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Showing 191 - 200 of 1941 results for "SAFE"

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... created the illusion of genuine trading." Judge David added that McCabe had misled the investors to "feel their money was safe" with his reputation. "Further, Mr McCabe had engaged in 'a form of psychological bullying', engaged in manipulative and threatening ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
Future Fund has acquired a 10% stake in energy transmission operator Transgrid from $155.5 billion Canadian pension fund OMERS. OMERS will retain a 10% stake in Transgrid, which it first invested in five years ago, and manage the Future Fund's stake ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
Collapsed cryptocurrency exchange FTX is set to pay out US$5 billion to creditors starting May 30. The proceeds will be distributed via the FTX Recovery Trust to eligible creditors either on BitGo or Kraken. This is the second round of distributions ...

SMC highlights long-term benefits of investing in private markets

MATTHEW WAI  |  THURSDAY, 15 MAY 2025
Super Members Council (SMC) has submitted a paper in response to the Australian Securities and Investments Commission's (ASIC) discussion paper, outlining how superannuation investments in the private sector can drive long-term financial system stability ...

HESTA members to keep paying fees as disruption continues

ELIZA BAVIN  |  MONDAY, 12 MAY 2025
... two months was necessary for such a large-scale project. "This is a critical phase of the project, designed to ensure the safe and secure transfer of our one million-plus members' accounts," the spokesperson said. When Australian Ethical (with 134,000 ...

Super funds put foot down on Woodside

ELIZA BAVIN  |  FRIDAY, 9 MAY 2025
Aware Super and HESTA have voted against the re-election of Woodside director Ann Pickard, who also chairs the Energy Board's Sustainability Committee, with HESTA also voting against the broader remuneration plan. The super funds said the gas giant ...

Sidra Capital expands in Australia

KARREN VERGARA  |  THURSDAY, 24 APR 2025
Sidra Capital is expanding into the Australian market via the launch of a private credit fund that invests in the local mining and energy sectors. Headquartered in Saudi Arabia, the Shariah-compliant alternative fund manager is making its Sidra Asia ...

Apex awarded $2.3bn fund admin mandate

MATTHEW WAI  |  MONDAY, 14 APR 2025
... timely amid the ongoing uncertainty. "In an environment of ongoing market volatility, investors are increasingly seeking safe and consistent investment options," Buckingham said. "Mutual Limited's focus on high-quality, creditworthy securities, coupled ...

AustralianSuper says cyberattack losses total $750k

ELIZA BAVIN  |  MONDAY, 14 APR 2025
... we should. Australians place enormous trust in the super system and rightly expect that their retirement savings will be safe and protected. When that trust is tested, it must be taken seriously."

Future Group positions super offerings for growth

JAMIE WILLIAMSON  |  FRIDAY, 11 APR 2025
As part of Future Group's broader plans to scale, Future Super and Verve Super are set to be merged into the Smart Future Trust, giving members of each a completely new menu of investment options for less. From May 23, the Future Super Fund, including ...