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Showing 491 - 500 of 2278 results for "Industry fund"

IFM pledges to kickstart COVID-19 recovery

ELIZABETH MCARTHUR  |  FRIDAY, 17 JUL 2020
Industry super owned IFM Investors has a plan for infrastructure investing that it says could save the Australian economy from COVID-19. The $140 billion investment manager owned by 27 industry funds has proposed the Building Australia Model as a means ...

Charter Hall makes $214m warehouse play

ALLY SELBY  |  FRIDAY, 17 JUL 2020
... manufacturing facility and warehouse, located at 130-170 Andrews Road, Penrith has been added to Charter Hall's Direct Industry Fund No. 4. The investment manager paid OIA $88 million for the asset. The sale and lease back agreement on the property will ...

Industry super accused of misleading consumers

ELIZABETH MCARTHUR  |  THURSDAY, 16 JUL 2020
Liberal MP Jason Falinski has accused industry super funds of using the Google AdWords term 'retail super' after BT was fined for using the term 'industry super'. The subject arose as Falinski questioned ASIC during the Senate Parliamentary ...

Statewide overhauls risk management approach

ELIZA BAVIN  |  WEDNESDAY, 15 JUL 2020
... the Royal Commission. The funds recently appointed chief risk officer, Jason Muir said his goal is to refresh the industry fund's approach to risk in a post-COVID-19 and Banking Royal Commission environment. Speaking to Financial Standard Statewide Super's ...

Industry funds team up in longevity search

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
Nine industry funds are working with Frontier Advisors to probe new longevity risk products for retiree members, which could include tweaking account-based pensions. The working group, which was put together late last year, is expected to present its ...

QIC appoints general manager

KANIKA SOOD  |  TUESDAY, 14 JUL 2020
... director, state investments. Zoe McHugh was previously a portfolio manager strategy and liquid alternatives the industry fund, where she built the liquid alternatives program, helped develop the active asset allocation and currency models and ran several ...

ME Bank chief resigns

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
ME Bank chief executive Jamie McPhee has resigned after weathering scrutiny over the bank's adjusting of redraw facilities for mortgage customers and its relationship with the industry funds that own it. McPhee, who has been chief executive for ...

Super fund satisfaction mixed, SMSFs unhappy

ELIZABETH MCARTHUR  |  TUESDAY, 14 JUL 2020
At a time when many Australians are engaging directly with their superannuation fund for the first time, member satisfaction appears mixed, with two separate surveys producing some opposing views. That's according to the latest insights from Roy Morgan ...

Cbus, Media Super start due diligence

KANIKA SOOD  |  THURSDAY, 9 JUL 2020
The $54 billion Cbus Super and $6 billion Media Super have signed a memorandum of understanding and will commence due diligence. The two industry funds are aiming for the joint agreement to be in operation in 2021, conditional on due diligence to establish ...

Hostplus bumps cash allocation up

ELIZABETH MCARTHUR  |  TUESDAY, 7 JUL 2020
Industry fund Hostplus has revised its asset allocation, bumping the allocation to cash in its balanced option up from 0% to 5%. The change to the cash allocation was effective from 19 June 2020, when the fund also reduced its allocation to alternatives ...