Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 4161 - 4170 of 22787 results for "Funds"

Charter Hall, pension fund buy out Irongate

CHLOE WALKER  |  FRIDAY, 1 APR 2022
... 12% stake in the partnership, with PGGM owning the remaining 88% interest. Charter Hall has also agreed to acquire IAP's funds management business for $5 million and associated co-investment stakes for $22.5 million. The partnership will nominate Charter ...

Aussie instos commit $50bn to UK projects

JAMIE WILLIAMSON  |  FRIDAY, 1 APR 2022
... a new net zero fund that will support electrification, carbon capture and solar power projects. "IFM is owned by pension funds and invests, over the long term, on behalf of pension funds, their members, and other long-term investors. We have been investing ...

Nucleus Wealth launches direct indexing option

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
... Stanley, this could grow to about US$1.5 trillion by 2025, drawing flows that would otherwise be snapped up by ETFs or mutual funds. Now on the shores of Australia, Nucleus Wealth chief investment officer Damien Klassen says direct indexing is the next ...

Super fund restructures, adds new roles

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... the fund "tighten product development and keep it ahead of the evolving needs of members and remain competitive with other funds". Proebstl said the restructure is the next step in legalsuper's ongoing change program, aimed at uplifting and further personalising ...

GAM loses insto mandate

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... UK regulator. Overnight GAM International announced an unnamed institutional client is withdrawing $16.6 billion from GAM Funds Management Services and taking it in-house, leaving just $1.44 billion with GAM, effective April 2023. The mandate has associated ...

Clime backs newly launched asset manager

JAMIE WILLIAMSON  |  THURSDAY, 31 MAR 2022
... former Xinja head of wealth and Mason Stevens senior portfolio manager Alwyn Hung, launching today with about $150 million in funds under management. Lee is managing partner and chief investment officer of Torica while Hung is partner and senior portfolio ...

FSC announces new chief executive

CHLOE WALKER  |  THURSDAY, 31 MAR 2022
... consumers." FSC co-chair and AllianceBernstein Australia chief executive Jen Driscoll added: "The FSC is a leading voice for the funds management, life insurance, financial advice, and superannuation sectors and under Blake's stewardship we look forward ...

Not enough Budget for women: Industry

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
... happy about it. Last night's Federal Budget saw no major changes to superannuation, with the Association of Superannuation Funds of Australia saying it delivers stability and "reaffirms the path to better retirement outcomes for more Australians" and ...

Thirty-eight super funds face sustainability issues: APRA

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAR 2022
APRA has named the superannuation funds it believes face immediate sustainability issues, with 38 of 78 funds declining on all metrics measured. APRA looked at the three sustainability metrics in the 2021 MySuper and Choice heatmaps; member accounts ...

Federal Budget delivers nothing on climate

RACHEL ALEMBAKIS  |  WEDNESDAY, 30 MAR 2022
... emissions reduction initiatives, such as the regional renewable microgrids," Hutley said. "At the same time, significant funds are being spent on so-called 'low emissions hydrogen' and the costly and unproven carbon capture and storage. And a further ...