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Showing 1671 - 1680 of 10361 results for "Trust"

Australian Retirement Trust adds $12.3bn via CBA Group Super transfer

JAMIE WILLIAMSON  |  MONDAY, 20 NOV 2023
Members of Commonwealth Bank Group Super (CBA Group Super) have officially transitioned to Australian Retirement Trust (ART), marking the latter's largest corporate merger. The two funds have completed the successor fund transfer, initially agreed ...

Objective of super bill lands in parliament

ANDREW MCKEAN  |  FRIDAY, 17 NOV 2023
Treasurer Jim Chalmers has tabled a new bill in Parliament to legislate an objective of superannuation, aimed at securing a dignified retirement for more Australians. The Superannuation (Objective) Bill 2023, which was introduced to Parliament yesterday ...

Advisers turning to cash, fixed income: Data

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... scrutinising both performance and fees more closely. On the flip side, it underscored that inadequate performance and a lack of trust are key reasons for advisers discontinuing relationships with fund managers. Advisers are also advocating for a revival ...

Lombard Odier breaks into Australia, issues private credit mandate

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... awarded a mandate to Equity Trustees for its first offering in Australia. The LOIM Sustainable Private Credit (Australia) Unit Trust seeks to deliver investors capital preservation and risk adjusted returns through senior secured private credit loans ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
... to accelerate growth. "Today is an exciting and important day for First Sentier Investors, our shareholder Mitsubishi UFJ Trust and Banking Corporation, and our new partner AlbaCore," he said. "The alternative credit capabilities that AlbaCore brings ...

Institutional investor tips $30m into new Mantis offer

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
The Magnetar Relative Value Unit Trust, seeded by an unknown local institutional investor, is a feeder into a Cayman master fund managed by Magnetar Capital (Magnetar) and distributed by Mantis Funds (Mantis). Magnetar is a US-based multi-strategy alternative ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
Rochford Group launched a hedging solution for managed accounts that hold USD assets, to meet the growing need to simplify the management of AUD/USD currency exposures. Rochford Group has appointed Equity Trustees as responsible entity of its new fund ...

ASIC to crack down on superannuation misconduct

ANDREW MCKEAN  |  WEDNESDAY, 15 NOV 2023
... released today, the corporate regulator signalled that tackling misconduct is a "key priority" and requisite to maintaining trust and integrity in the financial system. The corporate regulator's update highlighted its actions from July to September ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... and staff will continue to enjoy access to this growing advice network." Separately, Australian Unity Healthcare Property Trust (AUHPT) has announced the successful completion of its first issuance of senior, unsecured, six-year fixed rate A$ Medium ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... sources in the services offered and the delivery model adopted. Last but certainly not least, assessments of resilience and trust will be a priority for banks in the future. It highlighted the important role that banks will play in protecting and supporting ...