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Showing 4761 - 4770 of 22787 results for "Funds"

Responsible investment sector hits $1.2tn

RACHEL ALEMBAKIS  |  WEDNESDAY, 1 SEP 2021
... managed using responsible investment techniques increased from 30 to 40%, faster than the increase of professionally managed funds in 2020, according to the Responsible Investment Association Australia (RIAA). RIAA has released its annual Responsible ...

Forrest pitches a green Fortescue to super funds

STAFF WRITER  |  WEDNESDAY, 1 SEP 2021
... investment conference, Andrew Forrest said Fortescue is ready to go green by 2030 and it's the best opportunity for super funds to get exposure to green hydrogen. He said Fortescue will release its scope 3 emissions targets soon and plans to produce ...

Cbus, Media Super sign SFT deed

JAMIE WILLIAMSON  |  WEDNESDAY, 1 SEP 2021
The two industry super funds have progressed their plans to merge, officially signing a successor fund transfer deed. Together, the funds will manage more than $70 billion in retirement savings for about 850,000 members. As part of the deal, Cbus will ...

YFYS test results not a fair representation: Frontier

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 SEP 2021
... Frontier is concerned the APRA performance test does not adequately assess acceptable performance, given several of the funds that were failed actually perform better than others that passed. The asset consultant, which advises on $490 billion, said ...

QIC appoints chief investment officer

KANIKA SOOD  |  WEDNESDAY, 1 SEP 2021
... defined benefit scheme," Hill said of her appointment. "This scheme, coupled with a number of state-based superannuation funds in Queensland, has provided a significant pool of capital that we manage and forms part of a state-based finance sector that ...

Greater scrutiny of choice products needed: Scheerlinck

JAMIE WILLIAMSON  |  TUESDAY, 31 AUG 2021
... fund to have passed the test before a member can be stapled to it," Scheerlinck said. Under the current legislation, choice funds - representing millions of Australians and containing more than $500 billion in assets - are exempt from performance testing. ...

Communicate risk, defensiveness differently: Panel

ELIZABETH MCARTHUR  |  TUESDAY, 31 AUG 2021
Funds will have to shift the way they communicate risk to members and rethink portfolios as the outlook for defensive assets changes in the coming years. That was the consensus from a panel at the Australian Institute of Superannuation Trustees (AIST) ...

HESTA defines perfect merger partner

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
For any super funds eyeing the $64 billion industry fund as a potential merger partner, its chief investment officer has outlined the criteria they'd have to meet. Sonia Sawtell-Rickson appeared in a session at the Australian Institute of Superannuation ...

Mergers don't always lead to scale benefits: Barry

ANNABELLE DICKSON  |  TUESDAY, 31 AUG 2021
... "One observation I've made is that some managers are pushing back now. Some managers are actually sacking their super funds as clients as they can get a better margin elsewhere." Instead, Barry said if a fund is going to deliver scale benefits there ...

Departures continue at AMP Capital MAG

KANIKA SOOD  |  TUESDAY, 31 AUG 2021
... left AMP Capital for a $3.2 billion Sydney investment firm, as the latter readies a new fund. Fiona Manning joined Apostle Funds Management on August 30 as a portfolio manager for a soon-to-be launched fund, the Apostle People and Planet Diversified ...