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Showing 4421 - 4430 of 21914 results for "Fund."

Magellan chief executive resigns

ELIZABETH MCARTHUR  |  TUESDAY, 7 DEC 2021
The chief executive of Magellan, Brett Cairns, has resigned for personal reasons. The fund manager's chief financial officer Kristen Morton is stepping in as interim chief executive. Morton has been chief financial officer at Magellan for more than ...

QSuper, Sunsuper unveil rebrand

KARREN VERGARA  |  MONDAY, 6 DEC 2021
QSuper and Sunsuper unveiled a new name ahead of their planned merger, set to finalise early next year. The combined $230 billion super fund will be known as Australian Retirement Trust. Sunsuper's 1.4 million members will become members of Australian ...

Athene, Apollo stake in Challenger approved

KARREN VERGARA  |  MONDAY, 6 DEC 2021
Minority shareholders of Challenger have been given the go-ahead to acquire their additional stake by the prudential regulator. Athene Holding and Apollo Global Management now have an 18% stake in the ASX-listed Challenger after APRA approved the additional ...

Blackstone invests $925m for stake in Grosvenor Place

CHLOE WALKER  |  MONDAY, 6 DEC 2021
Blackstone has invested $925m to buy a 50% share in the Grosvenor Place office tower in Sydney CBD. The private equity giant has acquired the stake from Dexus (37.5%) and Canada Pension Plan Investment Board (12.5%). Dexus said it would use part of ...

Robeco launches new sustainable index fund

ELIZABETH MCARTHUR  |  MONDAY, 6 DEC 2021
Robeco Australia launched the Robeco Global Developed Sustainable Enhanced Index Equity Fund. The fund aims to achieve a higher ESG score than its benchmark, the MSCI World Index. Specifically, it is focussed on ESG issues including reducing the environmental ...

Super funds attracting more women to investment work

ELIZABETH MCARTHUR  |  FRIDAY, 3 DEC 2021
Australian super funds growing their in-house asset management teams is having a positive impact on gender equality in investment management, with more women wanting to work with profit-to-member funds than other funds management firms. According to ...

AMP North further expands menu

KARREN VERGARA  |  FRIDAY, 3 DEC 2021
AMP's platform North made 20 investment options available in December. One dozen sustainability and eight technology-themed options are now available to financial advisers. The technology-themed options reflect growing appetite among advisers and ...

Iress to take admin reigns at ESSSuper

JAMIE WILLIAMSON  |  FRIDAY, 3 DEC 2021
After more than two years in the making, ESSSuper will officially cease as its own administrator in March 2022 and hand the function over to Iress. ESSSuper and Iress have been working together since late 2019 on Project Voyager, a strategic initiative ...

AvSuper hunts merger partner, launches EOI process

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
AvSuper today advised it has invited a select number of super funds to discuss a potential merger, having determined it would be in the best interests of members to do so. The launch of an Expression of Interest process comes after AvSuper's MySuper ...

Milford makes significant board appointment

CHLOE WALKER  |  FRIDAY, 3 DEC 2021
Milford Asset Management has announced that former Bankers Trust chief executive Gavin Walker will join the board as a director. A seasoned financial services executive, Walker has spent the better part of his career in the financial services industry ...