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Showing 21 - 30 of 82 results for "Australia Fund"

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... billion at March end. It has been around since 1990 when superannuation funds got together to establish a Development Australia Fund (DAF) to invest in public Australian companies and infrastructure assets. At FY19 results in July last year, then chief ...

Raiz cuts AET amid Sargon saga

ALLY SELBY  |  MONDAY, 2 MAR 2020
... Trust has been appointed under a custody agreement, and will independently hold the assets of Raiz Invest's Australia fund as its key service provider. Perpetual will have no supervisory role in relation to the operation of the fund and has no liability ...

Future Fund returns 1.9% for the quarter

KANIKA SOOD  |  MONDAY, 21 OCT 2019
... 2.1% against benchmark 2% return. The $4 billon Future Drought Fund, which was transferred assets of the Building Australia Fund last month, is currently investing in line with the old fund's mandate during the initial transition period. "The Government ...

Thousands strike from work for climate

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
... financial services companies are now on board including IRESS, Bank Australia, Verve Super, Sargon, Sustainable Australia Fund, BetaShares Capital and Fox & Hare. Chief executive and founder of Future Super Simon Sheikh said: "We came together with other ...

J.P. Morgan cuts management fees

KARREN VERGARA  |  TUESDAY, 4 JUN 2019
J.P. Morgan Asset Management Australia has slashed management fees on all bond funds by nearly a third. From 1 June 2019, management fees for the following bond funds have been reduced: JPMorgan Global Strategic Bond Fund - from 0.60% to 0.40%; JPMorgan ...

Future Fund crosses $150 billion

KANIKA SOOD  |  MONDAY, 29 APR 2019
... Future Fund also manages five other funds on behalf of the government: Medical Research Future, DisabilityCare Australia Fund, nation-building funds (Building Australia and Education Investment) and the Aboriginal and Torres Strait Islander Land and ...

Future Fund delivers 5.8%

KANIKA SOOD  |  MONDAY, 11 FEB 2019
... Fund returned 1.4% in the year, reaching only halfway to the target return of RBA cash rate +1.5%. The Building Australia Fund and Education Investment Fund each stood at $3.8 billion. Both fell just under the benchmark in returns with 2.1% compared ...

JPMorgan fund excludes tobacco, cuts fees

DARREN SNYDER  |  TUESDAY, 21 AUG 2018
J.P. Morgan Asset Management's flagship multi-asset strategy in Australia now excludes tobacco stocks. It also cut its administration fee by five basis points and recently converted to a trust structure. The Australian-domiciled version of the JPMorgan ...

Supervised Investments wins global fixed income mandate

ALEX BURKE  |  MONDAY, 22 JAN 2018
Supervised Investments was awarded a global fixed income mandate by an Australian boutique multi-manager. Alpha Fund Managers made an investment in Supervised Investments' Global Income Fund, which invests in a portfolio of debt securities including ...

J.P. Morgan wins global fixed income mandate

ALEX BURKE  |  WEDNESDAY, 17 JAN 2018
J.P. Morgan Asset Management's unconstrained global fixed income strategy has received a key investment from an Australian boutique multi-manager. Alpha Fund Managers invested in the JPMorgan Global Bond Opportunities Fund with a view to "enhancing ...