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HESTA and SVA launch impact investment fund

MARK SMITH  |  THURSDAY, 3 SEP 2015
... seeking similar partnerships with other investors, with the aim of raising $100 million in funds under management over the next 12 months.

ANZ signs $450m tech agreement with IBM

LAURA MILLAN  |  TUESDAY, 1 SEP 2015
... improve its technology and software across the group. The deal includes access to IBM's software portfolio, an Innovation Lab, next generation cloud development and core systems infrastructure. ANZ is looking to develop common platforms across all of ...

Future Super launches fossil free index

DARREN SNYDER  |  TUESDAY, 1 SEP 2015
... companies. Future Super managing director, Simon Sheikh, said he expects demand for fossil fuel free investing to increase in the next 12 months. "While a consistent stream of research has been released pointing to the poor recent performance of fossil ...

British Airways to clash in court with pension trustee

MARK SMITH  |  MONDAY, 31 AUG 2015
... trustees to court over increases in payments to the airline's retired workers. At the heart of the case, which will be heard next February, is the cloudy relationship between the trustee and the entity holding the risk. While there are few defined benefit ...

Accountants nearing SMSF exemption deadline

ALEX BURKE  |  MONDAY, 31 AUG 2015
... of education services Liz Ward, some accountants are unaware of the preparation involved in meeting this deadline. "July 1 next year might seem an eon away, but the reality is accountants who want to give financial planning and superannuation advice ...

Pillar Administration to operate under Acurity software

DARREN SNYDER  |  FRIDAY, 28 AUG 2015
... Acurity. Yesterday Financial Synergy said it would implement Acurity across Pillar Administration's entire client base over the next two years. It will remove nine separate platforms the state-owned administrator was previously operating around. Pillar ...

Crowd equity funding, the Ashley Madison of finance

LAURA MILLAN  |  FRIDAY, 28 AUG 2015
... accounted for $3.8 billion (US$2.7 billion) in 2012. "The amount of funds sourced from crowdfunding is set to grow over the next decade, especially as a range of countries has started to amend their legislation," the report said, quoting legislation ...

The horse still refuses to drink

BENJAMIN ONG  |  FRIDAY, 28 AUG 2015
... residential fixed investment". In short, the US economy's firing on nearly all cylinders. The Fed could go ahead and lift next month and the butcher, the baker and the candlestick maker wouldn't be able to provide a counter-logic for why not. Except ...

AMP Capital grabs $205m Port Hedland airport

LAURA MILLAN  |  WEDNESDAY, 26 AUG 2015
... to the Town of Port Hedland Council, and the agreement to invest a further $40 million to redevelop the airport during the next five years. AMP Capital's Infrastructure Equity Fund will take a 44% stake in the asset, AMP Capital's Core Infrastructure ...

PROFILE: J.P. Morgan head of Australia funds David Hallifax

ALEX BURKE  |  WEDNESDAY, 26 AUG 2015
... stockbroking community, and even though he says he didn't get any job offers out of it, it gave him some background for his next role at stockbroking firm TIR Securities. His position? Sales. "Very much sales support to start with," he clarifies. "But ...