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Showing 1551 - 1560 of 4672 results for "Fund I"

Ontario Teachers' takes stake in Sydney desal plant

ELIZABETH MCARTHUR  |  THURSDAY, 26 MAR 2020
The $201 billion Ontario Teachers' Pension Plan along with Morrison & Co, on behalf of the Utilities Trust of Australia have acquired The Infrastructure Fund's ownership stake in the Sydney Desalination Plant. Following the transaction, Ontario Teachers' ...

Super funds revalue unlisted assets

HARRISON WORLEY  |  WEDNESDAY, 25 MAR 2020
Some of the nation's largest superannuation funds have revalued their unlisted assets to give members an up-to-date understanding of how COVID-19 is hitting their retirement savings. AustralianSuper has cut the value of its unlisted assets to the tune ...

Industry fund boss exits

HARRISON WORLEY  |  TUESDAY, 24 MAR 2020
The chief executive of a $6 billion industry superannuation fund is stepping down, with his successor named. Graeme Russell will walk away from the top job at Media Super on April 6, after more than seven years with the industry super fund. Russell ...

Perpetual exits MySuper

JAMIE WILLIAMSON  |  FRIDAY, 20 MAR 2020
A $16.5 billion industry superannuation fund is set to take over Perpetual's MySuper offering in a successor fund transfer. On or around May 1 members of Perpetual MySuper will transfer to CareSuper. According to Rainmaker data, the transfer will ...

Ellerston, Morphic look to oust Perpetual

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
Ellerston Capital wants to take over as the responsible entity of a $75 million fund managed by Morphic Asset Management, saying it can offer investors a better deal on the fees. The Morphic Global Opportunities Fund invests in global equities and is ...

AMP Life, AMP Capital fined

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
AMP Life and AMP Capital have paid hefty penalties following infringement notices issued by ASIC. AMP Life paid $275,500 and AMP Capital paid $250,500. "ASIC issued the infringement notices as it considers there are reasonable grounds to believe there ...

ASIC drags CFS to court over MySuper

ELIZABETH MCARTHUR  |  TUESDAY, 17 MAR 2020
ASIC has commenced civil proceedings in the Federal Court against Colonial First State, alleging that it engaged in misleading communication with members. Following the introduction of legislation in 2012 that required trustees to offer members a default ...

Colonial First State ups cash for Aussie equities funds

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
Colonial First State is temporarily allowing three of its Australian equities funds to hold more cash than their investment mandates, as the ASX 200 reported its worst day ever yesterday. The $2.9 billion Colonial First State Wholesale Geared Share ...

Industry fund awards infrastructure mandate

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
An industry fund has allocated about $27 million to an unlisted infrastructure fund from First Sentier, as it diversifies its portfolio. Christian Super invested €15 million (about $27.4 million) to the First Sentier European Diversified Infrastructure ...

Coronavirus is an investment opportunity: Fidelity

ALLY SELBY  |  FRIDAY, 13 MAR 2020
COVID-19, despite its obvious health hazards and hysteria-spooked market volatility, can actually be an opportunity for investors, enabling them to purchase the market's darlings at discounted prices. That's according to Paul Taylor, portfolio ...