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Showing 221 - 230 of 759 results for "Hesta"

HESTA injects $4.4m into Aussie biotech startup

CHLOE WALKER  |  WEDNESDAY, 1 JUN 2022
... brings Inventia's total funding to date to over $50 million and marks the first direct investment made by a super fund. HESTA chief Investment officer Sonya Sawtell-Rickson said: "HESTA is excited to invest in Inventia as part of our broader focus on ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
... confidence that a 75% approval would be gained when it went to vote on June 15. Several shareholders, including Grok Ventures and HESTA, had confirmed they would oppose the demerger as it wouldn't support climate change goals. HESTA welcomed the ...

EQT reveals most popular fund launches

ANDREW MCKEAN  |  THURSDAY, 26 MAY 2022
... Australian super funds have signed up to be tobacco free. As dozens of funds including Australian Ethical, CareSuper, Cbus and HESTA having signed up to be tobacco free, this has triggered fund managers to follow suit, O'Brien said. Of the 100 newest ...

HESTA opposes AGL demerger

JAMIE WILLIAMSON  |  WEDNESDAY, 25 MAY 2022
... saying it will not adequately support decarbonisation efforts and therefore wouldn't serve its members' best interests. HESTA said it has engaged with AGL and decided to vote against the demerger. "After reviewing the plan, we remain unconvinced that ...

The transforming role of the trustee

ANDREW MCKEAN  |  FRIDAY, 29 APR 2022
At the ASFA Conference, HESTA chair Nicola Roxon shared her strong conviction about the role representative trustees have at industry funds. "I think you get incredible insight from these people who are very close to our 400,000 members," she said. ...

Super funds back Say on Climate

RACHEL ALEMBAKIS  |  FRIDAY, 29 APR 2022
... Active Super, AMP, AustralianSuper, Aware Super, BT Financial Group, CareSuper, Cbus, Equipsuper, Colonial First State, HESTA, Hostplus, Mercer, Mine Super, NGS Super, QSuper, Rest, Sunsuper, TelstraSuper, UniSuper and Vision Super. The 10 remaining ...

New board directors at FEAL

JAMIE WILLIAMSON  |  THURSDAY, 28 APR 2022
Aware Super's Deanne Stewart and HESTA's Lisa Samuels have joined the board of the Fund Executives Association Ltd (FEAL). The appointments come as former Spirit Super chief executive Leeanne Turner steps down after seven years. Stewart was named FEAL's ...

Active Super enhances parental leave policy

JAMIE WILLIAMSON  |  TUESDAY, 26 APR 2022
... retirement outcomes for everyone." Several other funds also currently pay superannuation on parental leave. For example, HESTA pays superannuation on parental leave for its employees for a period of up to 12 months and at a rate of 15%. Meanwhile, AustralianSuper ...

HESTA confirms bid for Ramsay Health Care

ANDREW MCKEAN  |  THURSDAY, 21 APR 2022
Industry super fund HESTA has announced it is part of a consortium led by KKR to acquire all the issued share capital of Ramsay Health Care. At the time of writing, Ramsay Health Care's share price rose 2.45% following the HESTA announcement. HESTA ...

HESTA appoints chief financial officer

ELIZABETH MCARTHUR  |  TUESDAY, 19 APR 2022
The $68 billion industry superannuation fund, HESTA, has hired a new chief financial officer who was previously at Victorian Funds Management Corporation (VFMC). Sally Collins has been appointed chief financial officer for the fund. She was most recently ...