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Showing 521 - 530 of 1246 results for "Sovereign"

Morgan Stanley chief executive steps down

JAMIE WILLIAMSON  |  FRIDAY, 7 OCT 2016
... with the firm in a part-time role as a non-executive vice-chairman and will continue as a guardian of the Government's sovereign wealth fund, the Future Fund. Morgan Stanley Australia boasts one of the country's largest retail adviser networks and the ...

NZ Super Fund posts decent full-year return

MARK SMITH  |  WEDNESDAY, 21 SEP 2016
... in New Zealand forestry business Kaingaroa Timberlands, increased in value by NZ$82 million to NZ$1.49 billion. The sovereign wealth fund, which is designed to help pre-fund national superannuation payments from 2032, finished the June financial year ...

QIC and Future Fund win Port of Melbourne lease

DARREN SNYDER  |  MONDAY, 19 SEP 2016
... global infrastructure assets. It will be an important contributor to our long-term investment objectives as Australia's sovereign wealth fund," Costello said. GIP Australia partner Russell Smith said the firm "looks forward to bringing to bear our strong ...

Future Fund ahead of target on tenth birthday

MARK SMITH  |  THURSDAY, 1 SEP 2016
... numbers. At 30 June the flagship Future Fund reached $122.8 billion in funds under management, double the $60.5 billion the sovereign wealth fund has received in contributions since it was set up in May 2006. While a return of 4.8% in the last financial ...

Insurers face significant asset risk charges from downgrade

KERRIE SYDEE  |  TUESDAY, 30 AUG 2016
Life and general insurers face the risk of higher asset charges if a sovereign downgrade occurs, according to senior portfolio manager- fixed income at Nikko Asset Management, Darren Langer. In July Standard and Poor's Global Ratings (S&P) revised the ...

Local hedge funds fighting for insto attention

ALEX BURKE  |  MONDAY, 22 AUG 2016
... is a "perennial" challenge for Australian hedge funds, who are still contending with the "differing requirements of sovereign wealth, superannuation, offshore pension, HNW, family office and retail client bases." This is compounded by additional "institutional ...

Efficiency key to performance in low-return world

ALEX BURKE  |  FRIDAY, 19 AUG 2016
... and owners, superannuation funds, financial advice groups, banks, wealth managers, corporate funds, insurers and one sovereign wealth fund. The respondents said that their two greatest concerns are generating returns and the ongoing risk of economic ...

NZSF gets top UN sustainability ratings

ALEX BURKE  |  MONDAY, 15 AUG 2016
The United Nations Principles for Responsible Investment has given top marks to the NZ Super Fund. The sovereign wealth fund has received an A+ rating for responsible investment governance and strategy and either A or A+ ratings across all reported ...

Mercer principal departs for private equity firm

ALEX BURKE  |  THURSDAY, 11 AUG 2016
... consulting team has departed the company. Sarah Azzi joined Mercer in 2012, having been an investment consultant at Sovereign Investment Research prior to that. She has now become an associate director at Anacacia Capital. Anacacia Capital is a boutique ...

Absolute returns no longer the domain of instos

DARREN SNYDER  |  MONDAY, 25 JUL 2016
... straightforward approach to multi-asset investing. The long-only fund invests in high-quality global equities, global sovereign bonds and cash. It has a two-year track record in Australia and implements the same investment philosophy as its UK offering ...