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Showing 2961 - 2970 of 8182 results for "Institutional"

Kapstream renews industry fund relationship

DARREN SNYDER  |  THURSDAY, 30 AUG 2018
... fund is earmarking a further $300m to be invested before the end of 2018. Currently the fund is only available to institutional investors. However, early interest from financial advisers will likely drive the manager to launch an adviser share class ...

Industry fund awards fixed income ESG mandate

KANIKA SOOD  |  WEDNESDAY, 29 AUG 2018
An $11 billion industry fund has awarded a global bond manager a $440 million mandate to invest in global fixed income and credit. Local Government Super has given PIMCO an ESG mandate to invest in global credit and government bonds. PIMCO already holds ...

Future Fund delivers 9.3%, increases risk moderately

KANIKA SOOD  |  WEDNESDAY, 29 AUG 2018
The Future Fund delivered a 9.3% annual return, taking Australia's sovereign wealth fund to $146 billion. It also added "moderate" risk in the period to take advantage of a shorter-term economic outlook which it says looks positive. Its 10-year return ...

Macquarie boards add new CEO and Westpac veteran

KANIKA SOOD  |  TUESDAY, 28 AUG 2018
... Westpac's merger and acquisition functions. He has also served as Westpac's group chief financial officer and Westpac Institutional Bank's group executive. Shemara Wikramanayake, who is due to replace Nicholas Moore as Macquarie Group's chief executive ...

MetLife partners with industry fund for digital tool

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
MetLife Australia partnered with an $8 billion industry superannuation fund to launch its digital life insurance tool designed to speed up claims tracking and lodgment for fund members. Statewide Super partnered with MetLife to launch the new digital ...

OneVue and boutique fund manager ink platform deal

JAMIE WILLIAMSON  |  TUESDAY, 28 AUG 2018
... OneVue chief executive Connie Mckeage said its platform business will continue to target both dealer groups and institutional market, yet the insto market is where it sees the largest growth opportunity. OneVue is finalising contractual negotiations ...

Life insurers take the Royal Commission stand

HARRISON WORLEY  |  TUESDAY, 28 AUG 2018
Some of Australia's prominent life insurers are preparing for time in the Royal Commission witness box, after case studies were announced for the sixth round of public hearings. TAL, CommInsure, ClearView and Freedom Insurance have been named to ...

Retail super funds in hot water: Royal Commission

KARREN VERGARA  |  MONDAY, 27 AUG 2018
... communications firm. Australian Family's chief executive is the brother of Robert Clancy, the super fund's head of institutional relations; Clancy's wife was a shareholder in the company. CSF's inappropriate use of its corporate credit ...

CountPlus resumes dividend payments

HARRISON WORLEY  |  MONDAY, 27 AUG 2018
CountPlus reported its FY18 earnings as the business moves into the final stage of a two-year transformation period, resuming dividend payments in the process. In a release, the diversified wealth management firm announced it had resumed dividend payments ...

Aussie super asset allocation "riskier": Research

HARRISON WORLEY  |  MONDAY, 27 AUG 2018
UBS Asset Management's latest pension fund indicator report highlights the propensity of Australian superannuation funds to invest a substantial portion of retirement savings in "risker" assets such as equities. According to the report, the asset ...