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Showing 1591 - 1600 of 9740 results for "Major"

Managed accounts surpass $100bn

ANNABELLE DICKSON  |  WEDNESDAY, 15 SEP 2021
The take up of managed accounts continues to grow with the industry growing $15.8 billion in the last six months to $111 billion, new research shows. The Institute of Managed Account Professionals (IMAP) and Milliman's latest Managed Accounts FUM Census ...

Pension fund backs Aussie insurance distributor

JAMIE WILLIAMSON  |  TUESDAY, 14 SEP 2021
A major Canadian pension fund has taken a 33.4% stake in the Greenstone, the Sydney-based distributor of several retail insurance brands. Ontario Teachers' Pension Plan Board has reached an agreement to acquire the stake from fellow Canadian pension ...

CIMIC wins $1.18bn infra upgrade contract

KANIKA SOOD  |  MONDAY, 13 SEP 2021
... managing director Jason Spears said. "Our teams are highly skilled in delivering complex transport projects in the centre of major cities and will work closely with all stakeholders to safely deliver this upgrade while minimising disruption on what is ...

Adviser ETF take-up continues

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... charge much higher fees, is also facilitating the growth of the ETF market, he said. The findings form part VanEck's major survey of ETF investors, which had at total of 3047 responses. Broadly, self-directed or retail investors are also flocking ...

Investors demand credible climate information

ANNABELLE DICKSON  |  MONDAY, 13 SEP 2021
... informed by news or company websites (37%). "We are all familiar with big institutional investors, superannuation funds and major banks calling for greater disclosures and management of climate risk, but what this survey shows is it is equally important ...

ETFs hit $125bn milestone

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
Australia's exchange-traded fund sector reached another milestone, hitting $125 billion in August. Equity ETFs continue to dominate inflows, representing the majority (85%) of total flows for the month. International equity ETFs had over $1.4 billion ...

Colonial First State faces penalties for MySuper conduct

KANIKA SOOD  |  WEDNESDAY, 8 SEP 2021
The Federal Court has found Colonial First State misled members of its FirstChoice Fund on at least 12,978 occasions over nearly two years in relation to switching to its MySuper product. The court found CFS's communication (via letters and calls) ...

Retail, corporate funds lack transparency on ESG votes

KARREN VERGARA  |  TUESDAY, 7 SEP 2021
Retail and corporate super funds continue to show a poor track record of how they vote on environmental, social and governance matters, new research shows. According to the Australasian Centre for Corporate Responsibility (ACCR), which analysed the ...

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... and causing an increase in costs. The fund said the regulations also reduce the opportunity for super funds to partner on major projects because they mean commercial information about their holdings will be disclosed and would thereby reduce the commercial ...

AMP Capital divests majority stake in train company

KARREN VERGARA  |  MONDAY, 6 SEP 2021
AMP Capital will sell over half of its stake in a train leasing company based in the UK. A consortium comprising the Public Sector Pension Investment Board (PSP Investments) and funds advised and managed by the Amber Infrastructure Group agreed to acquire ...