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Showing 171 - 180 of 34035 results for "fund"

OECD recommends NZ overhaul pension system

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... gross domestic product. As a result, it recommended New Zealand implement a combined public and private pension and NZ Super Fund reform under which public pension eligibility would be linked to life expectancy, with consideration for ethnic and occupational ...

Macquarie Asset Management earnings soar to $2.6bn

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
Macquarie Asset Management's (MAM) earnings soared to $2.6 billion largely driven by bumper performance fees charged on its private markets transactions. MAM's net profit jumped 27% in its full-year reporting period ending March thanks to private ...

Performance test reforms to curb benchmark hugging: Treasury

KARREN VERGARA  |  FRIDAY, 8 MAY 2026
... time to modernise it and to deal with some unintended consequences and make it stronger. "The current test measures super fund performance against a fixed set of benchmarks. While it has successfully removed underperforming funds from the market, it ...

Advice industry can't afford CSLR to be an 'unsustainable mess': FAAA

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
A recent survey conducted by the Financial Advice Association Australia (FAAA) shows the Compensation Scheme of Last Resort (CSLR) levy will increase the cost of financial advice and may see a significant departure of advisers from the industry. The ...

Rest strengthens data and tax leadership with new hires

VINNY VUCAGO  |  FRIDAY, 8 MAY 2026
Rest Super has named two new hires to lead its data and tax functions, as the fund continues to focus on operational simplification, governance and member growth. Irina Chinenova has joined the fund as general manager of data and insights, overseeing ...

TelstraSuper did fall foul of IDR obligations: Federal Court

JAMIE WILLIAMSON  |  FRIDAY, 8 MAY 2026
... cases, members were left waiting for more than 100 days for a response. It also found that for some complaints the super fund didn't explain to members what the delay was, nor did it inform them of their right to escalate the issue to AFCA. On this ...

ART, Mubadala back CBRE's infrastructure platform

RIDDHIMA TALWANI  |  FRIDAY, 8 MAY 2026
Australian Retirement Trust (ART) has joined a consortium of global investors including Abu Dhabi's sovereign wealth fund Mubadala, in funding CBRE Investment Management-backed critical infrastructure platform Accelerate. Accelerate Infrastructure Opportunities ...

Platinum Asset Management awards back-office mandate to Apex Group

MATTHEW WAI  |  FRIDAY, 8 MAY 2026
... will be no changes to how the funds are managed, Platinum increased minimum initial investment from $5000 to $10,000 per fund/class. Commenting, Apex Group country head for Australia Nick Bradford said there is an increasing demand from fund managers ...

Magellan confirms job losses

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
... number of roles" will be impacted after it outsourced its global equities strategy earlier this week. The Magellan Global Fund - Open Class Units - Active ETF (ASX: MGOC) and the Magellan Global Fund Hedged investment strategy will be changed to the ...

BNP Paribas expands APAC presence with new appointment

ELIZA BAVIN  |  THURSDAY, 7 MAY 2026
... month Janus Henderson awarded a long-term strategic mandate with BNP Paribas' Security Services to provide a wide range of fund and market and financing services across Australia, the UK, France and Luxembourg. The mandate is an extension of BNP Paribas' ...