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Showing 6371 - 6380 of 29074 results for "PRI"

BlackRock wins monumental mandate

ANNABELLE DICKSON  |  THURSDAY, 3 JUN 2021
In what is reportedly one of the biggest transfers of retirement savings to date, BlackRock has won the first external investment mandate for two of the largest defined benefit schemes in the UK. BlackRock will be the outsourced chief investment officer ...

Fund administrator eyes Australia

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
A Singapore-based fund administrator will establish full-service operations in Australia as it sees an opportunity in the local market. Ascent Fund Services currently services about US$7 billion in assets. This includes 150 products across six Asia ...

State Super rejigs defensives

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
State Super has mandated two managers, as it allocates to Australian investment grade corporate credit and global investment grade structured credit. State Super manages about $42 billion in assets, of which about 20% is in defined contribution schemes ...

GIC to open Sydney office

KANIKA SOOD  |  WEDNESDAY, 2 JUN 2021
Singapore's $708 billion sovereign wealth fund will open an office in Sydney, as it looks to increase its focus on Australian investment opportunities. The Sydney office will be GIC's 11 th internationally. The fund said it will look for opportunities ...

Research on education standards and morals launches

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
Research that is aiming to determine how formalising educational and ethics requirements impact the moral development of financial advisers is calling for participants. The Western Sydney University is canvassing financial advisers to take part in research ...

Boutique manager names head of distribution

KARREN VERGARA  |  WEDNESDAY, 2 JUN 2021
A boutique global equities fund manager has hired a distribution lead, formerly of Meritum Financial Group. Gold Coast-based fund manager Swell Asset Management appointed Stephen Poole as head of distribution. Poole was the general manager of NAB's ...

Vanguard head jumps to industry fund

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 JUN 2021
The former head of product management at Vanguard has made the move to a $61 billion industry super fund. Andrew Reeve has been appointed head of strategy and innovation - investments at Cbus, the industry fund for the construction and building sector. ...

MAM fund buys waste company

ANNABELLE DICKSON  |  WEDNESDAY, 2 JUN 2021
Macquarie Asset Management has acquired Beauparc Utilities from its founder and a private equity firm for an undisclosed fee. Macquarie European Infrastructure Fund 6 bought out the Dublin-based company from Eamon Waters and the Blackstone Tactical ...

Chief economist update: RBA cash rate on ice until 2024

BENJAMIN ONG  |  WEDNESDAY, 2 JUN 2021
Except to reinforce its message that interest rates will remain at record lows "until 2024 at the earliest", the Reserve Bank of Australia's (RBA) June board meeting was largely a ho-hum affair. As expected, the RBA left monetary policy settings ...

GAM hires from BlackRock

JAMIE WILLIAMSON  |  TUESDAY, 1 JUN 2021
The Swiss manager is investing in its local business, adding to its product offering and hiring a senior manager from BlackRock. Close to three years since opening its Australian office, GAM Investments is growing the Sydney-based team with the addition ...