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Showing 1761 - 1770 of 5260 results for "SCA"

T. Rowe Price to acquire credit manager

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
The US$1.61 trillion investment manager is set to take over alternative credit management firm Oak Hill Advisors (OHA). T. Rowe Price will pay US$4.2 billion for 100% of OHA with US$3.3 billion payable at closing, approximately 74% in cash and 26% in ...

Former Women in Super chief joins AIST

ANNABELLE DICKSON  |  FRIDAY, 29 OCT 2021
The Australian Institute of Superannuation Trustees (AIST) appointed the former chief executive of Women in Super as general manager, professional development. Sandra Buckley led Women in Super for the past eight years where she was responsible for ...

SCA slams five super funds' junk insurance

KARREN VERGARA  |  THURSDAY, 28 OCT 2021
... advocate organisation. Each of these funds continue to apply junk terms to members once they are unemployed for six months, SCA director Xavier O'Halloran said. "The only exception is NGS, which applies the terms to those unemployed for just three ...

Kilter wins $70m mandate

KARREN VERGARA  |  WEDNESDAY, 27 OCT 2021
Kilter Rural has won a $70 million mandate from an unnamed US institutional investor. Kilter, which has $250 million in funds under management, will invest in sustainable Australian agriculture and water assets on behalf of the client. Established in ...

LGIAsuper, Energy Super change fees

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
The newly merged LGIAsuper and Energy Super have scrapped a weekly administration fee and will retain an annual fee as a result of scale benefits. Members of the superannuation fund will no longer be charged a $1 weekly administration fee and will pay ...

End of the road for Dollarmites

KARREN VERGARA  |  MONDAY, 25 OCT 2021
Commonwealth Bank has ditched its 90-year-old Dollarmites program after the state governments' banning of school banking schemes. The New South Wales government is the latest to jump on board and ban bank-run marketing schemes in classrooms after ...

Joining the 1% around the world: Analysis

ELIZABETH MCARTHUR  |  MONDAY, 25 OCT 2021
New analysis reveals that Australians would have to work 66 years and five months to join the country's wealthiest 1%, while Chinese workers would need more than 101 years in the workforce to join China's 1%. In a stark illustration of wealth inequality ...

Fed to ban policymakers stock, bond trading

JAMIE WILLIAMSON  |  FRIDAY, 22 OCT 2021
The Federal Reserve is restricting the investing activities of policymakers and senior staff, including banning them from holding or trading individual stocks and bonds. Following a review and recent scandal, the Federal Reserve has moved to prohibit ...

Macquarie AM acquires alternative investment group

ELIZABETH MCARTHUR  |  FRIDAY, 22 OCT 2021
Macquarie Asset Management has acquired an independent investment advisory firm delivering private client access to institutional hedge fund, private equity, real estate, and funds-of-funds. It agreed to acquired New York-based Central Park Group for ...

Six Park hires operations chief

KARREN VERGARA  |  THURSDAY, 21 OCT 2021
Six Park hired a new operations chief in September who finished up at Westpac after a decade with the bank. Tuula Keto is the robo-adviser's chief operating officer. She most recently worked in the bank's group and change integration unit and ...