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Showing 31 - 40 of 129 results for "SAA"

VFMC appoints deputy chair

ELIZABETH FRY  |  TUESDAY, 3 SEP 2024
Victorian Funds Management Corporation (VFMC) has announced an addition to the board and a new deputy chair. Tom Considine will be deputy chair of the quasi-sovereign wealth fund. A partner at Sayers Group, Considine joined the VFMC board in 2021 with ...

NGS Super to cut insurance premiums

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... option, where fees will marginally increase from 0.45% to 0.47%. The fund has also changed its strategic asset allocation (SAA) for its pre-mixed investment options. Its default option's property allocation was reduced from 9.5% to 9% while it boosted ...

Australians urged to consider bequests amid $5.4tn wealth transfer

MATTHEW WAI  |  THURSDAY, 8 AUG 2024
JBWere's The Bequest Report found that only $1.3 billion, which is equivalent to 1% of the estimated $150 billion in inheritance, will be donated to charity this year. This compares to 1% ($229m) in New Zealand, 3.7% ($7.6bn) in the UK, and 4.4% ...

Advent International lands in Australia, names MD

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
Global private equity firm Advent International has set up shop in Australia, tapping the managing partner of Anchorage Capital to spearhead its growth ambitions. Beau Dixon is leading Advent's efforts to firm up its footprint here, which already exists ...

GBST, Wipro join forces on holistic administration service

ANDREW MCKEAN  |  WEDNESDAY, 19 JUN 2024
GBST has partnered with Indian technology conglomerate Wipro to deliver end-to-end administration services for superannuation funds and wealth management firms looking to move away from antiquated IT infrastructure. The collaboration combines GBST's ...

Gender gap to close in 134 years: World Economic Forum

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
The World Economic Forum released its Global Gender Gap Report for 2024 revealing that, at the current pace, it will take another 134 years - equivalent to five generations - to achieve full gender parity. Globally, the gender gap has closed by just ...

QIC adds to streak of venture capital investments

ANDREW MCKEAN  |  WEDNESDAY, 5 JUN 2024
Queensland Investment Corporation (QIC) has agreed to become a cornerstone investor in early and growth-stage fund Sprint Ventures, while also investing in biotech venture capital firm Brandon Capital. Yesterday, Financial Standard reported that QIC's ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
... to investment performance and fees, it tends to focus on the investment implementation of the strategic asset allocation (SAA) aspect as opposed to the suitability of the SAA itself. It is also benchmark or indices focused. "This leads more funds to ...

GBST develops private equity platform

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Wealth management software business GBST has collaborated with Luna Partners to create a technology platform that connects investors and managers to the wholesale private equity market. The cloud-based SaaS platform will open investment opportunities ...

Investors being influenced by the 'Powell pivot'

ELIZA BAVIN  |  WEDNESDAY, 20 MAR 2024
... yield or equity exposures. For instance, it may be appropriate to have a larger allocation to IG bonds than an index-based SAA model would suggest."