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Showing 2601 - 2610 of 8182 results for "Institutional"

Government moves on Royal Commission super recommendations

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
The Federal Government has amended the SIS Act and some of its superannuation bills to include recommendations made in the Royal Commission's final report. Superannuation fund trustees are set to be banned from treating employers in efforts to be ...

Aussies instos join fight against weapons

HARRISON WORLEY  |  WEDNESDAY, 13 FEB 2019
Australian institutional investors joined a worldwide effort lobbying index providers to remove controversial weapons from global indices. Colonial First State and Vision Super have become signatories to an open letter calling for the exclusion of weapons ...

Macquarie expects profit jump

KANIKA SOOD  |  TUESDAY, 12 FEB 2019
... under management at December end. Macquarie Infrastructure and Real Assets (MIRA) won $8.4 billion in new, funded institutional mandates and contributions in the December quarter. Overall, MIRA divested $1.2 billion of assets, invested $1 billion in ...

Mercer names head of investment consulting

KARREN VERGARA  |  TUESDAY, 12 FEB 2019
... consulting in a newly created role. Michael Armitage will lead investment consulting activities in Australia within the institutional wealth team. Melbourne-based Armitage was most recently director of investment services at Milliman for more than five ...

AMP Capital appoints managing director Australia

JAMIE WILLIAMSON  |  TUESDAY, 12 FEB 2019
AMP Capital has created a new managing director role for its Australian business and promoted its head of institutional. Marsha Beck has been promoted to the new role, effective immediately. Having joined in 2015, Beck was most recently leading AMP ...

ACSA creates managed fund taskforce

HARRISON WORLEY  |  MONDAY, 11 FEB 2019
... compared to listed securities which have eight to nine steps," he said. "Managed funds may not be large proportion of institutional holdings, but do create a disproportionate amount of inefficiency and risk. Progress in the funds space can also point ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
The sovereign wealth fund returned 5.8% in the year ending 31 December 2018, beating the median balanced superannuation fund return by a wide margin. The median balanced superannuation fund returned 0.6% in the year to 31 December and even the top quarter ...

ASIC gears up for Brexit

KANIKA SOOD  |  MONDAY, 11 FEB 2019
ASIC is liaising with the UK corporate regulator, Bank of England and local stakeholders to prepare for Brexit's impact, it said in a statement. ASIC said it will enter into new memorandums of understanding (MoU) with the UK's Financial Conduct Authority ...

Industry fund launches new integrated platform

KANIKA SOOD  |  FRIDAY, 8 FEB 2019
A $47 billion industry fund has partnered with Dell's integration platform and is hoping to add more value to its servicing of 860,000 members. HESTA says Dell's Boomi has moved it to a hub-and-spoke model, where it can add a new data source (like an ...

Aussies find $860m in lost super

HARRISON WORLEY  |  FRIDAY, 8 FEB 2019
More than $850 million of lost superannuation was found and consolidated towards the end of 2018. Releasing new data this week, the Australian Taxation Office (ATO) said more than 66,000 Australians found and consolidated some of their retirement savings ...