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Showing 361 - 370 of 3359 results for "Mandate"

Future Super returns 10.1% to ethically minded members

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
... long-term view on the inevitability of the transition away from fossil fuels." Further, because of its impact investment mandate, the fund is also typically overweight private credit and clean energy infrastructure, which Davis believes will serve members ...

Aviva exits Australia, shutters fund

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
Aviva Investors is shuttering its Australian office and moving operations offshore as it also terminates its strategy, the Multi-Strategy (AIMS) Target Return Fund. Aviva told investors that it has "recently made the decision to close the investment ...

Retirement Income Covenant still weak: APRA, ASIC

KARREN VERGARA  |  TUESDAY, 2 JUL 2024
... that found trustees shrugged off the urgency to offer robust retirement income strategies and failed to integrate this mandate into their business plans. The Retirement Income Covenant, which was mandated on 1 July 2022, requires trustees to design a ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
... global core timberland, and as ACCESS' sole global impact timberland manager. The initial size of the ACCESS timberland mandate is around £300 million ($569 million). Members of the ACCESS Pool have one of the longest histories in timberland investing ...

Local Aviva Investors managing director to exit

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
Aviva Investors, the global asset management business of London insurer Aviva Plc, will farewell its local managing director following a decision to manage distribution from Singapore. Australian managing director Brett Jackson has been with the firm ...

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... aggregate of $340 million of new capital to invest into co-investment opportunities, both locally and globally. The new mandate comes after Stafford appointed Stephen Milburn-Pyle as its new superannuation lead back in March. Prior to joining Stafford ...

Qualitas secures additional $300m mandate

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... remaining $80 million is set to be activated at ADIA's discretion. Qualitas' co-investment in QDCI remains at $50 million. The mandate has a wide investment scope, focusing on Australian commercial real estate private credit market and senior credit ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
Two separate laws that regulate how superannuation funds deal with non-arm's length expenses (NALE) and income (NALI) and expands the Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury ...

Qualitas scores $550m mandate

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
... revealed it has secured its first commitment from a North American-based global institutional investor. The $550 million mandate will be invested in commercial real estate private credit across construction loans, predevelopment land loans and investment ...

TCorp moves to new OneFund structure

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JUN 2024
As previously flagged, the New South Wales government is moving forward with plans to consolidate several separate investment funds managed by TCorp. In September last year, the state government announced it was reviewing the way NSW's investment funds ...