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Showing 2631 - 2640 of 14210 results for "Interest"

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 ...

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 ...

LGIAsuper expands leadership as acquisition completes

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
LGIAsuper has finalised its acquisition of Suncorp's superannuation business, adding to its executive team in the process. The acquisition of Suncorp Portfolio Services Limited, which is the first of its kind in the Australian superannuation market ...

Charter Hall, pension fund buy out Irongate

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... (IAP). Under the transaction, Charter Hall will own a 12% stake in the partnership, with PGGM owning the remaining 88% interest. Charter Hall has also agreed to acquire IAP's funds management business for $5 million and associated co-investment stakes ...

Aware increases stake in Lendlease retirement trust

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... 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% interest, with Lendlease owning 25.1% ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... released details of the $16 million fine it handed GAM in December 2021 for failing to adequately manage conflicts of interest as part of the misconduct that saw fixed income investment director Timothy Haywood terminated from the global manager in 2019. ...

Clime backs newly launched asset manager

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... institutional, private, and wholesale mandates. "Torica is actively managing assets to capture inefficiencies in the global fixed interest and credit markets to generate strong and consistent returns, in all market conditions, for our investors," Lee ...

Credit market outlook strong: ABDO

CHLOE WALKER  |  WEDNESDAY, 30 MAR 2022
... the keys to investment success. "This year, central banks will be mindful of the impact monetary tightening and rising interest rates will have on the global economy," he said. "Investors should expect inflation to remain well above the central bank ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
APRA has named the superannuation funds it believes face immediate sustainability issues, with 38 of 78 funds declining on all metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts ...

Maple-Brown Abbott lifts AMP Capital managers

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
... to five, with global emerging markets and now Australian small companies. We continue to see institutional and adviser interest in actively managed, differentiated investment strategies," Rahmani said. The AMP Australian small caps strategy was launched ...