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Showing 6221 - 6230 of 22796 results for "Funds"

Equipsuper, corporate fund merge

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUL 2020
... successor fund transfer having finalised on June 1. It sees about $85 million added to Equip's existing $15 billion funds under management. PRP members were informed of the plan to merge earlier this year, with the fund saying it has served its members ...

Chant West, Zenith agree on acquisition

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... said the acquisition adds a new business segment to Zenith's current business of managed accounts and of rating managed funds. "We see Chant West as a leader in its space and the acquisition presents a great opportunity for us to cross-sell across ...

Perpetual wins government fund mandate

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... statement. Perpetual Corporate Trust general manager Glen Dogan said: "We are seeing a growing interest in social impact funds across the private and public sectors. The EMIIF is the first such fund for the Australian government and we are delighted ...

AMP Life awards mandate post acquisition

ELIZABETH MCARTHUR  |  WEDNESDAY, 1 JUL 2020
A trustee has been appointed to AMP Life's superannuation funds, which hold more than $7 billion, following the sale of AMP Life to Resolution Life. Equity Trustees will be trustee for the super funds, replacing current trustees N M Superannuation and ...

Artisan teams up with Melbourne multi-boutique

KANIKA SOOD  |  WEDNESDAY, 1 JUL 2020
... to retail investors in Australia and New Zealand under a strategic partnership. Artisan already has about $6 billion in funds under management from Australian institutional investors. With the Copia partnership, it has launched an Australian-domiciled ...

Super funds merge, board revealed

ELIZA BAVIN  |  WEDNESDAY, 1 JUL 2020
... and despite the challenges posed by COVID-19 over the past six months we are pleased to say that we have brought our two funds together as planned," he said. "This would not have been possible without the dedication and commitment of our respective teams ...

Chief economist update: The All Ords' ups, downs and ups

BENJAMIN ONG  |  WEDNESDAY, 1 JUL 2020
... Brexit's settled; the Fed succeeded in turning the US inverted yield curve - which presaged a recession - after it cut the fed funds rate three times (in July, September and October) while at the same time, and along with other major world central ...

Challenges abound as super poises for COVID-19 recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Leaders from the nation's industry super funds have called for greater certainty around superannuation policy, noting various challenges face the industry in the period of economic recovery ahead. In particular, industry fund chief executives pushed ...

Foreign exchange broker banned

ALLY SELBY  |  TUESDAY, 30 JUN 2020
... unfair practices in order to encourage clients to make deposits or delay or cancel client requests to withdraw their own funds from their trading accounts," it said. "In finding that Marsh is not adequately trained or competent, ASIC found Marsh failed ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Industry super funds will invest $19.5 billion over the coming three years in construction and infrastructure projects; in a move that Industry Super Australia (ISA) chair Greg Combet says will help rebuild the Australian economy. The multi-billion ...