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Showing 21 - 30 of 86 results for "Brake"

Future Fund posts negative year, cashes up

KANIKA SOOD  |  WEDNESDAY, 2 SEP 2020
... to private equity. The fund does not report performance of individual asset classes. Acting chief investment officer Sue Brake said the "defensive levers" performed as the fund expected and resulted in "more muted drawdowns". Brake said the cash levels ...

360 Capital eyes LIC

KANIKA SOOD  |  FRIDAY, 17 JUL 2020
360 Capital has acquired an 18.53% stake in an ASX-listed closed-ended fund, as it engaged with its management to appoint it as the responsible entity. The Australian Enhanced Income Fund (AYF) was listed on the ASX in October 2006 and invests in up ...

Future Fund appoints acting investment chief

KANIKA SOOD  |  MONDAY, 29 JUN 2020
... officer, after Raphael Arndt moved to the chief executive role following David Neal's departure to IFM Investors. Sue Brake will start in the role on July 1, as Future Fund starts a global search to appoint a permanent chief investment officer. Brake ...

Mirova chief labels ethical investing pledges hollow

ELIZABETH MCARTHUR  |  FRIDAY, 12 JUN 2020
The chief executive of Mirova has refused to sign a pledge from global investors calling on nation leaders to invest sustainably in the recovery from the COVID-19 pandemic, saying they are hollow words. Over 100 global investors signed a letter through ...

Superannuation fund hits brakes on raise

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
A start-up superannuation fund looking to raise fresh funds has postponed its plans to after June. Future Super met with strategic investors in financial services and impact investing earlier this year as it looked to kick start a capital raise for ...

Future Fund property head departs

KANIKA SOOD  |  MONDAY, 17 FEB 2020
The $168 billion sovereign wealth fund is looking for a new head of unlisted property as the incumbent leaves after 11 years. Stewart Tillyard was appointed to the head of unlisted property role in June 2018 after a restructure during which the head ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
The fixed income giant has pulled the brakes on its $1 billion listed investment trust, as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... is also limited. As per Wikipedia: "In 2009 Germany's constitution was amended to introduce the Schuldenbremse ("debt brake"), a balanced budget provision. This will apply to both the Federal Government and the Lander (German states). From 2016 onwards ...

Future Fund hires from WTW

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... created a new deputy chief investment officer role and has hired a senior consultant from Willis Tower Watson to fill it. Sue Brake will join in June as Future Fund's deputy chief investment officer, portfolio strategy. In her most recent role, she was ...

Future Fund investment specialist joins Funds SA

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
A Future Fund private equity investment director has joined Funds SA in a role that opened up in October. Cameron Sinclair joined Funds SA as the director of growth alternatives, a role where he responsible for more than $3 billion in assets. Sinclair ...