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Showing 4731 - 4740 of 22787 results for "Funds"

AustralianSuper skewers draft disclosure laws

JAMIE WILLIAMSON  |  MONDAY, 6 SEP 2021
... impacting returns and causing an increase in costs. The fund said the regulations also reduce the opportunity for super funds to partner on major projects because they mean commercial information about their holdings will be disclosed and would thereby ...

AMP Capital divests majority stake in train company

KARREN VERGARA  |  MONDAY, 6 SEP 2021
... leasing company based in the UK. A consortium comprising the Public Sector Pension Investment Board (PSP Investments) and funds advised and managed by the Amber Infrastructure Group agreed to acquire the 51% stake in Angel Trains from AMP Capital. The ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
Last year many superannuation funds revalued their unlisted assets during lockdowns. Now APRA says most of their policies were deficient. Super funds took different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets ...

Pinnacle to increase stake in Coolabah

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... today said it will increase its stake in Coolabah to 35%. "Since PNI entered discussions with CCI in November 2019, CCI's funds under management has grown from $2.9 billion to $7.9 billion today, powered by outstanding CCI performance during CY2020 AND ...

Qualitas names insto capital head

KARREN VERGARA  |  MONDAY, 6 SEP 2021
... was as the head of wholesale investor relations, Mehmet worked in senior real estate roles in debt, equity, and indirect funds management at National Australia Bank, JLL, DTZ and MaxCap Group. Global head of capital at Qualitas Tim Johansen said: "As ...

Aussie neobank partners with crypto exchange

ELIZABETH MCARTHUR  |  MONDAY, 6 SEP 2021
... bank and a crypto exchange in Australia," she said. "Both of these factors will generate customer confidence that their funds are in place and available, and that they will be able to time the market far more easily - which is absolutely critical in ...

Northern Trust appoints local head

KARREN VERGARA  |  MONDAY, 6 SEP 2021
... of financial reporting. Before that, he held managerial roles at National Australia Bank Asset Servicing and the Victoria Funds Management Corporation. In the new role, Stavrou will be responsible for overseeing the overall strategic direction for Northern ...

SMSF establishments soar

ANNABELLE DICKSON  |  MONDAY, 6 SEP 2021
The popularity of self-managed superannuation funds (SMSFs) is on the rise with increased establishments and fewer wind ups in the year to June end, data from the ATO shows. There are currently 597,900 SMSFs with 1.1 million members. Throughout the ...

NGS Super hikes fees

KANIKA SOOD  |  FRIDAY, 3 SEP 2021
... Understanding with ACSRF to explore the possibility of creating a $21.5 billion merged fund. However, on August 25, the two funds said they have decided to not merge. At the time both funds said they had not yet received their APRA performance test results ...

ERS re-contributions won't be taxed

ELIZABETH MCARTHUR  |  FRIDAY, 3 SEP 2021
... money under the scheme can make COVID-19 re-contribution amounts to any fund of their choice where the fund rules allow. Funds will have to administer the re-contributions according to ATO guidelines. They will have to check the COVID-19 re-contribution ...