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Showing 4171 - 4180 of 21914 results for "Fund."

AustralianSuper appoints first chief operating officer, hires in New York

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAR 2022
The superannuation giant has promoted its group executive for finance operations to the role of chief operating officer, while also building out its investments team in New York. AustralianSuper has named Peter Curtis as its first chief operating officer. ...

Active funds continue underperformance

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
S&P Dow Jones Indices SPIVA Australia Scorecard has revealed just over half of Australian equities funds beat their benchmarks last year, with active funds underperforming. Last year, just over half of Australian funds in the Equity General and Equity ...

CareSuper risk chief departs

JAMIE WILLIAMSON  |  WEDNESDAY, 16 MAR 2022
The industry superannuation fund is hunting a new chief risk officer after the incumbent took a role with AustralianSuper. Belinda Ray served as CareSuper's chief risk officer for the past decade, having joined the fund in January 2012. She will join ...

Super mergers only beginning: J.P. Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
We've only seen the start of consolidation in superannuation, with mergers to accelerate, according to a new survey from J.P. Morgan. J.P. Morgan's inaugural Future of Superannuation Report interviewed 12 super fund leaders, who collectively manage ...

Vanguard hit with US class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 MAR 2022
Law firm Dovel & Luner filed a class action lawsuit against Vanguard trustees and on behalf of investors in Vanguard's Target Retirement Funds, based in the US. The suit alleges that Vanguard's mismanagement of these funds led to "enormous tax bills ...

Centuria joins forces with Morgan Stanley

KARREN VERGARA  |  WEDNESDAY, 16 MAR 2022
Centuria Capital Group has partnered with Morgan Stanley in a bid to further expand its healthcare assets which have grown to $1.7 billion. The joint venture with Morgan Stanley Real Estate Investing seeds an investment vehicle called the Centuria Prime ...

Westbridge Funds buys $16.21m industrial facility

CHLOE WALKER  |  WEDNESDAY, 16 MAR 2022
An industrial property in Perth's south has been sold for more than $16 million following strong buyer demand in the sector. The office/warehouse facility at 41-43 Baile Road in Canning Vale was purchased by Westbridge Funds Management from Perron Group. ...

Hostplus commits to net zero

ELIZABETH MCARTHUR  |  TUESDAY, 15 MAR 2022
Industry fund Hostplus has committed to net zero by 2050, in line with Australia's commitment to the Paris Agreement. "Climate change represents a significant financial risk to global markets and economies over the longer term. We have a responsibility ...

Partners Group adds to unlisted funds range

JAMIE WILLIAMSON  |  TUESDAY, 15 MAR 2022
... global portfolio of private debt investments. Its fourth unlisted offering in Australia, the Partners Group Global Income Fund - Unlisted invests in the same underlying fund as the Partners Group Global Income Fund (ASX: PGG), allocating to first lien ...

Perennial awards new fund admin mandate

CHLOE WALKER  |  TUESDAY, 15 MAR 2022
Perennial Partners has appointed Apex Group to deliver fund administration and transfer agency services to its new Private Ventures Fund. The Perennial Private Ventures Fund is targeting a raise of $200 million to invest in high growth private businesses ...