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Showing 2411 - 2420 of 10366 results for "Trust"

APRA identifies NESS Super board deficiencies

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
APRA has told the $1 billion super fund to improve its governance after a review found deficiencies with its board. The directions follow a review of NESS Super's governance and an independent review conducted by NESS which identified skill gaps ...

NZ Super Fund hires from ART

ELIZABETH FRY  |  FRIDAY, 13 MAY 2022
Australian Retirement Trust has confirmed that Kevin Wong is leaving the $230 billion super fund to join NZ Super Fund. Wong who has served as the portfolio manager for dynamic asset allocation will join the Kiwi sovereign wealth fund as a senior investment ...

State Street bags K2 Asset Management mandate

ANDREW MCKEAN  |  FRIDAY, 13 MAY 2022
K2 Asset Management has announced that State Street Australia will be the fund administrator and custodian for the Cosmos Purpose Bitcoin Access ETF (CBTC). State Street will administer and provide custodial services in Australia to this fund that provides ...

Top Aussie equities funds revealed

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
... achieved a three-year return of 22.9% to rank first, followed by the Chester High Conviction Fund with 19.6% and Panther Trust Australian Shares Investment with 18.8%. However, over one year the PM Capital and Panther products switch rankings. Plato ...

Northern Trust adds to local leadership

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
Northern Trust has a new head of asset servicing operations for Australia, effective this month. Robert Poulter has taken on the role, promoted from the position of practice lead, payment operations. The role was previously held by Leon Stavrou who ...

US firm backs Koda Capital

JAMIE WILLIAMSON  |  THURSDAY, 12 MAY 2022
... holds non-voting interests. Emigrant Partners is a New York-based subsidiary of Howard Milstein's New York Private Bank and Trust; the Milstein family was listed by Forbes in 2015 as the 90 th richest family in the US. Under the deal, Emigrant will provide ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
The Australian Institute of Superannuation Trustees has acknowledged the difficulty of implementing industry-wide rulesets and has released its future crisis contingency planning recommendations to APRA. In its submission, the AIST said the balance ...

Pendal sees profits rise, to focus on costs

JAMIE WILLIAMSON  |  TUESDAY, 10 MAY 2022
... Continental Europe, strengthening ESG integration in its products, and migrating its middle and back office to Northern Trust while transitioning off Westpac's support services. Pendal chief executive Nick Good said the group remains focused on implementing ...

Bendigo and Adelaide Bank establishes new super trustee

ANDREW MCKEAN  |  MONDAY, 9 MAY 2022
The trustee and issuer of Bendigo SmartStart Super and Bendigo SmartStart Pension has changed from Sandhurst to the newly created Bendigo Superannuation. Bendigo Super is a new subsidiary company of Bendigo and Adelaide Bank with the purpose of being ...

Magellan offloads GYG stake

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
... $140 million so it can focus on funds management. According to an ASX statement, Barrenjoey intends to seed an investment trust comprising high-net-worth individuals. The sale price represents a 36.3% profit on the initial investment, or $34 million ...