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Showing 3001 - 3010 of 22782 results for "Funds"

Lendlease, Daiwa House strike BTR deal

CHLOE WALKER  |  WEDNESDAY, 19 JUL 2023
... the US and Asia. In a staff announcement, Lendlease chief executive Tony Lombardo said the developer would aim to grow its funds management business, and focus on development projects, which supported that growth while "rightsizing our construction workbook ...

Hostplus tops up mandate, returns 8% to members

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... MySuper accumulation members, while pension members fared slightly better with a return of 8.95%. While it was one of the few funds to see a positive return in FY22, this year its accumulation default comes in behind the likes of AustralianSuper, Australian ...

Trustees lack urgency, strategy on RIC: Regulators

KARREN VERGARA  |  TUESDAY, 18 JUL 2023
A joint regulatory review finds that superannuation funds are shrugging off the urgency to offer robust retirement income strategies and are failing to integrate this mandate into their business plans. One year since the Retirement Income Covenant took ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
... make advice more accessible. At a Financial Services Council breakfast this morning, Jones clarified that superannuation funds will be able to offer advice at every stage of a member's life, shooting down assumptions that his proposed changes, based ...

Does ESG have a fiduciary issue?

ROSE MARY PETRASS  |  MONDAY, 17 JUL 2023
... Etienne of Preqin First Close said. She says higher levels of ESG transparency drive growth, and that thematic investing funds are attracting investor attention. Etienne added there will be growing sophistication in the market for human rights issues. ...

Leigh Watson caps four decades in industry

ELIZABETH FRY  |  FRIDAY, 14 JUL 2023
... officer in Asia. Previously he served as chief executive of Asia at MLC. Having worked across the life insurance/reinsurance, funds management and superannuation sectors, he is keeping an eye out for non-executive opportunities, he said. Accolades poured ...

Office sector down 8%: MSCI

KARREN VERGARA  |  FRIDAY, 14 JUL 2023
... beating, suffering an 8% devaluation to its capital in the last financial year, according to MSCI. Commercial real estate funds returned -4.4% for investors and provided a measly 3.7% in income during the period. In the June quarter alone, office funds ...

Diversa loses key super fund mandate

JAMIE WILLIAMSON  |  THURSDAY, 13 JUL 2023
One of the largest superannuation funds on Diversa's books has signed with a new trustee, in what the fund's described as "positive news." Future Super moved to Equity Trustees this month, dumping Diversa which has served as trustee since its ...

Equity Trustees takes on new RE mandate

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... fund management arm of Aqualand Group, selected Equity Trustees to be the responsible entity of its new range of retail funds. The funds include the ALC Global Credit Fund, the ALC Active Australian Equity Fund and the ALC Active International Equities ...

Brighter Super sees double-digit returns

CHLOE WALKER  |  THURSDAY, 13 JUL 2023
... added the merger of LGIAsuper and Energy Super in 2021 occurred at an "opportune'' time, enabling the best elements of both funds to be combined and for the portfolio to be configured for the market environment it was moving into. The just-completed ...