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Showing 221 - 230 of 1813 results for "Monitor"

Brighter Super awards custody mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2024
Brighter Super has appointed a new custodian, severing its ties with NAB Asset Servicing. The $32 billion super fund chose State Street to be its custodian and back-office administrator for some 130 portfolios. The services cover fund accounting and ...

NZ Super awards mandate to Northern Trust

ANDREW MCKEAN  |  THURSDAY, 6 JUN 2024
NZ Super has awarded a mandate to Northern Trust to use its Data Warehouse Solutions offering. NZ Super was seeking a solution that could consolidate its data and enable it to scale as it transitions away from legacy technology. Northern Trust has been ...

Equity Trustees hit with fine by APRA

ELIZA BAVIN  |  WEDNESDAY, 5 JUN 2024
... to be compliant with our reporting standards to ensure APRA always has the most up-to date information to effectively monitor the safety and stability of Australia's banking, insurance and superannuation systems," Cole said. "Notwithstanding the highly ...

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
An Investment Trends report has identified a clear inflection point for member engagement with superannuation funds. The 2024 Super Member Engagement report, based on a survey of 10,886 respondents, provided an analysis of member attitudes, satisfaction ...

Principal Finisterre launches new debt fund

ELIZA BAVIN  |  MONDAY, 27 MAY 2024
Principal Finisterre has launched a new emerging markets debt total return strategy to Australian institutional and wholesale investors. The fund aims to capitalise on the increased interest in emerging market debt (EMD). Principal said the strategy's ...

Seven fund managers scoop up First Sentier mandates

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... continuing to manage the funds in an orderly and prudent manner until the transition is complete. CFS will continue to monitor the management of the portfolios closely," it told investors in an update. FSI is set to lose about 30 staffers by the end ...

Value versus growth: Market expectations in 2024

ANDREW MCKEAN  |  THURSDAY, 16 MAY 2024
... six rate cuts and no recession, which is an unlikely scenario. She said Jerome Powell has emphasised the need to closely monitor data. Inflation has decreased but remains around 3%, largely due to housing issues. "The market is now anticipating a couple ...

UniSuper restores online services, app

JAMIE WILLIAMSON  |  MONDAY, 13 MAY 2024
UniSuper's systems are back online, after close to two weeks of disruption following the deletion of its private cloud. In an update today, UniSuper chief executive Peter Chun said online services across the fund's website and app have been ...

Federal Court rejects two CBA class actions

KARREN VERGARA  |  MONDAY, 13 MAY 2024
... money laundering and/or structuring on CBA accounts in 38 instances, AUSTRAC at the time accused CBA did not appropriately monitor its customers to mitigate and manage money laundering and terrorism financing risk, including the ongoing AML/CTF risks ...

'Just do what you say you'll do': ASIC's message to trustees

JAMIE WILLIAMSON  |  FRIDAY, 10 MAY 2024
... funds some 12 months on. Yesterday, ASIC released a report highlighting the failure of several super funds to adequately monitor and question fee deductions from member accounts being made by financial advisers and licensees. In its review of 10 trustees ...