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Showing 41 - 50 of 1821 results for %22Class Super%22

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... billion. Elsewhere, the bank has not quantified the liability for one of its lawsuits. On 5 October 2023, Westpac defended a class action in the Federal Court of Australia against BT Funds Management (BTFM), Westpac Securities Administration (WSAL) and ...

Caddick victims sue auditors in class action

KARREN VERGARA  |  MONDAY, 30 OCT 2023
A new class action led by victims of Melissa Caddick alleges that auditors of their self-managed superannuation funds failed their jobs to detect fraudulent activities. Twenty-four victims, together with the help of Melbourne-based law firm Mackay Chapman ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
Macquarie Group broke into the world's top 50 largest fund manager rankings with US$543 billion in assets, making it the only Australian fund manager on the list. The latest analysis by the Willis Towers Watson's Thinking Ahead Institute shows ...

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... managers' and Frontier's perceptions of influence is likely a result of the rapid growth of large super funds' internal asset class teams, with responsibilities delegated to those teams and leading to more direct engagement with managers than may have ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... told the CFA Societies Australia Investment Conference yesterday that how the sovereign wealth fund invests in every asset class is done through the lens of rising interest rates. "Since 2021, we've been talking about interest rates going up. That's ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... have learnt from each business into my dream version of what advice should be," he said. This, Sauer said, includes a first-class user experience, goals-based advice, and an affordable fee model. "Clients will have their own client portal via myprosperity ...

KeyInvest, Mantis Funds launch investment bond offering

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... Damien Hatfield said. "Mantis is expected to distribute exciting new investment products, including private credit asset class investments, that KeyInvest will be bringing to market soon." Hatfield added that it's pleasing to be working with an Australian ...

AustralianSuper merges real assets functions

JAMIE WILLIAMSON  |  THURSDAY, 12 OCT 2023
The superannuation giant has made a raft of fresh appointments as it restructures its infrastructure and property investment teams, including naming a head of global real assets. AustralianSuper is going to combine its infrastructure and property teams ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... credit arm led by Nehemiah Richardson and Charles Finkelstein, flagging its intention to become a major player in the asset class. Meanwhile, NYSE-listed fund manager Blue Owl is making a play for Australian investors, testing the waters for its private ...

Peter Costello steps down from Future Fund

ANDREW MCKEAN  |  MONDAY, 9 OCT 2023
... jointly said the government has demonstrated its commitment to ensuring the nation's economic institutions remain world-class with the right leadership and structures in place to meet current and future challenges. Chalmers and Gallagher also expressed ...