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Showing 5621 - 5630 of 22790 results for "Funds"

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... the second largest amount of assets in the plan. The plaintiffs claimed Fidelity's actively-managed options Freedom funds were "riskier and more costly" than the "substantially less costly and less risky" Freedom Index funds. Among the allegations ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
A new best-practice guide for the boards and internal auditors of superannuation funds, banks and financial service providers has been released. The Institute of Internal Auditors (IIA) has released The Better Practice Guide, which was developed with ...

Former Cbus chief takes prime role at AMP Capital

KANIKA SOOD  |  WEDNESDAY, 2 DEC 2020
... role to help drive our transformation and deliver our strategy," De Ferarri said. "Having led three major superannuation funds in the Australian market, David brings a deep knowledge and understanding of clients and their expectations. He has delivered ...

Hannover reverses out of group insurance

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
More than 10 superannuation funds could soon be looking for a new group life insurer, as Hannover Re reverses out of the segment to focus on reinsurance. The German insurer currently has insurance mandates for large superannuation funds like Equipsuper ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... boutique has launched a thematic fund that invests in businesses delivering artificial intelligence (AI) solutions. NextGen Funds Management's AI Technology Fund will invest in debt or equity in AI businesses in startup to pre-IPO life stages. The return ...

Mercer restructures fees, asset allocation

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... placed, and we have the work underway in order to implement a series of changes to correct that," he said. While most super funds cap admin fees at a certain amount, Leigh asked why Mercer did not. "It's simply the pricing approach that we've ...

QSuper bets on new retirement product

KARREN VERGARA  |  TUESDAY, 1 DEC 2020
... large gap exists in providing members advice and assistance in making better informed decisions in retirement phase. Super funds are uniquely placed to provide advice and guidance to members who must contact their provider to commence a retirement income ...

Charter Hall REIT adds director

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... investment officer at The GPT Group, managing director - investment management Australia at Lendlease and head of listed funds at Challenger. Hourigan is a director of the Property Council of Australia, serves as a special advisor to the Property Male ...

Praemium develops relationship with US platform

KANIKA SOOD  |  MONDAY, 30 NOV 2020
The ASX-listed platforms business has added to its holding in an American platform for alternative funds. Qualis Capital's platform offers sophisticated investors funds in private equity, real estate, private debt and hedge funds. In May, Powerwrap ...

New multifamily real estate fund

KANIKA SOOD  |  MONDAY, 30 NOV 2020
... multifamily offering, and is being marketed to Australian, Asian and US investors who have already participated in the previous funds. "Australian and Asian investors are particularly interested in the multifamily class of assets, which are more common ...