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Showing 11 - 20 of 1509 results for Andrew McKean

Pinnacle founder Ian Macoun unloads $77m of shares

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
Pinnacle managing director Ian Macoun, who founded the investment management firm, has sold nearly four million shares in the firm for $76.7 million; the proceeds are earmarked for reinvestment in its affiliated fund manager Metrics. Macoun made the ...

Betashares gearing up to expand Wealth Builder product suite

ANDREW MCKEAN  |  WEDNESDAY, 25 JUN 2025
Betashares has registered a new managed investment scheme, which possibly signals the expansion of its Wealth Builder geared ETF product suite, launched in April last year. The Betashares Wealth Builder Global Shares Geared (30-40% LVR) Complex ETF ...

Group insurance premiums paid by super funds up 7%

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
Group insurance premiums paid through APRA-regulated superannuation funds rose by 7% in 2023-24, taking total premiums up to $9.5 billion, according to Rainmaker Information. Meanwhile, group insurance claims paid rose 16% in 2023-24 to a record $5.8 ...

Australia's largest real estate fundie pulls ahead of the pack

ANDREW MCKEAN  |  TUESDAY, 24 JUN 2025
Australia's largest real estate fund manager has widened its lead over competitors in the past year, according to a new industry survey. Charter Hall cemented its spot at the summit, continuing its reign as the nation's largest real estate manager with ...

SMC backs principles-based approach to corporate governance

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
Super Members Council (SMC) has championed the flexibility of a principles-based approach to corporate governance as essential for effective oversight, risk management, and accountability, warning against a 'tick-the-box' approach in its submission ...

Global X scales higher on the ETF issuer podium

ANDREW MCKEAN  |  MONDAY, 23 JUN 2025
Global X has climbed the ranks of Australia's largest ETF issuers, overtaking State Street, having vaulted its assets under management (AUM) past the $10 billion mark. Global X chief executive Alex Zaika said the firm has leapfrogged State Street and ...

Productivity woes endure in March quarter

ANDREW MCKEAN  |  FRIDAY, 20 JUN 2025
Productivity, a concept treasurer Jim Chalmers recently described as too often seen as "cold" and "almost soulless," despite it being, as he also noted, the best way to improve people's lives over time, was stagnant in the March quarter and declined ...

Chalmers champions productivity, urges tax reform

ANDREW MCKEAN  |  THURSDAY, 19 JUN 2025
Treasurer Jim Chalmers has cast productivity as the government's chief priority, with budget sustainability and resilience also among its key focuses but made the case that sensible progress can't be made without proper consideration of more tax reform ...

Rest, NZ Super Fund top global rankings for best practices

ANDREW MCKEAN  |  THURSDAY, 19 JUN 2025
Rest and the NZ Super Fund have bagged a perfect score in GlobalSWF's GSR scoreboard for governance, sustainability, and resilience. Established in 2020, the annual study examines all the publicly available information from the world's largest sovereign ...

En garde: New fund eyes Vanguard, Betashares' turf

ANDREW MCKEAN  |  THURSDAY, 19 JUN 2025
Vanguard, Betashares, and BlackRock have an iron grip over the ETF industry, commanding the lion's share of funds under management (FUM) - thanks largely to their flagship core, low-cost equity exposures. However, Financial Standard understands that ...