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Showing 6871 - 6880 of 22796 results for "Funds"

Superannuation scammer to face court

KANIKA SOOD  |  THURSDAY, 16 JAN 2020
... overseas locations. He initially delivered strong returns but the victim could not access them. As a result they lost their funds, the police said. The charged man then asked the victims to provide further funds to recoup their losses. He has been denied ...

GROW Super boosts executive leadership

HARRISON WORLEY  |  THURSDAY, 16 JAN 2020
... superannuation. Revealing the platform last July, the firm said TINA aimed to reduce costs and improve operational efficiencies so funds had more control over the delivery of member outcomes. Gee - a former KPMG partner - was unveiled as GROW's head ...

BlackRock wakes up to climate change

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... last decade. The IEEFA report also noted that only 0.8% of BlackRock's total portfolio was invested in ESG-oriented funds and criticised the board's ties to the fossil fuel sector. In an open letter to other business leaders, the newly "woke" ...

Super fund grows US real estate assets

HARRISON WORLEY  |  WEDNESDAY, 15 JAN 2020
... diversification because that's the safest approach to producing strong, long term returns for our members," QSuper head of funds management Elizabeth Kumaru said. She added the fund continues to be attracted to US property occupied by "prime tenants ...

Super fund appoints deputy investments chief

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... Fund (NASFUND). In the past he has worked as a senior portfolio manager at QIC and the head of private equity at Victoria Funds Management. He is currently a non-executive director at ASX-listed ClearView Wealth. In 2018, the PNG police charged laid ...

PIMCO a hit with Aussie instos

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... manager raised $3.7 billion -- most of it in its international fixed interest strategies -- from Australian superannuation funds and investment managers in the 12 months to September 2019. The number, which is the highest for any one fund manager with ...

Better retirement income products needed

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
Challenger's Jeremy Cooper is calling for better product design from super funds as new research shows most Australian seniors are living in fear that they will outlive their savings. New insights from Challenger and National Seniors Australia reveal ...

The Income Store closed for business

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 JAN 2020
... company falsely promised it would use the fees for expenses related to the website. In reality, the SEC alleges new investor funds were used to pay returns for older investors - in a Ponzi-like fashion. Courtright allegedly also used the money to pay ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
... end of 2019; 2.75% in 2020; and, 3% in 2021. The second headline was from today's The Australian: "Bushfires: Recovery funds to hit budget surplus". "Scott Morrison is preparing to unveil new funding and recovery measures in response to calls to ...

Cbus Super chief to exit

KANIKA SOOD  |  WEDNESDAY, 15 JAN 2020
... strengthening its employee and member engagement functions which it has brought in house and weighing potential mergers with other funds.