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

Search Results

Showing 341 - 350 of 518 results for "Sovereign Wealth"

Fidelity names Australian MD

DARREN SNYDER  |  MONDAY, 17 OCT 2016
... International currently invests US$272 billion globally for clients ranging from pension funds, central banks, sovereign wealth funds, large corporates, financial institutions, insurers and wealth managers, to private individuals. The firm's investment ...

Morgan Stanley chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2016
... firm in a part-time role as a non-executive vice-chairman and will continue as a guardian of the Government's sovereign wealth fund, the Future Fund. Morgan Stanley Australia boasts one of the country's largest retail adviser networks and the company's ...

NZ Super Fund posts decent full-year return

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
... Zealand forestry business Kaingaroa Timberlands, increased in value by NZ$82 million to NZ$1.49 billion. The sovereign wealth fund, which is designed to help pre-fund national superannuation payments from 2032, finished the June financial year at NZ$30.10 ...

QIC and Future Fund win Port of Melbourne lease

DARREN SNYDER  |  MONDAY, 19 SEP 2016
... infrastructure assets. It will be an important contributor to our long-term investment objectives as Australia's sovereign wealth fund," Costello said. GIP Australia partner Russell Smith said the firm "looks forward to bringing to bear our strong port ...

Future Fund ahead of target on tenth birthday

MARK SMITH  |  THURSDAY, 1 SEP 2016
... June the flagship Future Fund reached $122.8 billion in funds under management, double the $60.5 billion the sovereign wealth fund has received in contributions since it was set up in May 2006. While a return of 4.8% in the last financial year was slightly ...

Local hedge funds fighting for insto attention

ALEX BURKE  |  MONDAY, 22 AUG 2016
... "perennial" challenge for Australian hedge funds, who are still contending with the "differing requirements of sovereign wealth, superannuation, offshore pension, HNW, family office and retail client bases." This is compounded by additional "institutional ...

Efficiency key to performance in low-return world

ALEX BURKE  |  FRIDAY, 19 AUG 2016
... owners, superannuation funds, financial advice groups, banks, wealth managers, corporate funds, insurers and one sovereign wealth fund. The respondents said that their two greatest concerns are generating returns and the ongoing risk of economic or market ...

NZSF gets top UN sustainability ratings

ALEX BURKE  |  MONDAY, 15 AUG 2016
The United Nations Principles for Responsible Investment has given top marks to the NZ Super Fund. The sovereign wealth fund has received an A+ rating for responsible investment governance and strategy and either A or A+ ratings across all reported ...

Fees still an issue for alternatives: WTW

KERRIE SYDEE  |  WEDNESDAY, 13 JUL 2016
... (34%) of the top 100 alternative managers' assets, followed by wealth managers (19%), insurance companies (10%), sovereign wealth funds (6%), banks (2%), funds of funds (2%) and endowments and foundations (2%). Commenting on the results senior investment ...

Defined benefit deficit at $182bn

ALEX DUNNIN  |  WEDNESDAY, 6 JUL 2016
... to cover 69% of their estimated liabilities. For example, while the Future Fund is often lauded as Australia's sovereign wealth fund, in reality it has a much more restrictive role as its sole purpose is helping to provision for the $160 billion in DB ...