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Showing 2261 - 2270 of 18113 results for "superannuation"

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
HESTA has delivered a 9.59% return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by ...

Frontier calls for better unlisted asset valuations

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
... the accurate valuation of unlisted assets. The consulting firm was spurned to action amid robust growth in the superannuation sector, with an increased focus on unlisted assets. This trend has caught the attention of APRA, which is placing more emphasis ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
AustralianSuper has posted an 8.22% return for its balanced investment option. Of note, the Rainmaker MySuper performance index benchmark is likely to yield a return around 9%. AustralianSuper chief investment officer Mark Delaney said that the fund ...

MySuper products bounce back: Data

JAMIE WILLIAMSON  |  WEDNESDAY, 5 JUL 2023
... Rainmaker Information - a finding supported by those funds that already released figures. Modelling by Rainmaker shows superannuation returns are likely to outdo the long run median, with MySuper products returning an average of 8% to May end, only to ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
... Morningstar note showed. "And this write-down has called into question the valuation responses of the Australian superannuation funds that also hold this investment through their private equity programs," Morningstar said. ART does not invest in Canva. ...

More assets held in Choice over MySuper: APRA figures

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
More member assets are held in Choice products than in MySuper options, according to quarterly superannuation industry statistics by APRA. As of March 31, Choice products held $1.09 trillion of the total member assets held in APRA-regulated funds ($2.1 ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
... Advance Asset Management boards. Meanwhile, Infrastructure Victoria chair Jim Miller was appointed to the Mercer Superannuation (Australia) board. Venketasan has over 25 years' experience in financial services. Most recently, she was the co-founder of ...

Rest bolsters impact portfolio with private equity investment

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... fund run by European private equity firm ARCHIMED. The investment is part of a broader initiative to fulfill the superannuation fund's target allocation (1%) to impact investments in its total portfolio by 2026. Rest private equity program leader ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
Cbus is poised to deliver solid results for its members this year, forecasting a return of about 8.5%, according to newly appointed chief investment officer Brett Chatfield. Speaking with Financial Standard, Chatfield credited the result to a combination ...

E&P appoints new chief executive

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... previously known, faced several upheavals that included an investigation by ASIC into subsidiary Dixon Advisory and Superannuation Services for providing dodgy advice to retail clients regarding its own US Masters Residential Property Fund (URF). In ...