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Showing 21 - 30 of 92 results for "Brake"

First Super adds to board

ELIZA BAVIN  |  MONDAY, 21 DEC 2020
The chief executive of an industry association will First Super's board, replacing former director and co-chair Lisa Marty. Dean Brakell will join First Super's board, commencing 1 January 2021. Brakell is chief executive of the Australian Cabinet & ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
... enough (not until he is sworn in on January 20 next year). In the meantime, the multiplying number of infections is putting a brake on consumer spending, that's affecting employment, that circle its way back to spending. US non-farm payrolls rose ...

Future Fund appoints chief investment officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
... appointment of a chief investment officer after Raphael Arndt, who previously held the role, was appointed chief executive. Sue Brake has been confirmed as the chief investment officer of the Future Fund. Brake has been acting as chief investment officer ...

Evans and Partners looks to delist LITs

KANIKA SOOD  |  THURSDAY, 29 OCT 2020
Evans and Partners is seeking the nod from shareholders to convert its LITs to open-ended funds and to switch to Perpetual as responsible entity. The largest of these is the $279 million Evans & Partners Global Disruption Fund (EGD), followed by the ...

360 Capital succeeds in LIC raid

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
Fresh off the back of buying an 18.3% stake in Evans Dixon, 360 Capital has tallied up another victory as unitholders of a credit LIC it tried to take over voted in its favour. Unitholders of the Australian Enhanced Income Fund (AYF) yesterday afternoon ...

Instos dial up alternatives allocations

KARREN VERGARA  |  FRIDAY, 4 SEP 2020
... issues surrounding fees (71%), complexity (61%) and the lack of transparency (39%). Inwood said these concerns could put a brake on the adoption of alternatives. "The ability of asset managers to provide solutions to these challenges is therefore key ...

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 ...