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Showing 3951 - 3960 of 20552 results for "BEN"

MTAA, Tasplan reveal new brand

KANIKA SOOD  |  MONDAY, 18 JAN 2021
MTAA Super and Tasplan will take on a new name on April 1, as their $23 billion merger completes. The combined fund will be called Spirit Super and have 326,000 members and lower administration fees. MTAA Super chief executive Leanne Turner, who will ...

Chief economist update: Eurozone at risk of double-dip

BENJAMIN ONG  |  MONDAY, 18 JAN 2021
The longer the Eurozone takes to get on top of the resurgence, the longer the lockdowns, the greater the risk of a double-dip recession. COVID-19 infections in Europe started re-appearing and multiplying sometime around October last year. The growth ...

Platforms start to shake ERS impact

KANIKA SOOD  |  FRIDAY, 15 JAN 2021
Platform inflows are returning to normal as the impact of government's early release of superannuation starts to wear off, according to Credit Suisse. In the September quarter, platforms reported $1.9 billion in outflows. However, if you exclude $3.9 ...

Six Park launches ESG options

ELIZA BAVIN  |  FRIDAY, 15 JAN 2021
Six Park has launched its first range of sustainable portfolios in partnership with a Melbourne-based financial advice firm. The online investment manager partnered with Summerhill Financial Services to deliver sustainable portfolio options to existing ...

Newton IM adds Future strategies

ANNABELLE DICKSON  |  FRIDAY, 15 JAN 2021
The BNY Mellon subsidiary has launched three investment strategies that are poised to benefit from the opportunities in sustainability. Newton Investment Management will manage the Future Earth, Future Food and Future Life global equity portfolios and ...

Chief economist update: Yuan the victim of China's success

BENJAMIN ONG  |  FRIDAY, 15 JAN 2021
The Chinese yuan has seen a sharp appreciation, leading major Chinese news outlets to report that the government would be relaxing rules to make it simpler to settle the currency internationally. 'Twas less than one and a half years ago that the ...

Rice Warner weighs in on Your Future, Your Super

KARREN VERGARA  |  THURSDAY, 14 JAN 2021
Rice Warner has made several recommendations to the Your Future, Your Super package of reforms that the government and superannuation industry should not overlook. Under the new stapling measure, Rice Warner has two areas of concern. The first is that ...

Chief economist update: China on my mind

BENJAMIN ONG  |  THURSDAY, 14 JAN 2021
The All Ordinaries index finished 2020 with a gain of 0.7%. Nothing to write home to mother about, especially compared with the 16.3% and 16.0% surge in the S&P 500 and the Nikkei-225, respectively, over the same period. However, the local bourse's ...

Flexstone appoints head of ESG

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
The Natixis private markets boutique has appointed a head of ESG in a newly-created role. Caroline Gilbert will lead Flexstone's ESG strategy at portfolio and firm level. Gilbert's three objectives will be: to reach a target of 40% women in ...

Lack of diversity major business risk: SSGA

RACHEL ALEMBAKIS  |  WEDNESDAY, 13 JAN 2021
Racial and ethnic inequity is a systemic risk that "threatens lives, companies, communities, and our economy", according to one of the largest global fund managers. State Street Global Advisors (SSGA) president and chief executive Cyrus Taraporevala ...