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Showing 201 - 210 of 4243 results for "Vic"

QIC to sell partial stake in US renewable energy financing platform

MATTHEW WAI  |  WEDNESDAY, 16 JUL 2025
Canadian pension fund La Caisse will acquire a stake in the QIC-backed Renewa, a renewable energy land financing company located in the US, for US$200 million ($307m). QIC acquired 100% ownership of Renewa in 2022. Texas-based Renewa operates as a platform ...

Pinnacle continues North America expansion with new recruit

MATTHEW WAI  |  TUESDAY, 15 JUL 2025
The ASX-listed investment manager has appointed a head of Canada, welcoming an executive from T. Rowe Price to continue deepening its presence in the broader North American market. Based in Toronto, Jonathan Flegg has become Pinnacle Investment Management's ...

Instos turn to risk as volatility lessens: State Street

MATTHEW WAI  |  THURSDAY, 10 JUL 2025
Institutional investors are aggressively buying into risk as stocks are reaching new highs, likely spurred by falling market volatility as Australia sees surges in local investments, new data from State Streeet finds. The State Street Risk Appetite ...

Adviser receives permanent ban over 'dishonest' conduct

MATTHEW WAI  |  TUESDAY, 8 JUL 2025
... was a director of Wealth Effect Advisory, King Financial Group (NSW), King Financial Group (QLD) and King Financial Group VIC (collectively known as the King Financial Group). Following its investigation, ASIC found that King is not a "fit and proper" ...

AMP actions impacted 'hundreds of thousands' of customers: Shine

ELIZA BAVIN  |  FRIDAY, 4 JUL 2025
Shine Lawyers filed a class action against AMP this week alleging AMP Superannuation has slugged investors with excessive insurance fees. Shine Lawyers confirmed the class action has been filed in the Federal Court of Victoria on behalf of hundreds ...

AMP hit with multiple court filings

ELIZA BAVIN  |  THURSDAY, 3 JUL 2025
AMP has been served two separate legal proceedings; one a fresh class action and the other from Dexus Funds Management. The class action - which has been lodged in the Federal Court of Victoria - has been filed against N.M. Superannuation Proprietary ...

HMC Capital appoints to C-suite

ELIZA BAVIN  |  TUESDAY, 1 JUL 2025
... to merge two energy platforms acquisitions into one. HMC said the acquisition of Neoen Australia's Victorian assets (Neoen VIC portfolio) has seen settlement deferred by one month to 1 August 2025. Once settlement is complete HMC said it intends to merge ...

Average super balance grows to $172k: ATO

KARREN VERGARA  |  MONDAY, 30 JUN 2025
The average superannuation balance grew 5% to $172,000 at the end of the 2023 financial year, new statistics from the Australian Taxation Office reveal. Women had an average super balance of $154,641, while men had $192,119. The median was $54,349 and ...

First Super deputy CEO jumps ship

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
First Super has bid farewell to its deputy chief executive and is now on the hunt for a successor. After four years with the industry fund that serves people in the furniture and joinery, pulp and paper and timber industries, Michelle Boucher has taken ...

Magellan bolsters investment and distribution ranks

ELIZABETH FRY  |  THURSDAY, 26 JUN 2025
Magellan Asset Management has strengthened both its distribution and investment teams with a string of senior hires, sharpening its adviser focus and deepening its equities and infrastructure bench. Andrew Dowling, who joins next month, will be based ...