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Showing 5711 - 5720 of 29070 results for "PRI"

Industry fund chief steps down, successor named

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
The longstanding chief executive of $26 billion industry superannuation fund Spirit Super will step down in the new year, with a QSuper executive to take up the role. Spirit Super's Leeanne Turner will step down as chief executive in early 2022 ...

La Trobe fined for misleading investors

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
La Trobe Financial has been fined for misleading investors in its $5 billion fund. The Federal Court has ordered La Trobe Financial Asset Management to pay a $750,000 penalty for false and misleading marketing of the La Trobe Australian Credit Fund ...

GSFM hires new product manager

KARREN VERGARA  |  MONDAY, 29 NOV 2021
GSFM has created a new product manager role and appointed a former senior staffer from BT Financial Group to the post. Natasja Liddell was hired to help meet the multi-affiliate fund manager's growing investor demand. Based in Sydney, she reports ...

Hostplus, Intrust merger complete

KARREN VERGARA  |  MONDAY, 29 NOV 2021
Hostplus and Intrust Super have finalised their merger, as first reported by Financial Standard in May. Intrust transitioned over 90,000 members, 25,000 employer clients, and $3 billion in funds under management to Hostplus, effectively taking the latter's ...

Bell Asset Management launches new fund

ELIZABETH MCARTHUR  |  MONDAY, 29 NOV 2021
Leaning into the ever-growing interest in sustainable investing, Bell Asset Management has launched a new fund. The Bell Global Sustainable Fund is an ESG fund for Australian retail and wholesale investors. The fund is an actively managed, concentrated ...

Economic recap: Week to November 26

BENJAMIN ONG  |  MONDAY, 29 NOV 2021
Out of (South) Africa Just when citizens of Planet Earth were beginning to enjoy their new-found freedom - through herd immunity, increased vaccinations and/or learning to live with Delta - comes a new kid in town. And it's name is Omicron. The discovery ...

Pinnacle seeds Canadian boutique

KARREN VERGARA  |  FRIDAY, 26 NOV 2021
In another first for Pinnacle Investment Management this week, the firm has set up a North American-based affiliate in a small-cap equities fund manager. The fund manager is based in Toronto, Canada, focused on small caps and other global equities. ...

Rest hires from MLC Asset Management

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The $65 billion industry superannuation fund has welcomed a head of investment product and communications who has previously held roles with MLC Asset Management and BlackRock. Lydia Vitalis joined Rest this month in the newly created role, having spent ...

Advisers optimistic for 2022: Research

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
Financial advisers expect Aussie equities to deliver capital gains of 3.5% over the next 12 months, according to new research. The latest study from Investment Trends shows financial advisers are much more optimistic about local shares than they were ...

Guidance on financial risks of climate change released

JAMIE WILLIAMSON  |  FRIDAY, 26 NOV 2021
The prudential regulator has released the final guidance on managing the financial risks of climate change, having made minor amendments following industry consultation. The guidance outlines how institutions must identify and monitor risk, covering ...