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Showing 581 - 590 of 2279 results for "Industry fund"

Unsatisfied HESTA members head for exit

ELIZABETH MCARTHUR  |  THURSDAY, 27 FEB 2020
An activist group who met with $50 billion industry fund HESTA following a protest have revealed that several from their group were so disappointed with the outcome of the meeting that they're leaving the fund. Healthy Futures is an organisation ...

Academics protest UniSuper investments

HARRISON WORLEY  |  WEDNESDAY, 26 FEB 2020
... from 8% 18 months prior. It's not alone, however. Earlier this week, medical professionals staged a protest against industry fund HESTA, in an attempt to urge the fund to divest from fossil fuels. HESTA's investments include Coal India, Whitehaven Coal ...

Industry fund awards mandate

ELIZABETH MCARTHUR  |  TUESDAY, 18 FEB 2020
A $7 billion industry fund has awarded a mandate for an indexing strategy. Energy Super has awarded Robeco a $650 million global equity mandate to the manager's Enhanced Indexing strategy. Robeco's Enhanced Indexing strategy incorporates sustainability ...

Fund managers driven to alternatives: Report

ELIZA BAVIN  |  TUESDAY, 18 FEB 2020
Fund managers are being pushed into allocating more of their portfolios towards alternatives, as traditional investments continue to provide low returns, according to a new Morningstar report. The Multi Sector Wrap report examines 78 multisector funds ...

Industry fund hikes admin fees

ELIZA BAVIN  |  MONDAY, 17 FEB 2020
... including those entering or re-entering employment having taken maternity leave. First Super is a Melbourne-based industry fund with around $3.3 billion in funds for over 50,000 members.

Industry fund bumps up premiums

JAMIE WILLIAMSON  |  FRIDAY, 14 FEB 2020
Members of a $25 billion industry superannuation fund are set to pay higher insurance premiums from April 1, with some paying up to 20% more for death and TPD. VicSuper has notified members their insurance premiums are increasing as a result of the ...

Advisers choose remediation over advice

ELIZABETH MCARTHUR  |  FRIDAY, 14 FEB 2020
... applying for advice jobs after facing few applications for what should be sought-after financial advice roles with an industry fund. Conversely, advisers seem to be jumping at the chance to get into remediation roles. "If we put an ad up on Seek or LinkedIn ...

HESTA hikes default insurance cover

KANIKA SOOD  |  THURSDAY, 13 FEB 2020
The $55 billion industry fund is hiking the cost of its standard insurance cover for most of its members, with those aged 55 to 64 years to be the worst hit. HESTA's standard insurance cover -- which eligible members automatically receive upon signing ...

Industry fund introduces new fee

ELIZA BAVIN  |  WEDNESDAY, 12 FEB 2020
One of the country's largest industry funds has announced a new fee for retirees. First State Super customers will face changes to the Retirement Income Stream (RIS) and Transition to Retirement Income Stream (TRIS) fee structure on 1 April 2020. ...

VicSuper PM jumps for industry fund

ALLY SELBY  |  WEDNESDAY, 12 FEB 2020
The portfolio manager for responsible investments at VicSuper has resigned ahead of the fund's merger with First State Super, jumping ship for an industry super fund. Kim Farrant has been appointed as the head of ESG at Hostplus. She had been with ...