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Showing 301 - 310 of 1161 results for "Pension fund"

MySuper reforms could have downsides

ELIZABETH MCARTHUR  |  FRIDAY, 9 OCT 2020
The government's proposed reform to MySuper products, which will involve naming and shaming underperforming MySuper products, could actually end up hurting fund performance, according to some critics. Advance Human Solutions managing director Alexandra ...

Pension funds sue Allianz Global Investors

KARREN VERGARA  |  TUESDAY, 29 SEP 2020
... and losing billions of dollars in retirement savings. The Arkansas Teacher Retirement System (ATRS) was the first pension fund to file a complaint in July, alleging that Allianz GI failed its stewardship over the now-defunct Structured Alpha Funds portfolio. ...

Global pension fund doubles down on APAC

JAMIE WILLIAMSON  |  MONDAY, 21 SEP 2020
A major Canadian pension fund is increasing its presence in Asia Pacific, establishing a new office focused on opportunities in Australia and New Zealand. Ontario Teachers' Pension Plan Board (OTPP) opened a new office in Singapore today, marking the ...

Aware Super joins forces with Dutch pension fund

ALLY SELBY  |  THURSDAY, 17 SEP 2020
... facilities. Following the agreement, APG and Aware Super hold an equal economic interest in City ID, which the Dutch pension fund acquired a stake of in 2019. The "significant equity commitments" will allow the aparthotel provider to expand across other ...

Aussie super funds climb ranks

JAMIE WILLIAMSON  |  TUESDAY, 8 SEP 2020
... Fund of Japan ranked first with $2.2 trillion in AUM. It's a whopping 46% larger than the second ranked Government Pension Fund of Norway at $1.5 trillion. Elsewhere, WTW said defined contribution (DC) assets grew by 9.2% during 2019, while defined benefit ...

Funds services firm expands offerings

KARREN VERGARA  |  TUESDAY, 8 SEP 2020
A boutique administration services firm is expanding its back-office offering to include trustee, custody and escrow services. Intertrust Group has secured an AFSL that will enable it to provide additional fund services to asset managers, institutional ...

UK pensions to factor in climate change risk

JAMIE WILLIAMSON  |  FRIDAY, 4 SEP 2020
UK pension funds may soon be required by law to report on the risks climate change could have on their members' investments, becoming the first major economy to do so. Speaking last week, the UK's work and pensions secretary Therese Coffey proposed ...

Instos dial up alternatives allocations

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
Most institutional investors are seeking alternative investments to safeguard against COVID-19 volatility. New CoreData Research reveals nearly half (40%) of the 459 participants it surveyed between June and July will ramp up allocations to alternatives ...

NPS buffers COVID-19 shocks

KARREN VERGARA  |  TUESDAY, 1 SEP 2020
... foreign currency translation gains from an increase in the USD-KRW exchange rate. NPS is the world's third largest pension fund with KRW752.2 trillion ($859bn) assets under management. Since it was established in 1988, it has delivered 5.30% at an ...

Industry fund reduces fees

KARREN VERGARA  |  MONDAY, 31 AUG 2020
... to better reflect the underlying costs of each option. However, some fees will increase for a minority of options. Pension fund members in the Pension Ethical Growth Plus will see costs go up from 0.97% to 1.01%. Last year, the super fund reduced its ...