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Showing 621 - 630 of 10353 results for "Close"

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
Building on its success, HMC Capital will relaunch the HMC Capital Partners Fund I with an expanded mandate. HMC Capital Partners Fund I (HMCCP Fund I) - predominantly targeting listed investments up to 10 positions - delivered more than 55% net returns ...

Qantas Super, ART merger official

KARREN VERGARA  |  MONDAY, 31 MAR 2025
... and $310.2 billion in FUM at the end of June 2024, according to APRA statistics. "As we pass the baton to ART, it is the close of this present chapter in the fund's history and the beginning of another - with the establishment of the Qantas Group ...

Not one trustee tracked end-to-end claims handling times: ASIC

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
A review of major superannuation trustees by ASIC found that not even one monitored or reported on the full process of death benefit claims handling. The review of superannuation trustees including, Australian Retirement Trust, Avanteos (Colonial First ...

AMP introduces geared retirement options

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... response to the growing demand from new and existing advisers. According to State Street Global Advisors and Investment Trends, close to 60% of advisers are using managed accounts, with the sector currently sitting at about $232.77 billion. The Innova ...

Plenary names new chief executive

KARREN VERGARA  |  MONDAY, 31 MAR 2025
Plenary Group has named its new chief executive as incumbent David Lamming exits the post on July 1. Chief investment officer Paul Crowe takes over the top job. He joined the firm in 2005, involved in structuring and executing most of the major infrastructure ...

APRA levy to cost $243m in FY26

KARREN VERGARA  |  FRIDAY, 28 MAR 2025
The total cost to keep APRA's enforcement activity going is set to be $243 million in the 2026 financial year, with the superannuation industry taking up about 30% of this amount. Super funds have been allocated $72.9 million to fund APRA's operations ...

Navigating the impact investment sector for instos

MATTHEW WAI  |  FRIDAY, 28 MAR 2025
Institutional investors can face more obstacles in navigating the impact investment sector, and while it generates fruitful returns, an expert says it actually doesn't always produce a positive outcome after all. Discussing how impact investing ...

Equity Story plots expansion, names chair

MATTHEW WAI  |  FRIDAY, 28 MAR 2025
The chief executive of Sydney-based Capital Haus will assume the role of executive chair of Equity Story Group, as the latter plans to expand its presence in private wealth and funds management. Current executive chair Ross Landles, who will move to ...

AustralianSuper bins WiseTech stake

ANDREW MCKEAN  |  THURSDAY, 27 MAR 2025
... "... it has created a significant amount of value for AustralianSuper members," he said. Notably, WiseTech has returned close to 2000% since its IPO, although the stock is down around 40% from its peak, with much of the decline occurring after White's ...

Investors warned to sell hybrids before phase out

ELIZA BAVIN  |  WEDNESDAY, 26 MAR 2025
As APRA phases out hybrids, and with retail investors holding an estimated 20-30% of the $42 billion sector, Schroders fund manager Helen Mason said now is a good time for investors to consider a new income solution. Mason said the phase out of retail ...