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Showing 3021 - 3030 of 21898 results for "Fund."

Rest bolsters impact portfolio with private equity investment

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
In a strategic push to meet its impact investment objectives, Rest has invested in a pooled buyout fund run by European private equity firm ARCHIMED. The investment is part of a broader initiative to fulfill the superannuation fund's target allocation ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
Cbus is poised to deliver solid results for its members this year, forecasting a return of about 8.5%, according to newly appointed chief investment officer Brett Chatfield. Speaking with Financial Standard, Chatfield credited the result to a combination ...

ASIC deepens investigation into Magnolia founder

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
The Federal Court has extended the travel ban on Magnolia Capital's founder as he faces an ASIC investigation that alleges $40 million of investor money has gone missing. Mitchell Atkins, also the managing director and chief investment officer of Magnolia ...

E&P appoints new chief executive

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
... and Superannuation Services for providing dodgy advice to retail clients regarding its own US Masters Residential Property Fund (URF). In November 2021, Anderson took on the role of managing director. Prior to E&P, he led corporate restructures for the ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
After almost a decade in partnership, HESTA has opted against renewing its administration services mandate with Link Group. Link first signed HESTA as a client nine years ago, with the most recent contract renewal coming in August 2020 for a three-year ...

Nuveen, Commonwealth Private partner to launch REIT

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
The Nuveen Global Cities Real Estate Fund is the asset managers' first locally domiciled unit trust for Australian private wealth clients. The new vehicle serves as an Australian-domiciled feeder into Nuveen's listed global cities real estate ...

BlackRock raises $500m for Super Battery

ANDREW MCKEAN  |  THURSDAY, 29 JUN 2023
BlackRock Alternatives has secured over $500 million from Australian and global institutional and sovereign co-investors to expedite the development of the Waratah Super Battery. The Waratah Super Battery (WSB), believed to be one the largest committed ...

Trustees must do better on account consolidation: ASIC

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2023
Super funds are not doing enough to address duplicate member accounts, with an ASIC review forcing some trustees to remediate members. Under the Superannuation Industry (Supervision) Act 1993, super trustees must have processes in place to tackle multiple ...

Super funds embrace offshore investment, internal teams

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
JPMorgan's ' The Future of Superannuation ' report highlights how Australia's largest super funds are leveraging their scale to invest offshore and bolster their internal investment capabilities. This strategic shift is particularly ...

AustralianSuper names deputy chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 28 JUN 2023
AustralianSuper has bolstered its leadership team, naming a former chief executive of Frontier Advisors and IFM Investors as its new deputy chief investment officer. Damian Moloney, AustralianSuper's current head of investments (Europe), will assume ...