Search ResultsShowing 41 - 50 of 100+ results for "Australian"
New fund invests $45m in SA
ELIZA BAVIN  |  FRIDAY, 17 JAN 2020
A new fund has invested $45 million into the South Australian health and biotech industries. The Chinese fund has invested the money to accelerate the development and commercialization of health and medical research outcomes from South Australia. The ...
SGE extension could hurt small entities: FSC
HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
... exposure draft legislation extending the SGE, the FSC draws on previous public submissions made by Deloitte and the Australian Investment Council (formerly AVCAL), noting in particular its agreeance with the AIC's concerns for small investment entities ...
Revolution Asset Management launches second fund
KANIKA SOOD  |  THURSDAY, 16 JAN 2020
... investor. The Revolution Private Debt Fund II follows the boutique's inaugural fund which raised $200 million and had Australian Catholic Superannuation Fund and Catholic Super as investors. ACSRF is back again with an investment in the new fund. ...
Powerwrap finds new line of business
KANIKA SOOD  |  THURSDAY, 16 JAN 2020
... about $2 billion to $4 billion in assets. As a part of the agreement, Powerwrap will also bring 50 US hedge funds to Australian advisers, as it looks to expand its investment menu for alternatives. The new hedge fund additions are expected to go through ...
Superannuation scammer to face court
KANIKA SOOD  |  THURSDAY, 16 JAN 2020
The South Australian Police has arrested an SMSF investment manager who will today face the court with charges for 69 counts of deceptions. The 33-year-old man from Hills was arrested by police on Wednesday following a cybercrime investigation. It is ...
ASIC increases levy costs
ELIZA BAVIN  |  THURSDAY, 16 JAN 2020
The Australian Securities and Investment Commission has hiked the levies owed by superannuation trustees, up over 22% from what the regulator estimated in March 2019. ASIC had published the indicative levies for superannuation trustees as a minimum ...
HESTA names chief risk officer
JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2020
... the super fund. Before joining HESTA, Major was an executive director at Macquarie. He is currently the chair of the Australian Investment Council and also represents HESTA on several boards. He has also served as a director of the Climate Bonds Standards ...
Industry fund appoints investment head
HARRISON WORLEY  |  WEDNESDAY, 15 JAN 2020
... September 2019 after more than four years at the fund. He has also previously worked as head of portfolio management at Australian Unity. Formerly a director of the now wholly-owned Pendal subsidiary Regnan, Smith also served as a senior asset consultant ...
PIMCO a hit with Aussie instos
KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... Information. The global manager raised $3.7 billion -- most of it in its international fixed interest strategies -- from Australian superannuation funds and investment managers in the 12 months to September 2019. The number, which is the highest for ...
Better retirement income products needed
ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
Challenger's Jeremy Cooper is calling for better product design from super funds as new research shows most Australian seniors are living in fear that they will outlive their savings. New insights from Challenger and National Seniors Australia reveal ...
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