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| | | The $174 billion manager owned by industry funds will reduce the carbon footprint of its infrastructure assets by 40% by 2030, as it heads down the path to net zero by 2050. IFM Investors has set its interim emissions reduction target for the infrastructure ... |
| | | | Funds will have to shift the way they communicate risk to members and rethink portfolios as the outlook for defensive assets changes in the coming years. That was the consensus from a panel at the Australian Institute of Superannuation Trustees (AIST) ... |
| | | | The alarming rate that financial advice is increasingly becoming unaffordable for everyday Australians further cements the position of the rich and powerful, an inquiry heard this morning. The Association of Financial Advisers president Michael Nowak ... |
| | | | The Governance Institute of Australia has named a former superannuation association chief executive as its new chair. Pauline Vamos joined the national membership association for governance professionals in July. She replaces Andrew Leake, who was president ... |
| | | | Financial advice technology provider Padua has appointed a chair from the telecommunications industry. Amaysim founder and former chief executive Peter O'Connell will chair the board at Padua. His Amaysim business sold to Optus this year. O'Connell ... |
| | | | QIC has hired from AMP's infrastructure debt team again, as it builds out its newly launched private debt team. Evan Nahnsen has joined QIC's New York offices as its head of private debt, infrastructure. He was most recently a principal on AMP's ... |
| | | | ... Wilsons chief executive Brad Gale said. "Craigs is a fantastic business in New Zealand and have been an excellent partner of ours over the last six years. Neil Craig, Craigs acting chief executive, continues on the board." The latest development comes ... |
| | | | ... funds, including Equip and Catholic, where there are rollouts. Those rollouts are making a number of funds - mercifully, not ours - cash-flow negative. That is a major concern for them and an imperative to have conversations with larger funds to merge," ... |
| | | | Aware Super has appointed an index solutions provider to take care of its passive equity and fixed income mandates. State Street Global Advisers will now manage about $30 billion in passive strategies for the $145 billion fund. The appointment follows ... |
| | | | NZ Super has announced a new general manager, portfolio completion to oversee the implementation of its reference portfolio. The Guardians of New Zealand Superannuation, the entity which manages the NZ $57 billion fund, promoted George Crosby to the ... |
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