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Showing 1711 - 1720 of 32429 results for "ALS"

Future Fund cleared to manage select asset classes in-house

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
Future Fund chair Greg Combet said that the $300 billion sovereign wealth fund has received the green light from the government to manage a portion of its portfolio internally, speaking at a Committee for Economic Development of Australia (CEDA) event ...

Small industry super funds beat giants on trust, service, value

ANDREW MCKEAN  |  WEDNESDAY, 18 JUN 2025
Small industry super funds lead on trust, service, and value for money, according to CoreData's annual member engagement survey. CoreData research consultant Alana Devitt told Financial Standard that members' trust in small industry funds is built through ...

CareSuper chief member officer to depart

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUN 2025
CareSuper will soon bid farewell to its chief member officer, as it welcomes a new deputy chair and two board directors. Jean-Luc Ambrosi is leaving CareSuper in August after three years with the fund. He joined CareSuper from TelstraSuper, where he'd ...

L1 Capital, Platinum merger inches closer to reality

JAMIE WILLIAMSON  |  WEDNESDAY, 18 JUN 2025
L1 Capital and Platinum Asset Management are looking to finalise the terms of their potential merger. Following due diligence, L1 Capital and Platinum have slightly adjusted the terms of their agreement. In May, when the merger was first announced ...

Increased local, international demand drives practice valuations

MATTHEW WAI  |  WEDNESDAY, 18 JUN 2025
The price multiples for financial planning practices have risen as much as 30% in the past 12 months, analysis shows. According to the annual Radar Results Price Guide, there has been a notable increase in price multiples for practices, rising between ...

Investor optimism premature, fund flows in firing line

KARREN VERGARA  |  WEDNESDAY, 18 JUN 2025
While investor sentiment has improved since Liberation Day, geopolitical and tariff uncertainties will continue to deteriorate fund flows for asset managers, Morningstar predicts. The latest Industry Pulse shows how fund manager flows dwindled in the ...

Geopolitical risks force family offices into alternatives, cash: Survey

KARREN VERGARA  |  WEDNESDAY, 18 JUN 2025
Geopolitical uncertainties are forcing family offices out of US equities, diversifying into cash and liquid alternatives, according to BlackRock's annual Global Family Office Survey. Global family offices find themselves in "risk-management mode" ...

QIC offloads Victorian shopping centre for $440m

MATTHEW WAI  |  WEDNESDAY, 18 JUN 2025
The Lowy Family Group-backed Assembly Funds Management (AFM) has struck a deal with PGIM Real Estate to jointly acquire QIC's Woodgrove Shopping Centre in Melton, Victoria for $440 million. The single-level centre, spanning over 27 hectares of land ...

Pacific Current Group appoints new chair

JAMIE WILLIAMSON  |  TUESDAY, 17 JUN 2025
A former super fund chief executive is becoming chair of Pacific Current Group (PAC). Justin Arter has been named as the incoming chair of the ASX-listed multi-boutique manager. He will commence on July 1, succeeding Tony Robinson who has served on ...

Rest pilots Payday Super tech, moves to implement

JAMIE WILLIAMSON  |  TUESDAY, 17 JUN 2025
The $93 billion super fund will now work with its administrator to implement the Wrkr employer services platform in preparation for Payday Super. Rest completed a trial of Wrkr's employer services platform alongside MUFG Retirement Solutions, Rest employers ...