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Showing 521 - 530 of 6413 results for "PAC"

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
The Infrastructure Fund (TIF), Australian Retirement Trust (ART) and State Super have offloaded Queensland Airports to private equity giant KKR and Atlassian co-founder Scott Farquhar's family office, Skip Capital. Queensland Airports comprises Gold ...

APRA calls out high-cost super platforms

ELIZA BAVIN  |  TUESDAY, 24 SEP 2024
The Australian Prudential Regulation Authority (APRA) has put superannuation platform products under the microscope, saying their higher fees and costs are eroding members' retirement savings. Platform TDPs charged higher administration fees and costs ...

Lack of talent challenging DDO compliance

JAMIE WILLIAMSON  |  MONDAY, 23 SEP 2024
The regulator's recent crackdown on risk and compliance in the sector has product issuers stuck between a rock and a hard place, with an extreme dearth of talent making it difficult for fund managers and super funds to meet ASIC's expectations. Earlier ...

Robeco specialist poached by Northern Trust

ELIZABETH FRY  |  FRIDAY, 20 SEP 2024
A senior member of Robeco's local quant team has quit the Dutch asset manager to join a former colleague at Northern Trust Asset Management. Jan Rohof - the firm's technical quant investment specialist based in Sydney - is joining former Robecco ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
The global alternatives industry is on track to reach US$29.2 trillion in assets under management (AUM) by 2029, with private equities set to more than double throughout the period, Preqin said. The growth signifies an annualised increase of 9.7% for ...

ASFA launches new initiative to fight financial crime

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
The Association of Superannuation Funds of Australia (ASFA) has launched of the ASFA Financial Crime Protection Initiative (FCPI), a project designed to bolster the superannuation sector's defences against the growing threat of financial crime. In collaboration ...

Aussie female fund manager representation lags: Research

KARREN VERGARA  |  TUESDAY, 17 SEP 2024
Only 8% of Australia's funds management industry is run by women, lagging the global average of 12.5%, the latest Alpha Female Report finds. Citywire's annual analysis, which tracks the progress of gender parity in asset management, calculated 903 Australian ...

Muzinich & Co. partners to launch infrastructure debt strategy

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
Muzinich & Co. has announced its partnership with Hong Kong-based Orion3 Group to launch an Infrastructure and Real Assets Private Debt Strategy, with an initial focus on Australian opportunities. Orion3 is an investment platform formed with CK Asset ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...

Northern Trust expands fixed income trading capability

ANDREW MCKEAN  |  THURSDAY, 12 SEP 2024
Northern Trust has launched its Integrated Trading Solutions (ITS) fixed income outsourced trading capability in the Asia Pacific (APAC) region. The expanded offering, provided through Northern Trust Securities in Australia, targets fixed income trading ...