Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2471 - 2480 of 22782 results for "Funds"

QIC, super funds pour more into Queensland space tech

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
QIC, Hostplus and HESTA are among backers to invest a further $55 million into Gold Coast-based Gilmour Space Technologies. Gilmour recently completed a Series D funding round, aimed at raising capital to support the manufacture, test and launch of ...

Aussies do not underspend in retirement, say super funds

JAMIE WILLIAMSON  |  WEDNESDAY, 21 FEB 2024
... contributions to a retirement phase super account. It added that, with member consent, the government should notify super funds about members' eligibility for pensions and other government support, like the Age Pension, so funds can tailor information ...

APRA proposes updated operational risk financial requirements

ANDREW MCKEAN  |  TUESDAY, 20 FEB 2024
... said. APRA continued that it's prudent to maintain the existing guideline target amount for the ORFR of 25 basis points of funds under management. It added that this standard industry benchmark provides confidence that financial resources would be available ...

Twynam Group targets US$50m for new fund

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... decarbonisation investments around six years ago. Over the past few years, it began seriously discussing entry into the funds management sector as the topic of ESG became more popular. "Last year, with more of an emphasis and seemingly a change in society ...

Count posts positive results ahead of Diverger takeover

CHLOE WALKER  |  TUESDAY, 20 FEB 2024
... Affinia transaction in May 2023, the integration of which is progressing. Ahead of the merger, Count has $17.9 billion in funds under advice. With Diverger, this will grow to $30 billion. In February, the group acquired 51% of Solutions Centric, a company ...

Funds SA hires ESG expert

ELIZABETH FRY  |  MONDAY, 19 FEB 2024
Funds SA has appointed a new investment professional to sit within the responsible investment team. The investment arm of the South Australian government has welcomed Kana Thorpe to the newly created role of assistant portfolio manager for responsible ...

Madigan Capital appoints head of investment capital

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... Commercial real estate debt manager Madigan Capital has appointed Luke Briscoe as head of investment capital, overseeing its funds management team. Briscoe will start his new position imminently, focusing on advancing Madigan's funds management strategy ...

Magellan needs more consistent progress: Morningstar

ANDREW MCKEAN  |  MONDAY, 19 FEB 2024
... indicated that it would require more time to rebuild trust in Magellan, leaving its stewardship evaluations for the firm's funds unchanged. Morningstar research highlighted that Magellan is still undergoing a significant transformation and renewal phase ...

Mergers a boon for super member growth

KARREN VERGARA  |  MONDAY, 19 FEB 2024
... based on its scale combining both total membership and assets," Perple founding director John Myers said. Conversely, the funds that experienced the worst nominal net member growth were AMP, Insignia Financial, Colonial First State (CFS), Commonwealth ...

Rest faces class action over IP premiums

CHLOE WALKER  |  MONDAY, 19 FEB 2024
... returns and administration costs." The action is being funded by Woodsford. "Everyday Australians trust their superannuation funds to look after their hard-earned dollars which they have invested for their retirement," Woodsford Australia director and ...