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Showing 4831 - 4840 of 22787 results for "Funds"

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
Two industry super funds have signed an agreement to explore a merger following a short period of discussion. Hostplus and Statewide Super have signed a Heads of Agreement, with a note on the former's website dated last week confirming the "important ...

Preqin acquires Colmore

KANIKA SOOD  |  THURSDAY, 12 AUG 2021
... and fund administration services for its limited partners and allocator clients. Colmore monitors over 3000 private market funds and over 40,000 holdings. Preqin said the alliance will allow both companies to serve their clients across the entire private ...

Multiple accounts already in sharp decline

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
Ahead of the stapling reforms being implemented, a new research paper from the Association of Superannuation Funds of Australia (ASFA) shows multiple super accounts are already in sharp decline The paper outlines the fact that ATO data suggests there ...

State Street hires from Macquarie

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
... to provide access to multiple liquidity channels," he said. "With widespread consolidation amongst superannuation/pension funds, together with ongoing changes to asset allocation and manager line ups, State Street is well placed to continue helping funds ...

Fortius, PGIM make $214m property acquisition

ELIZABETH MCARTHUR  |  THURSDAY, 12 AUG 2021
Fortius Funds Management and PGIM Real Estate have partnered to acquire a Brisbane office building from LaSalle Investment Management. The two acquired 307 Queen Street in Brisbane CBD off-market for $214.48 million from LaSalle. The office building ...

Perpetual hires from AMP Capital

KANIKA SOOD  |  WEDNESDAY, 11 AUG 2021
... implemented by Perpetual's advisers in client portfolios. Its remit includes multi-asset and single asset multi-managers funds, implemented portfolios and managed fund model portfolios. The team also manages a $1 billion alternatives program which invests ...

Funds valued illiquid asset correctly: ASIC

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... managers on how they handled valuing illiquid assets at the height of COVID-19. ASIC found that the responsible entities of the funds were responsive to the increased valuation risks during its review period of 1 March and early November 2020. "They ...

La Trobe unveils two income products

KARREN VERGARA  |  WEDNESDAY, 11 AUG 2021
... product, the 6 Month Notice Account, with a variable rate of 2.50% p.a. calculated monthly allows investors to access their funds with a 180-day notice period. The 2 Year Account has a variable rate of 4.50% p.a. also calculated monthly with the same ...

Super ASX dominance trends down: Research

JAMIE WILLIAMSON  |  TUESDAY, 10 AUG 2021
... inquiry into common ownership, new analysis from Rainmaker Information finds the share of the ASX held by superannuation funds is actually falling. In 2019, Rainmaker predicted that by 2030 Australia's super funds would hold 50% of the ASX, as their ...

Booming market for financial services jobs

ELIZABETH MCARTHUR  |  TUESDAY, 10 AUG 2021
... overall job market. For the period of April to June 2021, 59% of Kaizen's recruitment assignments were completed within funds management, with the remainder across superannuation, insurance, private lending, and wealth management. The firm said there ...