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Showing 671 - 680 of 4604 results for "Andrew"

Australian Retirement Trust restructures leadership team

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
Australian Retirement Trust (ART) has undergone a major organisational shakeup that's resulted in an overhaul of its executive leadership team, including some key departures. The $300 billion super fund, which is nipping at the heels of AustralianSuper ...

Sequoia chief reappointed, hunt for successor kicks off

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
Sequoia Financial Group chief executive Garry Crole has accepted a fixed-term contract that will see him extend his tenure to June 2026, but succession planning efforts are afoot. This fulfills the promise made in a company presentation to investors ...

JANA wins investment consulting mandate

ANDREW MCKEAN  |  WEDNESDAY, 24 JUL 2024
JANA Investment Advisers has been awarded a mandate to provide investment consulting services for separately managed accounts (SMA) aggregator Wealthtrac. The mandate, effective from August 15, will initially cover 10 of Wealthtrac's existing SMAs ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... individual bodies will provide a more coherent and consistent approach to corporate regulation and law enforcement," Senator Andrew Bragg said. "We have also recommended a suite of measures to improve governance and transparency. This includes a statutory ...

Generation Development Group corrals complete ownership of Lonsec

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
Generation Development Group, the parent company of Generation Life, which recently acquired the remaining stake in Lonsec, has reported a $673 million increase in funds under management (FUM) over the last financial year. Generation Life received over ...

AustralianSuper, HESTA acquire majority stake in housing developer

ANDREW MCKEAN  |  TUESDAY, 23 JUL 2024
AustralianSuper and HESTA have taken a majority stake in a new housing company that seeks to provide institutional investors stable, long-term returns through large-scale housing investments across Australia. The new company, backed by the industry ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... previous generations. The paper's author, Deloitte partner and Actuaries Institute retirement strategy group chair Andrew Boal said the property price boom has resulted in many retirees who own their own home being trapped in an asset-rich, income-poor ...

Beaconsfield takes control of New Quantum

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
US-based investment manager Beaconsfield Capital has appointed McGrathNicol as receivers and managers to New Quantum Holdings, a non-trading holding company with operating subsidiaries including wealth management software platform New Quantum and options ...

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... Europe in sectors like green industry, clean energy, education, and human capital development. Rest chief investment officer Andrew Lill said that the deal aims to give the fund greater exposure to assets it expects to benefit from megatrends that will ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
Industry funds BUSSQ and Cbus have defended their respective boards' close ties to the CFMEU, saying all representatives satisfy the fit and proper standards outlined by APRA. This week the Victorian branch of the Construction, Forestry and Maritime ...