Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 5001 - 5010 of 8182 results for "Institutional"

Commissions survive as life remuneration bill flatlines

ALEX BURKE  |  TUESDAY, 19 APR 2016
The Corporations Amendment (Life Insurance Remuneration Arrangements) Bill 2016 has lapsed due to prorogation, leaving the future of risk adviser remuneration unclear. The reforms in the bill banning volume-based payments, capping commissions and implementing ...

Another US pension giant exits hedge funds

MARK SMITH  |  TUESDAY, 19 APR 2016
The trustees of giant US pension plan New York City Employees' Retirement System (NYCERS) have voted to liquidate the fund's hedge fund holdings. Hedge funds represent about 2.8% of NYCER's total US$51.2 billion ($65.9 billion). Hedge funds have faced ...

NZ Super Fund sells private equity investments

DARREN SNYDER  |  TUESDAY, 19 APR 2016
The New Zealand Superannuation Fund has sold its investments in three offshore private equity funds. The investments were in Hellman & Friedman VII, JMI Equity Fund VII, and H.I.G Bayside Loan Opportunities Fund II. NZ Super Fund head of investments ...

OneVue launches international equities capability

KERRIE SYDEE  |  TUESDAY, 19 APR 2016
OneVue has launched an international equities capability for its separately managed accounts (SMA) service in a bid to meet growing demand for access to global trading markets. The launch allows advisers and investors to access separately managed accounts ...

Mercer Sentinel advising TCorp on custody

DARREN SNYDER  |  TUESDAY, 19 APR 2016
The New South Wales government has confirmed that Mercer Sentinel is advising NSW Treasury Corporation (TCorp) on its custodial arrangements. NSW Treasurer Gladys Berejiklian said in a short statement yesterday that the government has engaged a number ...

HESTA reduces equities carbon footprint

DARREN SNYDER  |  TUESDAY, 19 APR 2016
HESTA and Russell Investments have developed an investment strategy that reduces the super fund's global equities carbon footprint by 50% and maintains benchmark performance. The strategy's objective is to remain at or below 50% of benchmark carbon ...

Infrastructure Capital Group targets $1bn for asset purchases

MARK SMITH  |  MONDAY, 18 APR 2016
Fund manager Infrastructure Capital Group (ICG) is looking to raise $1 billion from domestic and international institutional investors to add quality established infrastructure businesses and new development projects to its mid-market infrastructure ...

Statewide Super and Financial Synergy announce new partnership

DARREN SNYDER  |  MONDAY, 18 APR 2016
Superannuation administrator and software provider Financial Synergy has created a new managed services division, signing industry fund Statewide Super as its first client. The new division allows Financial Synergy to launch its software-as-a-service ...

Northern Trust and AltX partner on hedge fund data

DARREN SNYDER  |  MONDAY, 18 APR 2016

AustralianSuper launches new SRI investment option

DARREN SNYDER  |  MONDAY, 18 APR 2016
Australia's largest superannuation fund has created a new socially responsible investment (SRI) option that avoids investment in companies with fossil fuel reserves. From 30 May 2016, AustralianSuper's three sustainable investment options will be consolidated ...