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Showing 171 - 180 of 1319 results for "AustralianSuper"

Super's operational infrastructure 'not quite right'

ELIZA BAVIN  |  FRIDAY, 14 FEB 2025
... Institute. The report highlighted failures in member servicing - which have been heightened in the wake of Cbus and AustralianSuper admitting to failures to deliver timely death benefit claims - which it said stand as an indication that "something is ...

Super moves: VFMC, QIC, Prime Super

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... Victorian Funds Management Corporation as a senior equities analyst. Garevski landed at the $92 billion VFMC from AustralianSuper, where he was a senior risk analyst on an eight-month contract. Previously, he spent over four years with HESTA, initially ...

AustralianSuper under investigation for delayed death benefit payouts

ANDREW MCKEAN  |  THURSDAY, 6 FEB 2025
AustralianSuper is being investigated by ASIC over delays in paying out death benefits, after it remediated members last year. AustralianSuper announced last November that it would compensate around 7000 beneficiaries with $4.2 million for death benefit ...

Super fund promotional expenses balloon: APRA

KARREN VERGARA  |  FRIDAY, 31 JAN 2025
Superannuation funds' promotional expenses continue to balloon as new APRA data shows that AustralianSuper has the biggest marketing budget while Hostplus continues to splurge on sponsorship deals. Hostplus splashed a staggering $13.7 million on ...

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... Chinese-owned DeepSeek burst onto the artificial intelligence (AI) scene, wiping $1 trillion off chip maker Nvidia. AustralianSuper holds around $2 billion of Nvidia shares in its balanced option, but chief executive Paul Schroder said competition in ...

AustralianSuper aims to five-fold $1.4bn Euro venture in five years

MATTHEW WAI  |  TUESDAY, 14 JAN 2025
AustralianSuper has acquired a 50% stake in Oxford Properties Group's $1.4 billion European industrial and logistics portfolio, with the partnership to target up to $7.5 billion worth of high-quality warehouses over the next three to five years. The ...

AustralianSuper wins fund of the year

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
AustralianSuper has won the Global SWF Fund of the Year award for its leadership, growing investment activity, and significant expansion overseas. Global SWF noted that the super fund has grown from managing $21 billion for 1.2 million members since ...

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... 9) Australia's highest paid industry super executives were revealed by analysis obtained by Financial Standard. AustralianSuper chief investment officer Mark Delaney was the top earner, receiving over $2 million in total compensation, according to research ...

Sue Brake joins NZ Super, Lisa Gray departs VFMC

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... funds do not operate with a fixed strategic asset allocation, and they avoid silos across asset classes. NZ Super, AustralianSuper, Future Fund and TCorp are all proponents of TPA, arguing that strategic asset allocation has major structural problems. ...

IFM adds ex-CIO to equities team

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... Partners. Before that, he was head of investments at LUCRF Super. McIntosh moved to the asset owner (now part of AustralianSuper) from Vanguard Investments Australia, where he held several senior roles for over 14 years. These include head of global ...