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| | | Who pays the costs of a merger, REST chair Ken Marshman asked panelists involved in superannuation mergers at the Australian Superannuation Investment Conference yesterday. The panel discussed how mergers will impact the investment strategy of superannuation ... |
| | | | ... kept the entity for its own benefit," the report said. In 2017 Ausnutria acquired a Victorian dairy farm, Australian Dairy Park for $10 million. In 2016 it acquired a 75% stake in Australian vitamin maker Nutrition Care for $30 million. |
| | | | DWS has acquired 50% of a prime, refrigerated distribution centre in Queensland for $134.2 million. Located in Parkinson, Queensland, this is the fourth acquisition in cold storage facilities made by the investment manager. DWS acquired it on behalf ... |
| | | | ... research from Rainmaker. Australia has six main companies offering robo advice (Absolute Advice, Clover, QuietGrowth, Six Park, Stock Spot and Raiz) while the US has 16 robo advisers covering 4.3 million clients and $320 billion in assets. "Australia's ... |
| | | | ... discussions with other potential investors. The DPN Casa Capace pilot, currently under construction in south-west Sydney's Oran Park, is expected to be completed in November. Brightlight chief operating officer Matthew Zschech said the firm was impressed ... |
| | | | A large container ship being linked to J.P. Morgan Asset Management has been the subject of a US $1 billion cocaine bust in the United States. The ship, MSC Gayane, is owned by a fund run by JP Morgan's asset management unit, according to CNN Business. ... |
| | | | Many financial advisers believe unlisted assets lack transparency and are illiquid, growth investments. At the Sunsuper Adviser Roadshow in Sydney yesterday, an audience of advisers was informally polled on their thoughts about alternative, unlisted ... |
| | | | ... Government Super direct property portfolio include four commercial office buildings in the Sydney CBD, North Sydney and Macquarie Park in NSW. The portfolio also includes two sub-regional shopping centres in Leichardt, an inner-Sydney suburb, and Bateman's ... |
| | | | A $50 billion superannuation fund has appointed an innovation and transformation lead and finalised its leadership restructure. Jeremy Hubbard joins as group executive of innovation and transformation, responsible for executing Rest's business strategy ... |
| | | | Job opportunities in the financial services sector have risen by 10% following the Royal Commission, according to Sunsuper. New data from the super fund indicates the first quarter of 2019 was a strong period for jobs in the finance industry, as figures ... |
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