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Showing 381 - 390 of 6572 results for "Public"

Fidelity International launches first global equity SMA

ANDREW MCKEAN  |  WEDNESDAY, 11 JUN 2025
... assets have grown from 12% of global assets under management in 2005 to 20% in 2023 and are projected reach 23% by 2028. "Public markets still play an incredibly important role, but fee budgets are shifting away from active equity managers. Recognising ...

Super funds' private market assets grow to $400bn

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... AustralianSuper, meanwhile, reduced its allocation from 2.2% to 1.5% over the two-year period. In a submission to ASIC's recent public and private markets discussion paper, Super Members Council (SMC) said superannuation investments in the private sector ...

Treasury welcomes new leader

MATTHEW WAI  |  WEDNESDAY, 11 JUN 2025
... Kennedy has served as Treasury Secretary since September 2019. Wilkinson brings a range of experience in the Australian public service sector; she was previously Deputy Secretary, Fiscal Group of the Treasury and the Parliamentary Budget Officer between ...

Labor proposes changes to ancillary funds

KARREN VERGARA  |  WEDNESDAY, 11 JUN 2025
... providing money, property or benefits to deductible gift recipients (DGRs). Two types exist: private giving funds (PGFs) and public giving funds (PuGFs). PuGFs make a minimum distribution of $8800 or 4% of the fund's net asset value at the end of the ...

State Street's plan for power, product, partnerships

ANDREW MCKEAN  |  TUESDAY, 10 JUN 2025
... SSGA thinks about product. Outside of Australia, SSGA partnered with Apollo Global Management last year to democratise public-private investments in the US. While public-private partnerships are not currently active locally, Anderson welcomed ASIC's ...

Perpetual mulls tie up with Partners Group

KARREN VERGARA  |  TUESDAY, 10 JUN 2025
... Perpetual is mulling a partnership with Partners Group's Australian arm to develop products and investment strategies for public and private assets. Signing a letter of intent, the two parties hope to collaborate on launching investment vehicles or products ...

King's honours list recognises excellence in super, finance

KARREN VERGARA  |  TUESDAY, 10 JUN 2025
... member of the Reserve Bank of Australia's (RBA) Monetary Policy Board. As an expert in governance in the private and public sector, Charles Macek has served on the board of Emergency Services Superannuation Scheme, Unisuper and VicSuper. He chaired ...

ASIC shrinks IPO timetable to boost listings

MATTHEW WAI  |  TUESDAY, 10 JUN 2025
Initiating a two-year trial today, ASIC has enabled a shorter initial public offering (IPO) timetable for eligible entities seeking to list on the Australian Securities Exchange (ASX). During the trial, ASIC will "informally" review eligible documents ...

Super moves: TCorp, ESSSuper, Funds SA, Team Super

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... experience in Australia's financial services industry, gaining experience in institutional asset management as well as public sector governance.Most recently, he served as the general manager of risk and compliance at MSC Group. The governance specialist ...

Australia's largest buyout firm hires from State Street GA

ELIZABETH FRY  |  THURSDAY, 5 JUN 2025
... investment thesis behind private market exposure is strong, with historical data showing consistent return premiums over public market counterparts." He cited US market data showing private markets have typically delivered between 200 and 500 basis points ...