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Showing 2771 - 2780 of 15784 results for "TER"

Super assets decline despite contributions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 23 NOV 2022
Total superannuation assets dropped 3.2% in the year to September 30 despite a 12% increase in contributions. APRA's latest statistics show $150.2 billion in contributions were made in the period, which is about 12% higher than the previous corresponding ...

Goldman Sachs charged over ESG failures

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  WEDNESDAY, 23 NOV 2022
Goldman Sachs Asset Management is paying US$4 million to settle charges brought by the US regulator over failures involving ESG research used to select investments. It comes as the US government reverses limitations placed on some pension funds in relation ...

Igneo buys NZ energy distributor

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
Igneo Infrastructure Partners will acquire New Zealand electricity distributor Eastland Network. Eastland Network will be purchased from Eastland Group, a specialist in regional infrastructure, including ports, electricity networks and generation. Eastland ...

Property trusts hit with stop orders

CHLOE WALKER  |  TUESDAY, 22 NOV 2022
MPG Funds Management Limited (MPG) has been banned from offering or distributing two of its property trusts to retail investors because of poor target market determinations (TMDs). The interim stop orders, implemented by ASIC, prohibit MPG from issuing ...

UBS, CBRE launch global property model

CHLOE WALKER  |  TUESDAY, 22 NOV 2022
UBS Asset Management (UBS) and CBRE Investment Management (CBRE) have teamed up to launch a concentrated global property model through Praemium. A first of its kind in Australia, the portfolio provides investors with an actively managed portfolio of ...

Investment teams 27% female: FSC

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2022
Women make up about 27% of investment teams, according to the Financial Services Council (FSC). That's a key finding from a survey of 20 of the FSC's fund manager members; it's an increase of 2% on last year. FSC chief executive Blake Briggs said the ...

Super fund overhauls investment direction

JAMIE WILLIAMSON  |  MONDAY, 21 NOV 2022
Professional Super will soon change the way its funds are invested, in a move expected to improve member outcomes. It will also introduce a loyalty program to help members save on fees. The fund, which is a sub-plan of the Tidswell Master Trust and ...

Industrial property ensures big wins for TelstraSuper

ELIZABETH FRY  |  MONDAY, 21 NOV 2022
TelstraSuper investment chief Graeme Miller says exposure to industrial property delivered bumper returns for the superannuation fund as the boom in online shopping drove up values. The unlisted property sector makes up about 11% of the super fund's ...

CareSuper chair elected deputy president of ACSI

ANDREW MCKEAN  |  MONDAY, 21 NOV 2022
CareSuper chair Linda Scott has been elected as the Australian Council of Superannuation Investors (ASCI) deputy president. Scott said she's looking forward to making a strong contribution to support ASCI's excellent ESG leadership. ASCI said ...

Colonial First State launches sustainable growth fund

CHLOE WALKER  |  MONDAY, 21 NOV 2022
Colonial First State (CFS) says its new sustainable growth fund has been designed to remove barriers to investing sustainably. The product, Thrive+, was developed after CFS commissioned a study of nearly 5000 Australians and found that of the respondents ...