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Showing 3891 - 3900 of 21908 results for "Fund."

Young Australians more 'super savvy': Equip

ANDREW MCKEAN  |  MONDAY, 11 JUL 2022
Young Australians are thinking much more about their financial plans than previously, according to an Equipsuper survey. Almost half of the surveyed young Australians (18-34 years old) saw super as being more important now than since the start of the ...

Ministers told to divest shareholdings

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
Under a new code of conduct introduced by Prime Minister Anthony Albanese, federal ministers must divest any direct investments held outside of a public superannuation fund, listed managed funds and some trust arrangements. The code of conduct for ministers ...

ORAH Funds reaches milestone

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
The philanthropic fund, founded by Pengana Capital Group's Russel Pillemer and wife Carole, has reached over $2 million in donations to charity since its inception in 2016. Alongside Pengana, ORAH's service providers include Ageis and Hall & ...

Aware Super invests in $100bn energy opportunity

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
Aware Super has made a cornerstone investment into North Harbour Clean Energy. North Harbour Clean Energy has priced the investment opportunity at $30 billion and $100 billion over 2030 and 2050 horizons respectively. This determination is based on ...

New chief executive at Industry Fund Services

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
Cath Bowtell has handed over the reins after almost six years as chief executive of Industry Fund Services. Bowtell has stepped down as chief executive, the position she's held since December 2016, and taken over as chair of the Industry Fund Services ...

Magellan FUM drops again

JAMIE WILLIAMSON  |  FRIDAY, 8 JUL 2022
The fund manager's latest update shows its funds under management have dipped to $61.3 billion. Magellan said the changes reflected market movements and outflows. Over the June quarter Magellan saw outflows of $5.2 billion - $1.7 billion from the ...

Review of YFYS receives mixed response

ANDREW MCKEAN  |  FRIDAY, 8 JUL 2022
The government's Treasury review into the operation of the Your Future, Your Super (YFYS) laws and MySuper performance tests has had a mixed reception. Assistant treasurer and minister for financial services Stephen Jones said the government is ...

Sri Lanka announces bankruptcy

CHLOE WALKER  |  FRIDAY, 8 JUL 2022
... market. On Tuesday, Prime Minister Ranil Wickremesinghe announced his plans to negotiate with the International Monetary Fund (IMF) as a bankrupt country. "Our country has held talks with the IMF on many occasions before. But this time the situation ...

Growth scare likely during second half of 2022: Report

CASSANDRA BALDINI  |  FRIDAY, 8 JUL 2022
Global activity is already slowing, as central banks continue to indicate that a further deceleration is needed to lower inflation, report said. According to UBS Asset Management's Panorama mid-year outlook, titled Inflation: Rising to the Challenge ...

Forrest family hires former ART portfolio manager

ELIZABETH FRY  |  FRIDAY, 8 JUL 2022
Bruce Tomlinson has joined Andrew and Nicola Forrest's Minderoo Foundation as investment director after recently leaving Australian Retirement Trust. In the new role, the former ART portfolio manager will report to John Hartman, the chief investment ...