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Showing 2921 - 2930 of 22782 results for "Funds"

Danish pension fund hands $500m to QIC

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
QIC has entered a strategic partnership with one of Denmark's largest pension funds to provide exposure to European private equity investments. The initial $500 million mandate from PenSam will be invested over three years through both co-investments ...

TelstraSuper enhances lifecycle arrangement, introduces new option

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... option at 70 rather than 65. The aim is to improve members' retirement outcomes, potentially contributing additional funds to the average member's balance by the time they turn 70, the fund said. TelstraSuper chief investment officer Graeme Miller ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
... experience in developing digital businesses and B2C platforms. The two hope to form a consortium of profit-to-member super funds to develop a technology solution that is shaped by member needs and feedback, "and would focus not only on informing and ...

Madison FG, Godfrey Pembroke's PDG combine services

KARREN VERGARA  |  THURSDAY, 17 AUG 2023
... the two parties. Service Co will be majority owned by the financial advisers. Together, they will have some $8 billion in funds under management and over 130 advisers. Madison had 73 authorised representatives overseeing $3 billion of FUA at the end ...

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... affluent segments, driving new revenues and boosting net inflows. The wealth management company today reported a record funds under administration (FUA) of $70.3 billion in FY23, representing a 26.3% increase on the previous financial year. In an ASX ...

Dexus reports $752.7m loss

CASSANDRA BALDINI  |  WEDNESDAY, 16 AUG 2023
... primarily driven by unrealised valuation losses on its investment properties. In its FY23 results, Dexus disclosed that adjusted funds from operations stood at $555 million. This translates to 51.6 cents per security, which represents a 3% decrease when ...

Super funds lobby for super tax reform

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Twelve industry super funds have called on the federal government to urgently reform a superannuation tax offset to prevent low-income workers from being penalised. The group of funds, which include Aware Super, Cbus, HESTA, and AustralianSuper, together ...

Retail investors ready to dive back in: Survey

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
... Australian retail investors holding more than $10,000 on the share market, in addition to other investments such as managed funds, property and superannuation portfolios. It revealed the intentions to increase investment over the coming year as concerns ...

Institutional investor pumps $750m into Qualitas fund

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
... million by an unnamed institutional investor brings the size of the fund to $1.95 billion, and Qualitas' total committed funds under management (FUM) to about $6.8 billion. Qualitas' FUM has increased by 12% since May and 59% since June 30 last year. ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... Equity Trustees (UK & Europe) was established in January 2017. The fiduciary services provider then transferred its Irish funds business from London to Dublin in 2019, ahead of Brexit. Amid those changes, Equity Trustees co-chief executive of fund services ...