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Showing 531 - 540 of 3364 results for "Mandate"

Spirit Super rectifies regulatory breach

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
Spirit Super has corrected a non-compliance issue, amending its process for monitoring the use of reserves to cover expenses that exceed the fees and costs charged to members. Last month, the industry fund acknowledged that it had inadvertently omitted ...

Challenger real estate arm price tag drops

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... Elanor's managed funds. Elanor announced this morning that it was advised by Challenger that "one third party institutional mandate will not transfer" but did not provide more details. As a result, Elanor will issue up to 24.8 million of its shares ...

Future Fund adds to investment team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
Future Fund has strengthened its investment team with the hire of Toby McMillan as director of unlisted property. McMillan arrives from the $60 billion quasi-sovereign wealth fund Victorian Funds Management Corporation. McMillan worked at VFMC for more ...

Rest extends Link partnership

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2023
Link Group has officially renewed its mandate with Rest, with the industry fund signing on for another five years. In February, the administrator flagged it was in discussions with Rest and a renewal was likely. Today, it's confirmed a new contract ...

Aware Super bolsters strategy team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
... manage the fund's approach to active asset allocation. "This team of seven investment professionals have a flexible mandate to actively trade macro markets across interest rates, FX, and equities to generate returns," he added. Ellis has a 16-year ...

Former industry execs launch analytics firm

JAMIE WILLIAMSON  |  THURSDAY, 25 MAY 2023
A new superannuation and investment analytics firm has officially launched, with a few familiar faces at its helm. In the works for some time, Jefferson & Shea Analytics brings together David Braga, Raewyn Williams and Peter Murphy, and offers a fee ...

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
Sydney-based Income Asset Management Group (IAM) has acquired River Capital Liquid Credit Fund and credit mandate for $72 million. It also divested its 25% stake in Fortlake Asset Management. The River Capital Liquid Credit Fund is a high conviction ...

Nuveen wins $190m super mandate

KARREN VERGARA  |  MONDAY, 22 MAY 2023
Nuveen has secured a mandate from four superannuation funds to invest $190 million across alternative office assets located in the US. Cbus Super, Hostplus, TWUSUPER and another undisclosed super fund have invested in Nuveen's US Cities Workplace Fund ...

APRA finalises rules for financial crisis readiness

ANDREW MCKEAN  |  FRIDAY, 19 MAY 2023
Finalising new prudential standards, APRA is aiming to bolster banks, insurers, and superannuation trustees' resilience against future financial crises. APRA hopes the new standards will equip these financial entities with strategies to counteract threats ...

E&P Investments hands over RE mandate

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
... fee proposal. The appointment must go to unitholder votes, to be held on June 19 and 27, it noted. If successful, the mandate would add a collective $1.68 billion to K2's funds under management and advice. "This growth cements the extensive investment ...