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Showing 31 - 40 of 92 results for "Brake"

Superannuation fund hits brakes on raise

KANIKA SOOD  |  TUESDAY, 10 MAR 2020
A start-up superannuation fund looking to raise fresh funds has postponed its plans to after June. Future Super met with strategic investors in financial services and impact investing earlier this year as it looked to kick start a capital raise for ...

Future Fund property head departs

KANIKA SOOD  |  MONDAY, 17 FEB 2020
The $168 billion sovereign wealth fund is looking for a new head of unlisted property as the incumbent leaves after 11 years. Stewart Tillyard was appointed to the head of unlisted property role in June 2018 after a restructure during which the head ...

PIMCO puts Aussie LIT on ice

KANIKA SOOD  |  MONDAY, 3 FEB 2020
The fixed income giant has pulled the brakes on its $1 billion listed investment trust, as the Treasury conducts a public consultation on stamping fees for LICs and LITs. PIMCO announced plans to raise for the LIT in November last year, in what was ...

Chief economist update: Germany in the budget's shadow

BENJAMIN ONG  |  TUESDAY, 10 SEP 2019
... is also limited. As per Wikipedia: "In 2009 Germany's constitution was amended to introduce the Schuldenbremse ("debt brake"), a balanced budget provision. This will apply to both the Federal Government and the Lander (German states). From 2016 onwards ...

Future Fund hires from WTW

KANIKA SOOD  |  TUESDAY, 2 APR 2019
... created a new deputy chief investment officer role and has hired a senior consultant from Willis Tower Watson to fill it. Sue Brake will join in June as Future Fund's deputy chief investment officer, portfolio strategy. In her most recent role, she was ...

Future Fund investment specialist joins Funds SA

KANIKA SOOD  |  THURSDAY, 17 JAN 2019
A Future Fund private equity investment director has joined Funds SA in a role that opened up in October. Cameron Sinclair joined Funds SA as the director of growth alternatives, a role where he responsible for more than $3 billion in assets. Sinclair ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
Aurora Funds Management will take its acquisition bid for Molopo Energy to the Federal Court of Australia after the Takeovers Panel decided to put the brakes on the transaction. Aurora has applied for a judicial review of the panel's decision, which ...

Future Fund reshuffles investment team

KARREN VERGARA  |  TUESDAY, 12 JUN 2018
The Future Fund announced a raft of changes to its investment team as it looks to grow over the next decade. Head of property Barry Brakey is leaving the Future Fund after 10 years. He led the development of a quality property portfolio with exposures ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
The Labor Party's proposed dividend imputation reforms has received backlash from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate ...