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Showing 3781 - 3790 of 21908 results for "Fund."

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
Equity Trustees has announced it will acquire Insignia Financial's Australian Executor Trustees (AET) for $135 million. Following last week's market speculation, a statement said the acquisition will deliver significant growth for EQT, adding ...

Calls to pay super on parental leave grow

JAMIE WILLIAMSON  |  MONDAY, 22 AUG 2022
HESTA has joined calls for superannuation to be paid on Commonwealth Paid Parental Leave entitlements, saying modelling shows it could see a mother of two retire with $14,000 more in her account. The super fund has joined a coalition of 18 organisations ...

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
... fraudulently purchased things including real estate and luxury cars for his family members and related companies and used them to fund "returns" to other investors. In some cases, the funds provided to the director of DanFX Trade by investors had come ...

Aware Super overhauls fee structure

CASSANDRA BALDINI  |  FRIDAY, 19 AUG 2022
Aware Super is removing trustee charges and management fees from its products, which will simplify the structure for more than 1.1 million members. The changes will reduce fixed fees for nearly 98% of its membership who are in pension mode, transitioning ...

NGS Super bolsters investment team

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
NGS Super has made two new hires to strengthen its capabilities in international and Australian equities, as the fund works toward a carbon-neutral investment portfolio by 2030. Susan Ding has been appointed as a senior manager of international shares ...

AustralianSuper grows New York team

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
As it looks to increase its exposure to US markets, AustralianSuper has made a raft of appointments to its New York based investment team and relocated its head of private equity. The $260 billion fund recently relocated its head of private equity Terry ...

HESTA, Mercy Super to pursue merger

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
HESTA and Mercy Super announced in June that they were well progressed with potential merger discussions. Now, the two have signed a Successor Fund Transfer deed with the aim of merging by November 30. The merger will see Mercy Super's 13,000 members ...

Tattarang invests in future of Australian healthcare

CHLOE WALKER  |  THURSDAY, 18 AUG 2022
Andrew and Nicola Forrest's Tattarang has backed new biotech venture capital group Tenmile to the tune of $250 million. The company will focus on supporting founders and companies building new, impactful health techbology and biotech solutions. Already ...

SVG invests in Australian agtech

CHLOE WALKER  |  THURSDAY, 18 AUG 2022
Silicon Valley agrifood innovation investor SVG is launching a $50 million venture fund in Melbourne to fund local agtech startups. The THRIVE Australia Venture Fund aims grow the agtech startup ecosystem in Victoria and across Australia fast-tracking ...

Iress records 29% jump in profit

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Iress has reported a 29% increase to its underlying net profit after tax (NPAT), coming in at $31.8 million, as it looks to strengthen its position with superannuation funds. The increase comes in its half-year results (H1 22) which also showed revenues ...