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Showing 41 - 50 of 471 results for "Latter"

Outflows, M&A batter active managers

KARREN VERGARA  |  THURSDAY, 30 MAR 2023
... SG Hiscock. Adding to the shrinking pool of active managers, Perpetual's high-profile takeover of Pendal Group saw the latter delist at the start of the year. This frenetic pace of change in the sector has flipped investor and analyst sentiment. This ...

Corporate fund transfers members to ART

JAMIE WILLIAMSON  |  TUESDAY, 7 MAR 2023
Recently announcing it has two mergers on the cards, Australian Retirement Trust (ART) has confirmed it is also in the final stages of taking on the corporate fund of a global IT giant. ART is undertaking a successor fund transfer with Oracle Superannuation ...

Investec Property Fund, Irongate Australia in new JV

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
The South African property giant has announced a 50/50 joint-venture with Irongate Australia, leading to a buyout of the latter's funds management operations from Charter Hall. The agreement includes the Irongate Australia Fund Management team ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
... explained that when insured against mortality risk, a manufacturer such as a life insurer or a super fund (although the latter is not allowed by APRA to carry its own mortality risk) can worry less about these risks. Insuring against mortality risk through ...

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
... leveraging our scale to deliver the best possible value to them." The news follows Link securing a mandate with HSBC as the latter builds out its pensions business in Hong Kong, a move that also signals Link's first foray into the Hong Kong pensions ...

SEC fines Mormon Church investment arm

KARREN VERGARA  |  WEDNESDAY, 22 FEB 2023
... ballooned to as much as US$32 billion ($46.7bn). Ensign Peak Advisers, the investment manager of the Church of Jesus Christ of Latter-day Saints, failed to file documents that disclose the church's investments. Instead, it created 13 shell companies ...

abrdn terminates funds amid transition

JAMIE WILLIAMSON  |  MONDAY, 20 FEB 2023
... strategic partnership with SG Hiscock in December 2022, agreeing to transfer its Australian equities capabilities to the latter and rebrand all offerings. abrdn said this was a refocusing of its local business "in response to the need for greater local ...

Link scores admin, technology mandate

KARREN VERGARA  |  WEDNESDAY, 8 FEB 2023
... global bank's retirement and pensions unit has awarded an administration and digital solutions mandate to Link Group as the latter expands its footprint in the region. HSBC appointed Link's Retirement & Superannuation Solutions (RSS) business to oversee ...

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... Australian Institute of Superannuation Trustees (AIST) and HSBC will help superannuation funds diversify globally, says the latter's head of markets and securities services Nick Wheeler. In an interview with Financial Standard, Wheeler said super funds ...

HSBC eyes bigger slice of super pie

CHLOE WALKER  |  MONDAY, 23 JAN 2023
... services in the Australian superannuation sector. The new partnership will see HSBC and AIST collaborate to help inform the latter's members of key industry trends and insights that can assist with international mandates, it said. It will also form an ...