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Showing 491 - 500 of 2141 results for "AUD"

NZ Super Fund names head of portfolio investments

ANNABELLE DICKSON  |  TUESDAY, 16 NOV 2021
... long-term investment strategy," NZ Super Fund said in a statement. Earlier this month, the NZ Super Fund committed US$100 million (AUD$140m) to the Fifth Wall Climate Technology Fund from real estate technology venture capital firm Fifth Wall. NZ Super ...

NZ Super Fund commits $140m to sustainable real estate

JAMIE WILLIAMSON  |  FRIDAY, 12 NOV 2021
The NZ Super Fund is investing in a climate technology fund focused on the real estate industry. The US$100 million (AUD$140m) has been committed to the Fifth Wall Climate Technology Fund from real estate technology venture capital firm Fifth Wall. ...

Supply chain issues push up retiree expenses

KARREN VERGARA  |  THURSDAY, 11 NOV 2021
Retirees continue to bear the brunt of an expensive retirement fuelled by global supply chain issues. Retired couples and singles saw living expenses in their twilight years rise 1% in the September quarter, the latest Association of Superannuation ...

Australia-first private equity ETF to launch

ELIZABETH MCARTHUR  |  TUESDAY, 9 NOV 2021
... Australian private equity ETF. GPEQ will track the LPX50 Listed Private Equity Index, which has a 10-year performance (in AUD) to 31 October 2021 of 20.9% per annum. The index is designed to represent the global performance of the 50 most highly capitalised ...

Fintech professor nabs unique award

ELIZABETH MCARTHUR  |  MONDAY, 8 NOV 2021
An academic paper on fintech from an Australian professor has become one of the most widely read papers in the world. Scientia Professor Ross Buckley from University of New South Wales Law & Justice has claimed the title of most-read legal author in ...

ASIC outlines ROA guidance

ANNABELLE DICKSON  |  FRIDAY, 5 NOV 2021
The corporate regulator released examples of Records of Advice (ROA) to provide clarity to financial advisers and licensees on their obligations when using them for clients. The information sheet, INFO 266 FAQs: Records of Advice, provides answers to ...

ASIC bans adviser over Linchpin, Endeavour fund

ANNABELLE DICKSON  |  THURSDAY, 4 NOV 2021
The corporate regulator banned a Queensland-based financial adviser for three years after recommending clients into the Investport Income Opportunity Fund. Keith Robert McDermott was an authorised representative of The FinancialLink Group and has been ...

Advice gap spurs boom in investment media

ELIZABETH MCARTHUR  |  THURSDAY, 4 NOV 2021
The gap between those who want financial advice and those who have the means to afford it is being credited for the popularity of media companies offering investment news and tips. Investment newsletter founded by Marcus Padley Marcus Today recently ...

Westpac director stands down

ANNABELLE DICKSON  |  WEDNESDAY, 27 OCT 2021
A non-executive director at the big four bank has resigned from the board to focus on his health. Steven Harker joined the Westpac board in 2019 and was a member of the audit, board legal, regulatory and compliance and remuneration committees. "The ...

No proof of member benefit: APRA on super fund spends

JAMIE WILLIAMSON  |  TUESDAY, 26 OCT 2021
APRA has found instances of expenditure by superannuation funds that does not meet the best financial interests of members, including sponsorship deals and advertising spends with no evidence of member benefit. Releasing its review of RSE licensee marketing ...