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Showing 31 - 40 of 30747 results for %22Fund%22

Early release of super scammers cop prison time

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Three people will go to prison after pleading guilty to defrauding the COVID-19 early release of superannuation scheme for $103,500. The Brisbane District Court sentenced three women from Queensland, whose identities were not revealed, for submitting ...

Super funds slash external mandates by 54%

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
The number of investment managers winning institutional mandates has tanked 54% in less than two years as superannuation funds ramp up the in-house management of assets, Rainmaker Information research reveals. Just 156 mandates were allocated by super ...

Brighter Super seeks fund managers for $500m mandate

KARREN VERGARA  |  FRIDAY, 31 MAY 2024
Brighter Super will invest a further $500 million to build Queensland and is looking for the right fund manager partners to make it happen. The $32 billion super fund today announced it is on the hunt for fund managers to deliver its "Queensland Investment ...

Preqin launches new term intelligence tool

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... introduces one of the largest searchable databases of Limited Partner Agreement (LPA) terms globally and enables enhanced private fund negotiations. Preqin said alternative fund managers, investors, and their legal advisors can expect to benefit from ...

ASIC tells super funds to 'step it up'

ELIZA BAVIN  |  FRIDAY, 31 MAY 2024
... at pension drawdown age, and with a large number still to come, super funds need to deliver good service. "We need super fund trustees to step up right now and step in to making sure they put good outcomes for members at the heart of everything they ...

Vision Super chair departs

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
... Super, a process that has been ongoing since June 2022. A member of the Australian Labor Party, she is stepping away from the fund following being selected to replace Linda White as a Senator for Victoria. White passed away in February this year following ...

BlackRock has most valuable brand, study finds

JAMIE WILLIAMSON  |  THURSDAY, 30 MAY 2024
BlackRock has the world's most valuable brand in asset management, while Public Investment Fund (PIF) takes the title among sovereign wealth funds. That's according to a global ranking of brand strength and brand value conducted by Brand Finance. ...

BT Panorama launches first-of-its-kind private market managed account

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
BT has launched the Drummond Private Markets Separately Managed Account (SMA) on the BT Panorama platform, offering high-net-worth (HNW) clients access to a portfolio of private equity, private debt, and real assets. BT head of managed accounts Zac ...

Super fund engagement peaks among members with $250k+ balances: Report

ANDREW MCKEAN  |  THURSDAY, 30 MAY 2024
... control of their retirement planning. "Our data also reveals that the more interactions non-retirees have had with their super fund over the past year, the more likely they are to start thinking about retirement," he said. The report showed that the ...

AFCA to expel Dixon Advisory

KARREN VERGARA  |  THURSDAY, 30 MAY 2024
The Australian Financial Complaints Authority (AFCA) is set to kick out Dixon Advisory & Superannuation Services (DASS) as a member over the next few weeks. AFCA announced on May 28 that the administrator of DASS has 21 days to reply to the proposal. ...