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Showing 491 - 500 of 967 results for "PIP"

IFM Investors reports $114m in FY19 profits

KANIKA SOOD  |  MONDAY, 29 JUL 2019
IFM Investors wants to invest in its business and seek out more opportunities in Australia in the year ahead, as it posts $22 billion in net flows and $114 million in pre-tax net profit for FY19. The funds management powerhouse owned by industry superannuation ...

CommSec fixes faulty statements

KANIKA SOOD  |  FRIDAY, 19 JUL 2019
CommSec has identified issues in statements it sent to customers holding exchange traded options through its platform and is fixing them. CommSec made the first batch of changes to ETO statements in October last year and has a pipeline of future work ...

Industry fund secures stake in asset manager

JAMIE WILLIAMSON  |  FRIDAY, 28 JUN 2019
A $1.5 billion industry superannuation fund acquired a minority stake in an international asset manager. Christian Super has taken a minority shareholding in responsibility Investments AG, a leading impact asset manager headquartered in Zurich. According ...

Superannuation fund tweaks fees

KARREN VERGARA  |  THURSDAY, 13 JUN 2019
Christian Super, the $1.5 billion superannuation fund, will be making changes to its fee structures following a comprehensive review. As part of the new Protecting Your Super legislative requirements effective July 1, the fixed administration fee will ...

Robeco wins super fund mandate

KARREN VERGARA  |  TUESDAY, 11 JUN 2019
Global fund manager Robeco has won an enhanced indexing strategy mandate from a $1.5 billion superannuation fund. Christian Super selected Robeco to manage a $100 million mandate that focuses on an enhanced indexing equities strategy. The strategy is ...

Retail clients win under new ASIC powers: Lawyers

KARREN VERGARA  |  TUESDAY, 28 MAY 2019
... & Wilcox highlights the implications of the new design and distribution obligations (DOD) and product intervention powers (PIP) laws, due to take effect 5 April 2021 and 6 April 2019 respectively. Some of the new obligations require providers determining ...

IFM buys North American pipeline operator

KANIKA SOOD  |  TUESDAY, 14 MAY 2019
IFM Investors is set to acquire a North American pipeline operator via its global infrastructure fund, adding to its assets in the region. IFM entered a definitive agreement to acquire all outstanding public common units of NYSE-listed Buckeye Partners ...

Super fund restructures leadership

HARRISON WORLEY  |  TUESDAY, 16 APR 2019
An industry superannuation fund managing more than $70 billion has added three C-suite management positions. The move also sees the departure of two executive managers. UniSuper has made several changes to its executive leadership team, including the ...

NZ Super dumps guns

HARRISON WORLEY  |  FRIDAY, 12 APR 2019
Hot on the heels of the passage of new gun laws in New Zealand, the NZ Super Fund has divested all companies involved in the manufacturing of automatic and semi-automatic weapons. The fund confirmed companies involved in the manufacture of civilian ...

Federal Budget: Industry responds

HARRISON WORLEY  |  WEDNESDAY, 3 APR 2019
The 2019-20 Federal Budget's subdued approach has received a similar welcome from the wealth industry. The big players are neither up in arms nor full of praise for the Budget, which was headlined by personal tax cuts and a $7.1 billion surplus ...