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Showing 2921 - 2930 of 14212 results for "Interest"

NZ Super Fund delivers 30%

KARREN VERGARA  |  TUESDAY, 14 SEP 2021
... fiscal and monetary policy around the world, we're possibly looking at a period of increasing inflation and rising interest rates. That combination should weigh on company returns and creates a challenging investment environment. We do not expect ...

Verve Super taps investors for $2.6m raise

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... and networking events filled with investors all looking for the next billion-dollar business. There was often little interest in our purpose as a mission-led business or the unique nature of how we're supporting women to close the gender wealth gap. ...

VFMC appoints new chief executive

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
The Victorian government's $64 billion fund manager has named a new chief executive, as Lisa Gray retires after six years in the role. The Victorian Funds Management Corporation will be headed by Kate Galvin as the next chief executive from October ...

Whitehelm Capital sells to German manager

KANIKA SOOD  |  TUESDAY, 14 SEP 2021
... to build longstanding relationships and benefit from their long-term growth. "While it is not our strategy to sell our interest in our boutique partners, PATRIZIA's offer provided a unique and compelling opportunity for Challenger to deliver value for ...

Economic recap: Week to September 10

BENJAMIN ONG  |  MONDAY, 13 SEP 2021
... Australian central bank's decision at its September 7 meeting to "maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0%; maintain the target of 10 basis points for the April 2024 Australian Government ...

ASIC urged to act on common ownership

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
Corporate regulator ASIC was slammed for its lack of oversight over common ownership and concentration at a parliamentary committee this morning. The Standing Committee on Economics, which discussed the implications of capital concentration and common ...

APRA intensifies scrutiny of underperformers

KARREN VERGARA  |  FRIDAY, 10 SEP 2021
... to the movement of members and outflow of funds," he said. APRA will also sharpen its assessment of the best financial interest duty (BFID) so that trustees must have regard to members' financial interest first and foremost beyond other non-financial ...

Sunsuper, QSuper finalise executive team

ELIZABETH MCARTHUR  |  FRIDAY, 10 SEP 2021
The funds have announced two new hires as they work towards finalising their merger and the creation of a $200 billion Queensland mega fund. Anthony Rose has been appointed chief financial officer, and Helen Jackson has been appointed chief people officer. ...

Legislation introduced to create Queensland mega fund

JAMIE WILLIAMSON  |  THURSDAY, 9 SEP 2021
The Superannuation (State Public Sector) (Scheme Amendment) Bill 2021 was tabled in Queensland's parliament last week which, if passed, would pave the way for Sunsuper and QSuper's merger. On September 1, Queensland treasurer and minister for investment ...

Fiducian expands NZ footprint

JAMIE WILLIAMSON  |  WEDNESDAY, 8 SEP 2021
The ASX-listed group is growing its presence across the ditch, with six of its funds becoming available via a KiwiSaver scheme. The six funds have been added to the KiwiWRAP KiwiSaver Scheme, which is a scheme for sophisticated investors looking to ...