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Showing 5241 - 5250 of 8182 results for "Institutional"

AustralianSuper merges investment options

DARREN SNYDER  |  FRIDAY, 15 JAN 2016
AustralianSuper is closing three investment options and replacing them with two as part of a streamlining process aiming to keep costs low and refocus the fund's investment efforts. The industry super fund will close its Australian Fixed Interest, International ...

Nikko AM selects new reporting tool

DARREN SNYDER  |  FRIDAY, 15 JAN 2016
Nikko Asset Management has appointed a new software supplier for its global reporting requirements and plans to roll out the solution company wide, including in Australia and New Zealand. Vermilion Software announced its appointment with Nikko AM on ...

20pct tax rebate is budget neutral: FSC

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Lifting the superannuation guarantee to 12% and pushing a 20% rebate on marginal tax rates for super contributions would have no effect on the federal budget. This is according to the latest modeling from PwC prepared for the Financial Services Council ...

Public sector retirees angry over income exemption cuts

DARREN SNYDER  |  THURSDAY, 14 JAN 2016
Tens of thousands of public sector pensioners are learning the scale of changes to their defined benefit schemes that sees cuts to exemptions for the Centrelink pension income test. In June last year the federal parliament introduced a 10% cap on defined ...

Hedge funds suffer worst year since 2011

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
Last year was a bad one for hedge funds as they suffered their worst returns since 2011. Numbers from industry researcher Eurekahedge showed that its benchmark hedge fund index returned 1.56% in 2015. Though that's the worst absolute return in four ...

HESTA makes first impact investment in affordable housing

MARK SMITH  |  WEDNESDAY, 13 JAN 2016
... and SVA aim to build a pipeline of investments and grow Australia's impact investment market by attracting other institutional investors. HESTA CEO Debby Blakey said the investment could make a meaningful social impact, not only through providing capital ...

Risk sales plunge in 2015

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
Annual sales in the risk market dropped by 23.7% in the year to September 2015, according to Plan for Life research. Plan for Life's consolidated report on both group and individual risk lump sum and income insurance inflows revealed that while some ...

Prime Super awards multi-asset mandate

ALEX BURKE  |  WEDNESDAY, 13 JAN 2016
... retirement goals." PineBridge Australia managing director Clint Grobler added: "We are seeing superannuation funds and institutional investors seeking out alternative growth drivers in their portfolios. As such, Australian investors are increasingly ...

Standard Life Investments sponsors 2017 Lions tour

MARK SMITH  |  TUESDAY, 12 JAN 2016
Standard Life Investments will be the principal sponsorship partner for the 2017 British & Irish Lions tour of New Zealand. The global asset manager will sponsor the famous red jersey of the combined England, Scotland, Wales and Ireland rugby union ...

Prime Super awards insurance mandate to CommInsure

MARK SMITH  |  TUESDAY, 12 JAN 2016
Prime Super has appointed CommInsure as its new group insurer following a competitive tender process. The partnership takes effect on 1 May 2016. "This is an exciting change to the group life insurance arrangements for Prime Super. Our goals in undertaking ...