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Showing 321 - 330 of 1826 results for "DAM"

Suncorp agrees to super class action settlement

JAMIE WILLIAMSON  |  TUESDAY, 26 JUL 2022
Suncorp is set to pay $33 million to settle a class action brought by superannuation members in 2019 over conflicted remuneration paid to financial advisers. The class action was brought by William Roberts Lawyers in June 2019 on behalf of Suncorp Super ...

New chief investment officer for BUSSQ

CHLOE WALKER  |  MONDAY, 25 JUL 2022
Peter Laity has been appointed as BUSSQ's new chief investment officer. Laity, a veteran in the field, has previously served as head of equities at State Super and TCorp Investment Management, as well as head of investments at ESSSuper. More recently ...

Mercer pumps $100m into Perennial Partners strategy

CHLOE WALKER  |  MONDAY, 25 JUL 2022
Mercer Investments handed a $100 million mandate to Perennial Partners, for investment in its Better Future Strategy. The RIAA certified Better Future Strategy is an actively managed portfolio focused on ethical small and mid-cap companies. A significant ...

US rocked by inflation disaster

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
The US Bureau of Labor Statistics has reported that inflation has surged 9.1% over the last year, shooting up a torrid 1.3% in June alone. While inflation has surged to its highest level in 41 years, US president Joe Biden said the CPI data doesn't ...

ETF flows up despite volatility: Vanguard

ANDREW MCKEAN  |  THURSDAY, 14 JUL 2022
Australian ETF net inflows remained positive through a volatile quarter, according to joint data from the ASX and Vanguard. However, compared to Q1, the industry's total assets under management (AUM) dropped almost 10% from $132 billion to $119 billion. ...

GSFM promotes, hires in distribution team

CHLOE WALKER  |  MONDAY, 11 JUL 2022
GSFM has promoted Steven Taylor to national distribution manager, in addition to appointing Simone Newman as a key account manager for Victoria and Tasmania. Joining from Challenger Group in 2013, Taylor was previously GSFM's state manager for Queensland. ...

David Elmslie steps down as Hostplus chair

JAMIE WILLIAMSON  |  MONDAY, 4 JUL 2022
After 15 years at the helm of the fund's board, David Elmslie has been replaced by former QIC chief executive Damien Frawley. Elmslie's term came to an end on Friday, June 30. He was first appointed chair of Hostplus in 2007. At that time, Hostplus ...

Ken Henry resigns from ASX board

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
The ASX board has announced the departure of non-executive director Ken Henry, appointing Heather Smith in the role. Henry announced his retirement, stating he will not seek re-election when his term expires at the 2022 annual general meeting. He has ...

Aware Super establishes dedicated real estate arm, names chief executive

ANDREW MCKEAN  |  THURSDAY, 23 JUN 2022
Aware Super has named Michelle McNally as the founding chief executive of its new property platform, Aware Real Estate. Aware Super established Aware Real Estate to oversee its directly owned Australian build to rent industrial and office property portfolio. ...

Squirrel Super to pay over false property claims

JAMIE WILLIAMSON  |  TUESDAY, 21 JUN 2022
More than 18 months after legal action was launched, Squirrel Super will pay $55,000 for claims made in marketing materials about investing in residential property. The SMSF administrator was found by the Federal Court to have distributed a brochure ...