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Showing 11 - 20 of 27 results for "ACT Government"

ACT super account takes $450m GFC hit

ALEX DUNNIN  |  FRIDAY, 13 APR 2012
Poor returns due to the GFC has resulted in the ACT government's superannuation provision fund suffering a $450 million investment income shortfall over the past five years. The fund, now estimated to hold $2.2 billion in FUM, was established in 1997 ...

AGEST appoints new CEO

MEDIA RELEASE  |  TUESDAY, 9 NOV 2010
AGEST has appointed legal expert and fund trustee Cath Bowtell as chief executive, replacing Michael Seton who left last month to become CEO of Military Super. Bowtell, has a law degree and has been a superannuation trustee for over ten years, with ...

Military Super CEO resigns, AGEST chief takes over

RUTH LIEW  |  WEDNESDAY, 29 SEP 2010
Michael Seton, chief executive of AGEST Super, has accepted the role of chief executive at Military Superannuation and Benefits Scheme following Paul Watson's resignation. Seton will begin his new role on Friday, 1 October. He replaces Paul Watson ...

AGEST chief exec steps down

MICHELLE BALTAZAR  |  THURSDAY, 5 AUG 2010
The board of $3.7 billion super fund AGEST is on the hunt for a new chief executive after Michael Seton tendered his resignation to pursue new opportunities. Seton said in a prepared statement issued today that his years at AGEST have been enjoyable ...

Market Wrap - Morning

AAP  |  TUESDAY, 4 MAY 2010
The Australian stock market has received a positive lead from offshore markets, with Wall Street closing higher and oil and gold prices firmer. At 0741 AEST on the Sydney Futures Exchange, the June share price index contract was 20 points higher at ...

ACT govt funds adopt sustainable investing

MICHAEL HOBBS  |  FRIDAY, 19 OCT 2007
The ACT Government's $1.4 billion Superannuation Provision Account investment portfolio is set to adopt the United Nations (UN) Principles for Responsible Investment and implement a risk-based approach to its investment decisions, following recommendations ...

Russell wins $3bn ACT Treasury mandate

CHRIS NICHOLLS  |  MONDAY, 10 SEP 2007
... Russell advise on the Superannuation Provision Account (SPA) and the Territory Banking Account (TBA). The SPA holds ACT Government deposits to meet future unfunded employer superannuation obligations. The TBA comprises Territory Banking Account cash ...

Market wrap - morning

AAP  |  TUESDAY, 5 JUN 2007
The Australian share market is expected to open flat today after a strong performance on Wall Street and a sharp fall of stocks in China. At 0804 AEST, on the Sydney Futures Exchange, the June share price index was down a point to 6407. Today, the Australian ...

ACT Govt to announce investment review

ALEX DUNNIN  |  MONDAY, 5 MAR 2007
The ACT Government is set to announce a review of investments held by its investment funds, including the ACT future fund for superannuation liabilities, the $2 billion Superannuation Provision Account (SPA). The Canberra Times has reported that Chief ...

ACT Super to review investment in tobacco and nukes

NICK OLIVER  |  MONDAY, 22 JAN 2007
The ACT Government superannuation fund has investments in tobacco firms, arms manufacturers, uranium producers and the gambling industry, it has been revealed. A list of stocks that the government super fund holds that was released by ACT Treasury revealed ...