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Showing 131 - 140 of 474 results for "LEI"

Asgard, Future Super shamed on ERS

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUN 2020
At a hearing of the House of Representatives Standing Committee on Economics that was supposed to focus on ME Bank's recent troubles, the super funds performing poorly in terms of early release copped surprise criticism. APRA had advised that early ...

COVID-19 drives Aussies to check exemptions

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
In one of the most tragic of COVID-19 consequences, the pandemic is driving Australians to ask their life insurers whether their policies cover them for suicide, the House of Representatives Standing Committee on Economic has heard. Appearing before ...

Advice chief leaves industry fund giant

HARRISON WORLEY  |  THURSDAY, 30 APR 2020
The financial advice chief of a major industry superannuation fund has departed, as the fund's leadership shuffles. UniSuper chief of financial advice John (Jack) McCartney left the $86 billion industry fund late last month, after more than six ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
Despite all the jaw dropping falls that investors have endured during the COVID-19 crisis, the US oil price crash overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
Gone are the days of 'business as usual' with Australia's capital cities and skyscrapers empty and its employees now working from the comfort (and safety) of their homes. But what impact will this have on our real estate investments? Prior ...

J.P. Morgan offloads Melbourne properties

ELIZA BAVIN  |  FRIDAY, 6 MAR 2020
J.P. Morgan is moving to divest two Melbourne-based properties as vacancy rates in Melbourne fall to record lows. The two properties include St Collins Lane mall and a Southbank office tower known as Twenty8 Freshwater Place. The asset manager bought ...

Former Goldman Sachs exec charged over $62m bribery

ELIZABETH MCARTHUR  |  TUESDAY, 17 DEC 2019
Former Goldman Sachs managing director Tim Leissner has been charged with bribery in relation to the high profile 1MDB sovereign wealth scandal. The US Securities and Exchange Commission has brought charges against Leissner for allegedly engaging in ...

Industry fund in investment rejig, lead departs

HARRISON WORLEY  |  THURSDAY, 12 DEC 2019
A $6.5 billion industry superannuation fund is making a raft of changes to its investment function, which will see the departure of its head of investment strategy. Following recommendations from asset consultant JANA Investment Advisers, LUCRF Super ...

Underperformers should not be allowed new members: Silk

HARRISON WORLEY  |  THURSDAY, 21 NOV 2019
Australians should not be able to be defaulted into or even be able to choose to enter an underperforming superannuation fund, according to AustralianSuper chief executive Ian Silk. Appearing before the House of Representatives Standing Committee on ...

Macquarie, Tasplan and QIC shuffle airports

HARRISON WORLEY  |  WEDNESDAY, 2 OCT 2019
Macquarie's infrastructure arm picked up one airport, and dumped another. In the space of only a couple of days, Macquarie Infrastructure and Real Assets purchased the United Kingdom's only dedicated business airport, Farnborough Airport and sold its ...