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Showing 351 - 360 of 4510 results for "Trustee"

What you read in 2024

ELIZA BAVIN  |  FRIDAY, 20 DEC 2024
... and announced it would be wound up. The fund was established in 1977 by agribusiness Manildra Group which notified the trustee that while the fund continues to promote member outcomes, according to its own assessment, it would terminate the offering ...

Ares appoints EQT as RE for private market fund

MATTHEW WAI  |  FRIDAY, 20 DEC 2024
Ares Management Corporation has selected Equity Trustee (EQT) as responsible entity for its recently launched Ares Private Markets Fund (AUT). Financial Standard flagged the fund launch last week, with AUT - an Australian domiciled unit trust to provide ...

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... as State Super, icare, Sydney Water, and Transport NSW. During the period, it generated 7.5% p.a. for the State Super Trustee Selection (Defined Benefit) Portfolio and 8.4% p.a. for the Treasury Managed Fund. Some 17% or $19 billion of total AUM sits ...

AI can improve super fund value chain: CFA Institute

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
Superannuation funds and the broader global pension system can benefit from artificial intelligence (AI) in every corner of the value chain to ultimately provide efficient, personalised services to members, new research from the CFA Institute found. ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
The proposed acquisition of Perpetual's wealth management and corporate trustees' businesses by Kohlberg Kravis Roberts (KKR) has been deemed not in the best interests of shareholders. An independent expert informed the wealth manager that the risk ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
Many superannuation trustees have been told they must improve their valuation governance practices, with APRA finding just 11 have dedicated valuation committees while others involve staff members whose remuneration is tied to asset values in the process. ...

JBWere partners to launch fixed income funds

MATTHEW WAI  |  TUESDAY, 17 DEC 2024
... exclusively to JBWere's wholesale clients this month. Under the agreement, UBS AM will issue the products and act as the trustee, while also providing investment management services. JBWere will have representation on an oversight committee, it said. ...

Invest Blue expands offering with new acquisition

ELIZA BAVIN  |  TUESDAY, 17 DEC 2024
... an enhanced client experience. "The client is at the forefront of everything that we do. Be it, acting as professional trustee for funds and managed account solutions or partnering with best-in-class investment managers globally via our Investment Solutions ...

Hostplus' AFCA complaint response times lag

ELIZA BAVIN  |  MONDAY, 16 DEC 2024
Hostplus published its inaugural Service Standards Report, aimed at improving transparency and accountability, with hopes other funds will follow suit. Hostplus chief executive David Elia said the report provides a comprehensive view of the volume ...

Danielle Press joins Income Asset Management

JAMIE WILLIAMSON  |  THURSDAY, 12 DEC 2024
... effective today. She was most recently a commissioner at ASIC, and is currently chair of the Insignia Financial Superannuation Trustee Boards. She has previously served as chief executive of Myer Family Company and Equip Super. The appointment comes ...