEC"

Trump signs order to open 401(k)s to private markets

JAMIE WILLIAMSON  |  FRIDAY, 8 AUG 2025
Citing better returns and diversification benefits, US President Donald Trump signed an executive order to allow alternative assets, including cryptocurrencies, into 401(k) plans. The order calls for a review of the Department of Labor's guidance on ...

Payday super delays will cost workers: ASFA

ELIZA BAVIN  |  FRIDAY, 8 AUG 2025
The Association of Superannuation Funds of Australia (ASFA) has called on the government to get payday super reforms signed into law as soon as possible before the proposed start date of 1 July 2026. The super lobby group said any delays to the law ...

Pinnacle FUM soars, highlights 'tumultuous' year

ELIZA BAVIN  |  WEDNESDAY, 6 AUG 2025
Pinnacle Investment Management has delivered a positive full-year result, reporting a net profit after tax of $134.4 million, up from $90.4 million in FY24. Pinnacle also saw funds under management lifting from $110 billion in FY24 to $179.4 billion ...

Rest boosts impact, sustainability investments

MATTHEW WAI  |  THURSDAY, 31 JUL 2025
Rest has handed $232 million to specialist climate investment firm Wollemi Capital, which will now launch its first managed vehicle. The invested capital comes from the superannuation fund's Growth Alternative strategy. Rest said the investment ...

Special feature: Shaping private markets

ELIZABETH FRY  |  TUESDAY, 29 JUL 2025
Custodians are stepping up as regulators target super funds' $3.5 trillion private asset rush. Australia's super funds face mounting scrutiny over their rapid shift into private markets, as concerns grow about transparency, valuations and liquidity ...

Federated Hermes 'not far away' from launching Australian wholesale products

MATTHEW WAI  |  THURSDAY, 24 JUL 2025
Federated Hermes has primarily engaged with the institutional market, notably superannuation funds, in Australia, but this is set to change as the firm looks to tap into the local wholesale market. Federated Hermes international head of sales Clive ...

Section 899 ditched but companies face tax uncertainties

KARREN VERGARA  |  MONDAY, 14 JUL 2025
While Australian investors breathed a resounding sigh of relief when US President Donald Trump binned section 899 of the One Big Beautiful Bill Act (OBBBA), local multinationals, however, were lumped with grave uncertainties surrounding the global Pillar ...

Platinum executives depart amid merger talks

ELIZABETH FRY  |  THURSDAY, 10 JUL 2025
Three executives at Platinum Asset Management have departed as the asset manager finalises its merger with L1 Capital. Platinum's head of investment Douglas Isles and head of institutional distribution Charlie Brooks have both exited the business ...

Cbus, Rest deliver 'strong' returns amid heightened volatility

MATTHEW WAI  |  FRIDAY, 4 JUL 2025
Cbus and Rest have reported their results for the financial year ending June 30, sharing common themes in success from both domestic and global investments. Cbus Growth MySuper investment option returned 10.29% throughout the period. Its High Growth ...

Improved economy not a guarantee of business success

MATTHEW WAI  |  THURSDAY, 3 JUL 2025
While Australia's chief financial officers are confident the economy has passed its low point, this doesn't necessarily stretch to their own business performance over the next 12 months. Deloitte's biannual CFO Sentiment report gathers responses from ...