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| | | There is still much room for improvement when it comes to super funds' expenditure management practices, with APRA finding some RSEs caring more about competing with peers than members' best financial interests, others not having revisited historic ... |
| | | | Acenda Group is set to welcome a group chief executive, as Kent Griffin and Tim Tez announce their departures. Former Westpac executive Chris de Bruin has been appointed chief executive of Acenda Group, subject to regulatory approvals of the merger ... |
| | | | Fresh from acquiring a stake in Mubadala Capital, TWG Global will reportedly acquire the LA Lakers for US$10 billion. The Buss family will sell the majority ownership in the LA Lakers to TWG Global and retain a minority stake, according to multiple ... |
| | | | Productivity, a concept treasurer Jim Chalmers recently described as too often seen as "cold" and "almost soulless," despite it being, as he also noted, the best way to improve people's lives over time, was stagnant in the March quarter and declined ... |
| | | | Airlie Funds Management will shutter its Concentrated Share Fund next week following a review. Magellan Asset Management as responsible entity said: "Given the Fund's small size, which impacts the expense ratio charged to unitholders in the fund ... |
| | | | Channel Capital has welcomed a veteran asset consultant to the group as head of investment oversight. The appointment of JANA executive Matthew Griffith underlines Channel Capital's move to enhance its investment and portfolio governance platform. ... |
| | | | Equity Trustees was fined nearly $60,000 by the regulator for making misleading statements about the holdings of a sustainable bond fund. Equity Trustees agreed to pay three infringement notices totalling $56,340 over allegations it made misleading ... |
| | | | Treasurer Jim Chalmers has cast productivity as the government's chief priority, with budget sustainability and resilience also among its key focuses but made the case that sensible progress can't be made without proper consideration of more tax reform ... |
| | | | Rest and the NZ Super Fund have bagged a perfect score in GlobalSWF's GSR scoreboard for governance, sustainability, and resilience. Established in 2020, the annual study examines all the publicly available information from the world's largest sovereign ... |
| | | | The SMSF Innovation Council has launched to provide the SMSF sector with education, advocacy and a best-practice framework to help navigate the digital assets landscape. Chaired by Kate Cooper, the initiative is focused on collaborating and sharing ... |
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