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

Search Results

Showing 441 - 450 of 1246 results for "Sovereign"

Aussie funds among the world's largest asset owners

KANIKA SOOD  |  MONDAY, 12 NOV 2018
... were the biggest asset owners, taking up 61% of the total assets held by the names on the list. This was followed by sovereign wealth funds with 32% and outsourced CIOs and master trusts with 7%. Last week, another WTW study showed that Macquarie Group ...

Future Fund appoints to board

KANIKA SOOD  |  MONDAY, 12 NOV 2018
Future Fund has appointed a former UBS global asset management chief as it renews the board of the $149 billion sovereign wealth fund, including topping up chair Peter Costello's term. Former UBS global asset management chief executive and chair John ...

Future Fund boosts alternatives assets

KARREN VERGARA  |  THURSDAY, 8 NOV 2018
... appointed two new fund managers in a bid to combat the tailwinds coming from the global equities market. Australia's sovereign wealth fund increased its allocation in private equity to 14.1% (FY17: 12%) and alternatives to 15.3% (FY17: 14.8%) over ...

AustralianSuper awards $500m mandate

KANIKA SOOD  |  WEDNESDAY, 31 OCT 2018
... $10.2 billion allocation to Australian fixed interest, according to 30 June figures. The boutique invests in high-grade sovereign bonds backed by governments with a credit rating of AA or AAA in Australian dollars. It was founded in 2014 by former JP ...

Chief economist update: Still the lucky country?

BENJAMIN ONG  |  FRIDAY, 19 OCT 2018
... unsure whether the present "challenges" would morph into something akin to the global financial crisis or the European sovereign debt crisis of recent past, or the Asian currency crisis of the late 1990's. Still, didn't Australia survive 'em ...

Legal woes continue for super fund

JAMIE WILLIAMSON  |  WEDNESDAY, 3 OCT 2018
... Environmental Justice Australia principal lawyer David Barnden said: "Like superannuation funds in Australia, pension funds and sovereign wealth funds across the world must act with care, skill and diligence. They also must act in the best interest of ...

Nikko expands green bond capability

KANIKA SOOD  |  WEDNESDAY, 12 SEP 2018
... capabilities in the asset class. The mandate for Nikko Asset Management's global green bond strategy now allows it to invest in sovereign, supranational and agency (SSA) green bonds. The strategy is run by a London-based team which oversees an actively ...

Future Fund delivers 9.3%, increases risk moderately

KANIKA SOOD  |  WEDNESDAY, 29 AUG 2018
The Future Fund delivered a 9.3% annual return, taking Australia's sovereign wealth fund to $146 billion. It also added "moderate" risk in the period to take advantage of a shorter-term economic outlook which it says looks positive. Its 10-year return ...

Scott Morrison becomes Prime Minister, markets react

KANIKA SOOD  |  FRIDAY, 24 AUG 2018
... he said. Moody's Investor Service vice president Martin Petch said the change in leadership will not affect the sovereign credit profile. "[We are] assuming the absence of significant changes in the nature and implementation of policies. Australia's ...

Life insurance sector strengthens

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
... Australian and New Zealand life insurance businesses to AIA Group for $3.8 billion. The sale of CommInsure Life and Sovereign also includes a 20-year bancassurance partnership with AIA for the provision of life insurance products to customers in Australia ...