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Showing 351 - 360 of 2290 results for "industry fund"

ASIC industry levy to increase

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
Financial advisers will need to fork out an extra 27% to pay the regulator's industry funding levy for the 2021 financial year. Advisers will pay $71.354 million in aggregate or $3138 on a per adviser basis plus a fixed amount of $1500 per licence ...

ACSI names new president

KARREN VERGARA  |  WEDNESDAY, 21 JUL 2021
... Council of Superannuation Investors' president Ian Silk is stepping down and will hand over the reins to another industry fund chief executive. HESTA chief executive Debby Blakey is the incoming president of the council, replacing AustralianSuper chief ...

NGS Super awards $150m small caps mandate

KANIKA SOOD  |  MONDAY, 19 JUL 2021
The $12 billion industry fund has picked an external manager for a $150 million allocation to global small caps. American Century Investments will invest the NGS allocation through its global small cap strategy. "We believe our differentiated growth-oriented ...

UniSuper's O'Sullivan on what's next

KANIKA SOOD  |  MONDAY, 19 JUL 2021
Two months out from his last day at UniSuper, chief executive Kevin O'Sullivan talks to Financial Standard about his eight years at the fund, going public offer and staying away from mergers. O'Sullivan arrived at UniSuper in 2013, after a career ...

Aware questioned on bonuses

ELIZABETH MCARTHUR  |  THURSDAY, 8 JUL 2021
The $130 billion industry fund Aware Super was grilled on the bonuses it pays executives and how it justifies them. The House of Representatives Standing Committee on Economics asked Aware chief executive Deeanne Stewart and chief investment officer ...

Cbus hires from APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUL 2021
The head of investment risk at APRA is taking on a newly created role at the $63 billion industry fund. Mark Ferguson joined Cbus this week as its head of total portfolio management; a new role in support of the fund's efforts to internalise investments. ...

AMP Life CIO moves to HESTA

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 JUL 2021
... management, nabbing the former chief investment officer for AMP Life. Jeff Brunton will move to the $62 billion industry fund, after a year as chief investment officer at AMP Life, followed by a year as deputy chief investment officer at Resolution Life ...

AustralianSuper names next merger partner

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
AustralianSuper is working on its next merger, this time with a 43-year-old industry fund. The nation's largest super fund has signed a Memorandum of Understanding to merge with LUCRF Super, the Labor Union Cooperative Retirement Fund. Established ...

Aware Super joins APG in Spanish property firm

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
The industry fund has committed â,¬600 million to a firm in the Spanish residential rental market, joining Dutch pension fund APG as an equal shareholder. Vivenio Residencial Socimi S.A. develops, acquires and manages residential rental properties ...

Cbus expecting 19% returns for year

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
The industry fund is expecting to cap off the financial year with 19% returns, on the back of strong markets and a 1.5% to 2% alpha contribution. Cbus chief investment officer Kristian Fok yesterday said the 19% expected return was a "remarkable turnaround" ...