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Showing 4351 - 4360 of 19419 results for "One"

CFS Investments chair to retire

KARREN VERGARA  |  FRIDAY, 30 OCT 2020
... been a privilege to serve on the board of Colonial First State as its independent chairman for the past eight years. CFS is one of the leading superannuation and investment businesses in Australia and I am proud to have played a part in its many achievements ...

Institutional mandates spring back to life

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Superannuation funds are starting to appoint external mandates again after a COVID-19-induced lull, says Pinnacle's managing director Ian Macoun. Pinnacle Investment Management raked in $1.7 billion of net inflows from institutional clients in the three ...

VFMC hires State Super investments chief

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
The chief investment officer of the $43 billion State Super has left the role for a new one at the Victoria Funds Management Corporation. Gary Gabriel joined the VFMC investment team on October 26 as its head of the portfolio management. He will lead ...

Ares bids for AMP

ELIZA BAVIN  |  FRIDAY, 30 OCT 2020
... unlikely to improve anytime soon." Somasundaram said despite it not being an appealing offer for shareholders it would be a good one for management. "They can all move on from this disaster. Major shareholders probably will hold out for something above ...

Public servants caught in SG bungle

KARREN VERGARA  |  THURSDAY, 29 OCT 2020
... amounts have been paid correctly across the Northern Territory Public Sector in accordance with superannuation legislation." "No-one that I or my Authorised Auditors have spoken to have stated that they were specifically responsible for ensuring superannuation ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... recommendations by the Productivity Commission (PC) poses some issues in effectively cracking down on fund underperformance. "One of the proposed changes is to monitor the investment performance of superannuation funds relative to benchmarks based on ...

Chief economist update: Europe, we have a problem

BENJAMIN ONG  |  THURSDAY, 29 OCT 2020
... doughnuts and a top-shelf bottle of Starward whiskey to celebrate the end of Melbourne's lockdown, European governments -- one after the other -- have been announcing harsher and tighter restriction and lockdown measures. They want to have what "Dictator ...

Frontier Advisors eyes international clients

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
... build in-house investing capabilities and start to work with multiple consultants on project basis instead of keeping just one on a fixed-term retainer. Currently, about 85% of its revenue comes from superannuation funds. In the next five years, it wants ...

Northern Trust scores win in Vanguard reversal

KANIKA SOOD  |  WEDNESDAY, 28 OCT 2020
Northern Trust Asset Management has snagged a $5 billion allocation as Vanguard reverses from special mandates in Australia and New Zealand. ANZ Investments in New Zealand has swapped out Vanguard Investments Australia for Northern Trust. The change ...

ASFA proposes MySuper test

KARREN VERGARA  |  WEDNESDAY, 28 OCT 2020
The Association of Superannuation Funds of Australia is suggesting an alternative one-off test to weed out underperforming default funds in place of the government's recent proposals. ASFA's Lifting the Bar proposal will examine MySuper products and ...