Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 3201 - 3210 of 15784 results for "TER"

NGS to reduce emissions 35% in three years

RACHEL ALEMBAKIS  |  FRIDAY, 13 MAY 2022
The super fund is aiming to reduce its carbon footprint by 35% by 2025 en route to its 2030 net carbon zero target. "We have set this very aggressive target of 2030 to decarbonise the portfolio, and we are much more confident at this point in time that ...

Morrison & Co appoints inaugural partners

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Morrison & Co has adopted a partnership model in what the 33-year-old firm says is an important milestone in becoming a truly global infrastructure investor. Fourteen people have been named partner across six countries. In Australia, they include co-head ...

Magellan appoints new chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Magellan Financial Group has named its new chief executive and managing director, hiring from the Future Fund. Currently deputy chief investment officer, public markets at Future Fund, David George will take on the top job at embattled Magellan from ...

AustralianSuper boosts private equity investments by $13bn

ANDREW MCKEAN  |  TUESDAY, 10 MAY 2022
AustralianSuper will invest $13 billion into private equity globally over the next two years and grow its US-based team to deliver strong long-term returns for members. About $9.5 billion of this capital is planned to be invested in the US where the ...

Magellan offloads GYG stake

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
Magellan Financial Group has sold its 11.6% stake in Guzman y Gomez to a Barrenjoey Capital Partners entity for $140 million so it can focus on funds management. According to an ASX statement, Barrenjoey intends to seed an investment trust comprising ...

Cbus executive named ESSSuper chief

JAMIE WILLIAMSON  |  FRIDAY, 6 MAY 2022
Following the exit of Mark Puli in January, ESSSuper has named its new chief in Cbus group executive Robbie Campo. Campo will assume the top job at the $35 billion government fund in July. She was appointed following an extensive recruitment process ...

Woolworths scraps AMP super mandate

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Woolworths has terminated the $4 billion corporate super mandate it had with AMP, instead appointing Australian Retirement Trust to manage 30,000 employees' superannuation. In a Q1 2022 assets under management and cashflows update to investors ...

Macquarie Group posts record earnings

ANDREW MCKEAN  |  FRIDAY, 6 MAY 2022
Macquarie Group has posted a $A4.7 billion net profit for the year ended 31 March 2022, up 56% from the prior year. This strong result was carried by impressive performances across all the companies operating groups. Items within the banking group that ...

TWUSUPER chair retires after two decades

JAMIE WILLIAMSON  |  THURSDAY, 5 MAY 2022
The longstanding chair of the $6.5 billion industry fund has stood down, with Nick Sherry appointed to the role. Effective this month, Sherry will lead TWUSUPER's board, drawing on his experience as Australia's first minister for superannuation between ...

AMG Super hires to distribution team

CHLOE WALKER  |  THURSDAY, 5 MAY 2022
AMG Super has appointed the former head of distribution at Powerwrap to a business development role. Richard Carr is joining the super fund as a business development manager, based in Melbourne. In this role, he will oversee distribution in Victoria ...