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Showing 31 - 40 of 1033 results for %22June 16 issue%22

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... kinds of levels," she said. The fund held some 30.4% in equities, of which 21.8% was in global equities at the end of the June financial year. Between FY22 and FY23, the fund increased its allocation to equities from 28.5% and dialled down weightings ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... clients include sovereign wealth funds, pension funds, foundations, endowments, and family offices. Visiting Australia in June, Blue Owl head of institutional business development James Clarke was in talks with institutional investors that included super ...

Aussies largely unsure of legacy plan: Research

CHLOE WALKER  |  FRIDAY, 6 OCT 2023
... pass away, only 14% actually have a plan in place to do so, according to new research from Generation Life (Gen Life). In June, Gen Life commissioned global research company Censuswide to conduct a study of 2000 adult Australian consumers to gain both ...

ISPT appoints risk, legal chief

ANDREW MCKEAN  |  FRIDAY, 15 SEP 2023
... organisation's structure for increased efficiency. ISPT is currently exploring a potential merger with IFM Investors, as confirmed in June. The industry super fund-owned IFM Investors and ISPT said in a joint statement that: "A potential merger recognises ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... equities fund. It will also shutter several Pendal funds in November. The Perpetual Global Innovation Share Fund was launched in June 2017 and invested in global companies benefiting from technological change and innovation. The fund aimed to outperform ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... insurance policies is the option that provides the most stability to existing policyholders. According to Rainmaker analysis, at June end there was just 16,038 advisers in Australia - down from 26,500 in 2019. While about 12,000 of these are authorised ...

K2 told to freeze distribution of fund

JAMIE WILLIAMSON  |  MONDAY, 4 SEP 2023
... adequately account for the risks and features of the fund, and that information within the TMD was inconsistent. As at 30 June 2022, the fund had about $22.5 million in funds under management. The regulator said there was a mismatch between the investment ...

Saxo APAC asset management lead exits

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... management for Asia Pacific has left the company after two years. Sydney-based Manish Prasad was appointed to the role in June 2021 and has recently left the firm, Saxo confirmed. Prasad was hired at a time when Saxo embarked on launching its digital ...

ART, AvSuper closer to merging

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... on 30 April 2024," the super fund said. AvSuper had $2.3 billion in assets under management and 4971 members at the end of June. ART had over $240 billion in AUM and 2.2 million members. AvSuper said there is "still a lot of work to be done before the ...

AMP settles class action for $110m

KARREN VERGARA  |  MONDAY, 21 AUG 2023
... regulators as exposed by the Royal Commission but claims no responsibility in settling for $110 million. The class action filed in June 2018, affected AMP shareholders whose share price tanked following revelations of alleged misconduct by the Financial ...