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Showing 3041 - 3050 of 20552 results for "BEN"

Cbus, Media Super set merger date

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
Media Super has confirmed the two funds will merge on April 9 and that its members will see their administration and investment fees increase slightly in return for a more comprehensive offering. In an update to members, Media Super said its merger ...

CalPERS names new chief investment officer

JAMIE WILLIAMSON  |  WEDNESDAY, 23 FEB 2022
... team." In joining, Musicco will replace Dan Bienvenue who has acted in the role since August 2020 following the resignation of Ben Meng who was accused of failing to fully comply with the California Fair Political Practices Commission in regards to financial ...

HESTA endorses super splitting initiative

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
HESTA is recommending super funds adopt a new process to make the splitting of assets easier following the results of a successful pilot program. HESTA is the first Australian super fund to adopt the Simpler Super Splitting initiative, which uses a ...

Prime Value hires Rest portfolio manager

KARREN VERGARA  |  WEDNESDAY, 23 FEB 2022
Boutique fund manager Prime Value appointed a new portfolio manager from Rest who was most recently in charge of its small-caps strategy. Melbourne-based Mike Younger was Rest's director and small-cap portfolio manager for more than five years. ...

BlackRock strengthens Australasia, APAC leadership

CHLOE WALKER  |  WEDNESDAY, 23 FEB 2022
BlackRock has promoted Jason Collins to deputy head for Australasia and appointed a new head of institutional for Asia Pacific. Collins will report to BlackRock Australasia's country head Andrew Landman, effective immediately. He will work closely ...

Budget Direct, NobleOak partner for life insurance offering

KARREN VERGARA  |  TUESDAY, 22 FEB 2022
Budget Direct has joined forces with NobleOak Life to provide its customers a life insurance offering. The Budget Direct Life Insurance range of covers are available to Budget Direct customers who pay for the Premium Life Direct policy. The policy includes ...

Charter Hall snags another Bunnings

CHLOE WALKER  |  TUESDAY, 22 FEB 2022
Charter Hall Group has acquired its 66 th Bunnings warehouse, located in South Nowra. The property was purchased by the fund manager for $65.3 million, with an attractive net lease of 12 years and an initial passing yield of 4.0%. With a prominent 240 ...

CalPERS, CalSTRS face fossil fuels ban

JAMIE WILLIAMSON  |  MONDAY, 21 FEB 2022
Two of the world's largest pension funds could be forced to divest all fossil fuel companies and be banned from making any further investments under a new bill. The Fossil Fuel Divestment Bill to advance California Climate Goals was introduced into ...

Netwealth tops platform ratings

CHLOE WALKER  |  MONDAY, 21 FEB 2022
Investment Trends has launched its 2021 Platform Benchmarking and Competitive Analysis Report, with Netwealth receiving a near perfect score - just inching out HUB24. Assessed across more than 500 different criteria, Netwealth took the top spot in overall ...

Big tech, interest rates dominate reporting season

KARREN VERGARA  |  MONDAY, 21 FEB 2022
Interest rate speculation and big tech were the hottest topics among investors in the latest round of Australia's reporting season. Demographic changes and digital advancements continue to prop up opportunities for technology, with the sector supporting ...