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Showing 5291 - 5300 of 8183 results for "Institutional"

First State Super hitches cart to Turnbull innovation

DARREN SNYDER  |  TUESDAY, 8 DEC 2015
First State Super will be the first superannuation fund to benefit from Malcolm Turnbull's innovation statement after announcing a venture capital investment partnership with H2 Ventures today. The super fund expects to deploy about $250 million for ...

IOOF $20bn custody review selects BNP

ALEX BURKE  |  TUESDAY, 8 DEC 2015
IOOF has selected BNP Paribas Securities Services after consolidating its custodians from three to one. BNP will now provide custody, master custody, middle-office and compliance services for IOOF; previously, these responsibilities were also distributed ...

Listed companies improve ESG approach

LAURA MILLAN  |  TUESDAY, 8 DEC 2015
The Australian Council of Superannuation Investors (ACSI) found that 79% of listed Australian companies surveyed this year had improved their environment, social and governance (ESG) approach. In 2014, ACSI had chosen 28 companies as engagement priorities ...

Industry welcomes Innovation Statement

MARK SMITH  |  TUESDAY, 8 DEC 2015
The reforms detailed in the Government's recent Innovation Statement have been enthusiastically welcomed by the financial services industry and beyond. Among a package of reforms introduced by Prime Minister Malcolm Turnbull in Canberra yesterday were ...

CBA to close institutional equities business

MARK SMITH  |  TUESDAY, 8 DEC 2015
Commonwealth Bank is closing its institutional equities business following a strategic partnership with Goldman Sachs investment bank. Commonwealth Bank's proprietary institutional equities team that forms part of the bank's institutional banking and ...

Super fund appetite for property funding up

MARK SMITH  |  MONDAY, 7 DEC 2015
... and debt financing to residential, commercial and retail property developers, has seen increasing interest from institutional investors. "Superannuation investors are becoming more active, from smaller industry funds right through to much larger ones," ...

Whitehelm Capital acquires 49% stake in GE business

ALEX BURKE  |  MONDAY, 7 DEC 2015
Whitehelm Capital has acquired a 49.9% stake in General Electric Energy Financial Services' Worsley Multi-Fuel Cogeneration (Worsley Cogen) power plant. Worsley Cogen is valued at $1.2 billion and GE will retain a 50.1% stake in the business. It generates ...

Women in Super names recipients of 2015 NSW scholarship program

MICHELLE BALTAZAR  |  MONDAY, 7 DEC 2015
Christmas has arrived three weeks early for five Women in Super (WIS) members who became the latest recipients of the association's scholarship program. Now in its fifth year running, the NSW Women in Super scholarship programs are designed to help ...

Parliament tables new tax laws for investment trusts

LAURA MILLAN  |  MONDAY, 7 DEC 2015
The Government tabled the Tax Laws Amendment (New Tax System for Managed Investment Trusts) Bill 2015 in Parliament on the last day of the sitting season. If approved, the proposed rules will apply from 1 July 2016 and will reduce complexity, increase ...

Default super should have base ESG standard: RIAA

DARREN SNYDER  |  MONDAY, 7 DEC 2015
Responsible Investment Association Australasia (RIAA) is calling for default superannuation investments to include a base level of environmental, social and governance (ESG) standards. In its latest discussion paper RIAA has proposed MySuper products ...