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Showing 241 - 250 of 785 results for "Australian Super"

Industry funds announce $26bn joint venture

KANIKA SOOD  |  WEDNESDAY, 1 MAY 2019
... individual branding, in what Equipsuper chair Andrew Fairley told Financial Standard is an attractive new model for Australian super funds as consolidation sweeps the industry. Fairley said the two funds expected significant savings for their members ...

India Avenue fund distribution boosted

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAR 2019
... overtook France to become the world's sixth largest economy, behind the UK in fifth place. India Avenue says Australian super funds currently allocate an average of less than 1% to India.

IFM Investors acquires super fund-owned port

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2019
IFM Investors is partnering with one of the world's largest port operators to acquire 100% of Poland's largest container terminal from a consortium comprising Australian superannuation funds. The IFM Global Infrastructure Fund, in partnership with PSA ...

Equity Trustees acquires superannuation trustee

KARREN VERGARA  |  TUESDAY, 26 FEB 2019
Equity Trustees announced it will acquire a superannuation trustee for $6.2 million. Equity Trustees' parent company EQT Holdings has signed an agreement to purchase Zurich Australian Superannuation (ZAS), a subsidiary of Zurich Australia. ZAS has ...

Group insurance reforms to be tabled

JAMIE WILLIAMSON  |  WEDNESDAY, 20 FEB 2019
Legislative reforms that will see group life insurance offered to under-25 year olds and those with low account balances on an opt-in basis will be tabled in Parliament today. The Treasury Laws Amendment (Putting Members' Interests First) Bill 2019 ...

Hedge fund veteran joins Aura

KARREN VERGARA  |  WEDNESDAY, 6 FEB 2019
Aura Group appointed Damien Hatfield as an executive director to help launch new funds in its alternative assets business. Hatfield is the founder and director of Triple A Partners. He helped set up a hedge funds-of-funds operation at Colonial First ...

Industry fund chief executive moves to life insurer

KANIKA SOOD  |  MONDAY, 21 JAN 2019
The chief executive of an $8 billion industry fund is leaving to take the top job at a life insurer. Statewide Super chief executive Richard Nunn will join MetLife as its next chief executive on May 1, leaving the super fund at the end of February. ...

ASFA, ISA, FSC weigh in on the final report

KARREN VERGARA  |  THURSDAY, 10 JAN 2019
Major industry associations collectively agree that the Productivity Commission's final report reaffirms the strength of superannuation, but member advocates say the findings are wake up call to fix a broken system. CHOICE chief executive Alan Kirkland ...

Sahota's fund makes first close

KANIKA SOOD  |  FRIDAY, 21 DEC 2018
Bob Sahota's private debt fund has made its first close, attracting an investor base of superannuation funds, family offices and other sophisticated investors. The Revolution Private Debt Fund I announced a first close on Wednesday. A second close is ...

Superannuation funds ramp up co-investment opportunities

KARREN VERGARA  |  FRIDAY, 30 NOV 2018
... "alternative property" such as medical, healthcare, storage, business parks and retirement villages. About 60% of Australian super funds are involved in joint ventures compared to 26% of global pension funds. Meanwhile, 47% of Australian super funds ...