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Showing 371 - 380 of 2278 results for "industry fund"

Cbus appoints head of advice

ELIZABETH MCARTHUR  |  THURSDAY, 29 APR 2021
... comes after Lonsec upgraded a number of Cbus investment options to highly recommended. To date, Cbus is the only industry fund whose options have achieved this high level of rating. Its growth (MySuper), high growth, conservative and conservative growth ...

HESTA hires former Vanguard head

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
HESTA, the $60 billion industry fund for the health and community services sector, has made a key appointment within its investments team. Stephen Howard has been appointed general manager, defensives. He was the head of fixed income for Asia Pacific ...

Suncorp divests super unit to industry fund

KARREN VERGARA  |  WEDNESDAY, 28 APR 2021
Suncorp will divest its wealth division to an industry fund, transferring $6.4 billion in assets under management and 137,000 members. LGIAsuper will pay $45 million for the acquisition of Suncorp Portfolio Services and will retain about 130 staff that ...

BUSSQ appoints two executive managers

KANIKA SOOD  |  TUESDAY, 13 APR 2021
The $5 billion industry fund has appointed two executive managers. Camille Magee moved to executive manager, relationships, growth and advice, Financial Standard's sister publication Industry Moves confirmed. Magee has previously worked at Equipsuper ...

Commonwealth seeks to stop bond class action

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
... O'Donnell is studying law. Barnden is the same lawyer who represented Mark McVeigh in his landmark case against industry fund Rest, which settled out of court but saw the fund change its policies around climate change.

YFYS net must be cast wider: Cbus

ANNABELLE DICKSON  |  FRIDAY, 9 APR 2021
The $59 billion industry fund is calling on the government to include all superannuation products in the proposed performance benchmarks from the same date and to not commence the rest of the measures until all underperforming funds have been removed ...

First Super hires from Cbus

ELIZABETH MCARTHUR  |  FRIDAY, 9 APR 2021
Industry fund for the pulp and paper sector First Super, which has $3.5 billion in funds under management, has appointed a deputy chief executive from Cbus. Michelle Boucher has stepped into the deputy chief executive role at First Super, where she ...

"Financial" in BFID is no big deal: Academic

KANIKA SOOD  |  WEDNESDAY, 7 APR 2021
A UNSW academic says subjecting superannuation funds to "best financial interest duty" instead of just "best interest duty" is not material, but BFID's flow-on effects will be concerning for trustees. University of New South Wales director for centre ...

HESTA hires investment manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 APR 2021
... to the position of investment manager - Australian equities and liquid alternatives. Lye has a strong pedigree in industry fund investments, joining HESTA from IFM Investors where she was a senior associate. Prior to that, Lye was a senior investment ...

Hostplus wins mandate

KANIKA SOOD  |  TUESDAY, 6 APR 2021
... after 33 years. AUSfund, which was set up as a fund for unclaimed or dormant superannuation funds, is owned by an Industry Fund Services subsidiary. IFS employed a small team of investments staff who invested AUSfund's roughly $1 billion in assets ...