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Showing 481 - 490 of 1985 results for "Tas"

Chief economist update: Delta variant infects Australian economy

BENJAMIN ONG  |  TUESDAY, 29 JUN 2021
"They gathered for the feast They stab it with their steely knives, But they just can't kill the beast." - The Eagles, 'Hotel California' Only a few days after the Reserve Bank of Australia (RBA) kept monetary policy settings unchanged and ...

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
Two industry superannuation funds announced they are exploring a potential merger to create a $77 billion fund with 1.4 million members. Hostplus and Statewide Super said formal discussions are in the works and that they intend to shortly sign an exclusive ...

Cbus invests in NHFIC issues

KANIKA SOOD  |  THURSDAY, 24 JUN 2021
Cbus Super has invested $51 million in two recent funding rounds from the National Housing Finance and Investment Corporation (NHFIC), taking the fund's total allocation to social and affordable housing to about $140 million. Cbus invested $10 million ...

Government to create ASIC, APRA regulator

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
The government has passed legislation that will see the establishment of an independent body charged with reviewing the effectiveness of both the Australian Securities and Investments Commission (ASIC) and the Australian Prudential Regulation Authority ...

SG increase to self-fund retirement

ANNABELLE DICKSON  |  WEDNESDAY, 23 JUN 2021
The latest figures from the Association of Superannuation Funds of Australia (ASFA) show the Superannuation Guarantee increases will double the number of Aussies reaching a comfortable standard of retirement. As of July 1, the SG rate will rise from ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
As LGIAsuper completes its merger with Energy Super and starts the process of integrating Suncorp's super business into the fund, chief executive Kate Farrar tells Financial Standard there are some big changes ahead. From 1 July 2021, the successor ...

Boutique hires from Allan Gray

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
A Melbourne credit boutique has hired Allan Gray's head of retail strategy, as it looks to fill capacity and launch new strategies. Alexander Funds Management appointed Chris Inifer as its head of distribution in a newly created role. Inifer is tasked ...

Macquarie subsidiary to acquire REIT

KARREN VERGARA  |  MONDAY, 7 JUN 2021
After its ninth attempt, Macquarie Agricultural Funds Management is set to acquire a real estate investment trust for $354.6 million. Vitalharvest Freehold Trust (VTH) accepted an offer price of $1.295 per share from MAFM on June 2. In November 2020 ...

Russell wins mandates worth $285m

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
Russell Investments has won corporate superannuation mandates from three employers amounting to $285 million. Clayton Utz, Byrnecut Group and an unnamed reinsurer have tasked the Russell Investments Master Trust to oversee their employees' superannuation ...

UBS AM wholesale client coverage lead departs

KARREN VERGARA  |  MONDAY, 31 MAY 2021
UBS Asset Management Australia's head of wholesale client coverage has left the firm after nearly four years in the role. Ben Williams joined UBS AM in August 2017, tasked with managing relationships with aligned and independent financial advisers. ...