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Showing 5041 - 5050 of 21932 results for "Fund."

Concern for consumers ahead of YFYS

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
After the Your Future, Your Super reforms were passed in the House of Representatives lawyers have expressed concern consumers may not understand the impact of the changes. Law firm Slater and Gordon warned that Australians could end up with less insurance ...

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
IFM Investors has been named in a class action regarding the Colonial Pipeline, which the industry fund investment house acquired in 2007 as part of a consortium. The class action was filed in the United States District Court in the Northern District ...

Principal Real Estate wins SMA mandate

ANNABELLE DICKSON  |  MONDAY, 7 JUN 2021
BT Investment Solutions selected Principal Real Estate Investors as the underlying active manager for its Global Property MPS Fund. The fund is structured as a separately managed account has currently over $1 billion of funds under management. It has ...

Premiums to increase at ESSSuper

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
The $31 billion government fund has informed members that their life insurance premiums will be increasing. ESSSuper, the government fund for the emergency services based in Melbourne, informed members in its accumulation plan that the cost of death ...

Primewest accepts merger offer

ANNABELLE DICKSON  |  FRIDAY, 4 JUN 2021
The founders of Primewest, who hold a 53% stake in the company, have accepted Centuria Capital Group's merger offer to become one of the largest real estate managers on the ASX. The Primewest founding directors John Bond, David Schwartz and Jim Litis ...

Lessons from GPIF: Mizuno

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
... favourably inclined to do it. Mizuno said during his time as chief investment officer at Japanese Government Investment Fund (GPIF) he declined an invitation by the UN Secretary General to join the Net-Zero Asset Owner Alliance. "At that time, the Japanese ...

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market. Ascent Fund Services currently services about US$7 billion in assets. This includes 150 products across six Asia ...

State Super rejigs defensives

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
State Super has mandated two managers, as it allocates to Australian investment grade corporate credit and global investment grade structured credit. State Super manages about $42 billion in assets, of which about 20% is in defined contribution schemes ...

GIC to open Sydney office

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
Singapore's $708 billion sovereign wealth fund will open an office in Sydney, as it looks to increase its focus on Australian investment opportunities. The Sydney office will be GIC's 11 th internationally. The fund said it will look for opportunities ...

Boutique manager names head of distribution

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
A boutique global equities fund manager has hired a distribution lead, formerly of Meritum Financial Group. Gold Coast-based fund manager Swell Asset Management appointed Stephen Poole as head of distribution. Poole was the general manager of NAB's ...