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Showing 3101 - 3110 of 21898 results for "Fund."

No longer an accumulation game: ART

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
Addressing the crowd at the International Congress of Actuaries 2023, Australian Retirement Trust (ART) strategist, asset and liability management Kathryn Spragg said the super system needs alternative measures to start looking at retirement products. ...

APRA probes super fund payments to unions

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
During a Senate Economics Committee session yesterday, it was revealed that APRA is investigating the financial relationships between superannuation funds and unions. APRA deputy chair Margaret Cole confirmed the regulator's ongoing scrutiny into certain ...

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
Gurner and Qualitas-backed GQ build-to-rent (BTR) platform has expanded its pipeline to 3650 apartments in Brisbane and Melbourne, in a bid to deliver "much needed apartment stock" to the market. The news comes after GQ Multifamily announced the closure ...

Hejaz backs local Islamic bank

KARREN VERGARA  |  WEDNESDAY, 31 MAY 2023
... Hejaz currently has $1.3 billion in funds under management and advice. It has two ASX-listed products: the Hejaz Equities Fund (ISLM) and Hejaz Property Fund (HJZP). The group recently launched Hejaz Financial Advisers to support financial advisers with ...

Nanuk launches currency hedged unit class

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
Nanuk Asset Management has added a currency hedged unit class to the Nanuk New World Fund to provide a safety net against the impact of currency fluctuations on investment returns. Nanuk head of distribution Dan Powell said: "Over the past 12 months ...

Active fund outperformance mostly short-lived: SPIVA

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
The S&P Indices Versus Active (SPIVA) Persistence Scorecard has shown a staggering number of Australian actively managed funds failed to outperform over five consecutive years. According to the report, nearly no actively managed equity, A-REIT and fixed ...

Dutch pension giants back $1.5bn local BTR deal

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
Scape Australia, a residential-for-rent owner and operator, has teamed with Dutch heavyweights APG Asset Management and fund manager Bouwinvest, to develop and acquire assets in Australia's burgeoning build-to-rent sector. The partnership, subject ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
Muzinich and Co is rolling out its MLoan fund to Australian investors, expected to be available in July. MLoan, which replicates Muzinich's parallel lending strategy launched in 2018, invests predominately in private European senior secured, floating ...

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
Spirit Super has corrected a non-compliance issue, amending its process for monitoring the use of reserves to cover expenses that exceed the fees and costs charged to members. Last month, the industry fund acknowledged that it had inadvertently omitted ...

4D Infrastructure welcomes new investment director

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
Tim Snelgrove has been appointed investment director and will report into chief investment officer Sarah Shaw. Snelgrove will be based in Sydney and brings 14 years of experience in financial services to the role, including 12 years in globally listed ...