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Showing 2461 - 2470 of 10366 results for "Trust"

FSC offers guidance on divesting Russia

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
The Financial Services Council (FSC) has released guidance to assist super funds and fund managers in divesting Russian assets. Despite superannuation funds only having a small exposure to Russian investments in the context of the $3.5 trillion superannuation ...

ART hires from Cbus

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
Australian Retirement Trust, the newly merged QSuper and Sunsuper, has appointed a head of sustainable investment from Cbus. In what is the fund's first major appointment since finalising the merger on February 28, it has nabbed Cbus global head of ...

NGS closes socially responsible option

ELIZABETH MCARTHUR  |  TUESDAY, 5 APR 2022
... The family law fee was previously $40 and the splitting a benefit fee was $100. Like many other funds, NGS has amended its trust deed to introduce a trustee fee. In March it announced this fee, which was paid by transfer from the existing Trustee Operating ...

Deerpath Capital opens local office

ELIZABETH FRY  |  MONDAY, 4 APR 2022
... four years at Goldman Sachs four years as an investment specialist at ClearBridge Investments, and three years at Bankers Trust Earlier in his career, he played professional rugby in the UK and Europe - for teams in Scotland, England, Italy, and Wales. ...

Colonial First State settles super class action for $56.3m

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... (Victoria), against Colonial First State Investments Limited, the trustee of the Colonial First State FirstChoice Superannuation Trust. The lead applicant bringing the claim, Lesley Coatman, was a street sweeper driver who retired with less than $35,000 ...

Superhero to offer Qantas points

ELIZABETH MCARTHUR  |  MONDAY, 4 APR 2022
... platform is counted as one entry and Superhero investors can enter a maximum of three times per day. Investors with individual, trust, company, SMSF and minor trading accounts are also all eligible to enter. The offer is not applicable to members of ...

PIMCO dumps LIT launch

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
After announcing it would launch this month, PIMCO has canned its long-awaited Global Income Opportunities Trust, citing inadequate demand. The LIT was first announced in November 2019 and planned for a March 2020 launch, however, was delayed due to ...

EQT wins AFL Players' Association mandate

JAMIE WILLIAMSON  |  MONDAY, 4 APR 2022
Equity Trustees will now manage the $150 million AFL Players' Association Retirement Account. Following a competitive tender process, AFLPA has appointed EQT to manage the fund, having already provided administrative services since 2011. The mandate ...

Charter Hall, pension fund buy out Irongate

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... The transaction is conditional upon a number of matters set out in the SIA, including IAP securityholder approval of the trust schemes of arrangement and other customary conditions. The parties currently anticipate targeting implementation of the transaction ...

Aware increases stake in Lendlease retirement trust

CHLOE WALKER  |  FRIDAY, 1 APR 2022
Aware Super has agreed to buy an additional 24.9% of the Lendlease Retirement Living Trust for $490 million. The industry fund acquired an initial 25% interest in the entity a year ago for $460 million. Upon completion, Aware Super will hold a 49.9% ...