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Showing 2611 - 2620 of 10366 results for "Trust"

PIMCO revives local LIT plans

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
After almost two years of delay, PIMCO is planning to launch its first Australian listed investment trust in March next year. PIMCO, which has been managing listed funds globally for about 25 years, said the new offering will seek to address Australian ...

State Super sets net zero targets

JAMIE WILLIAMSON  |  MONDAY, 13 DEC 2021
State Super is committing to an ambitious net zero target, which includes reducing greenhouse gas emissions across its portfolio by 45% come 2030. In a plan formulated with TCorp and Mercer, State Super is looking to achieve net zero status across its ...

CBA, Northern Trust announce Green Repurchase Agreement

CHLOE WALKER  |  MONDAY, 13 DEC 2021
Commonwealth Bank of Australia (CBA) and Northern Trust have completed a $50 million transaction utilising a new Green Repurchase Agreement (Green Repo) as certified by the Climate Bond Initiative (CBI). A first for the Australian market, this certified ...

Blackstone buys GIC's stake in logistics trust for $2.1bn

CHLOE WALKER  |  MONDAY, 13 DEC 2021
Blackstone has acquired Singapore wealth fund GIC's 49% stake in the Dexus Australian Logistics Trust (DALT) for $2.1 billion, as the private equity giant looks to tap into the country's fast growing e-commerce market. Dubbed as the second largest ...

New appointments to FSC board

CHLOE WALKER  |  FRIDAY, 10 DEC 2021
The Financial Services Council (FSC) has today announced the appointments of AMP Australian Wealth Management chief executive Scott Hartley, and Challenger chief executive, people, corporate affairs and strategy Michelle Taylor, as directors to the ...

Industry super funds launch fresh campaign

JAMIE WILLIAMSON  |  FRIDAY, 10 DEC 2021
... independent research showing 80% of Australians already recognise the symbol. The research also shows that they are more likely to trust a fund that carries it, ISA said. "By acting collectively, the 13 funds that carry the symbol have cost effectively ...

Hostplus, Statewide formalise merger

KARREN VERGARA  |  FRIDAY, 10 DEC 2021
... a $85 billion super fund with 1.5 million members, and 280,000 contributing employers. Taking its pooled superannuation trust into account, this takes Hostplus' funds under management to $92 billion. The merger will result in low administration fees ...

Longo's ASIC less aggressive: Report

ELIZABETH MCARTHUR  |  FRIDAY, 10 DEC 2021
... France have also each announced tough new regulatory approaches to fight scams, increase digital security and boost investor trust. In the US, the Securities and Exchange Commission (SEC) has also taken a tougher regulatory approach under the new presidency. ...

Sydney Airport takeover given green light

JAMIE WILLIAMSON  |  THURSDAY, 9 DEC 2021
... Aviation Alliance, which consists of IFM Investors, AustralianSuper, QSuper, Global Infrastructure Partners and Conyers Trust Company as trustee of the IFM Global Infrastructure Fund, will pay $8.75 per share via a scheme of arrangement. A current owner ...

Regal Funds Management takes stake in Attunga Capital

CHLOE WALKER  |  WEDNESDAY, 8 DEC 2021
Regal Funds Management (Regal) has today announced the acquisition of a 51% equity stake in leading power and environmental commodity asset manager Attunga Capital. Founded in 2005, Attunga Capital is the trustee and manager of the Attunga Power and ...