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Showing 671 - 680 of 3706 results for "Select"

MetLife Investment Management to buy $1bn AIM

CHLOE WALKER  |  TUESDAY, 30 AUG 2022
The asset management business of MetLife has agreed to acquire ESG-focused fixed income investment manager Affirmative Investment Management (AIM). With over $1 billion of assets under management, AIM focuses on managing fixed income portfolios that ...

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
While the annual Your Future, Your Super performance test is focused on stamping out underperformance, its impact on industry consolidation is likely already shifting, according to KPMG. The results of the second annual performance test are expected ...

CEFC invests in Macquarie cattle station fund

CHLOE WALKER  |  MONDAY, 29 AUG 2022
The federal government's Clean Energy Finance Corporation has committed $75 million to Macquarie-owned Paraway Pastrol, as the farming giant aims to cut its methane emissions. The investment, made via the Macquarie Pastoral Fund, will see Paraway reduce ...

Hostplus expands Industry Fund Services mandate

JAMIE WILLIAMSON  |  MONDAY, 29 AUG 2022
Following a review, Hostplus has retained Industry Fund Services (IFS) as its financial advice provider ahead of expanding its intra-fund and personal advice services. Hostplus is planning to roll out an updated financial advice and literacy model ...

QIC multi-sector private debt team wins mandate

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
The multi-sector private debt team that QIC introduced in February has won a $500 million plus mandate to invest in Australia and New Zealand. The mandate comes from Queensland's State Investments and is a three-year commitment. The team is tasked ...

Adviser standards consultation commences

JAMIE WILLIAMSON  |  THURSDAY, 25 AUG 2022
Treasury has kicked off its review of adviser professional standards with a consultation paper that outlines its proposed new pathway for experienced advisers. The government's position has been that a minimum of 10 years' experience and a clean ...

Equity Trustees celebrates new mandate

CHLOE WALKER  |  TUESDAY, 23 AUG 2022
... returns with a focus on capital preservation, by providing credit/lending to mid-market corporates in Australia and for select corporates across the Asia Pacific region. TCP has over $750 million in assets under management and is a part of Tanarra Group ...

NGS Super bolsters investment team

ANDREW MCKEAN  |  FRIDAY, 19 AUG 2022
NGS Super has made two new hires to strengthen its capabilities in international and Australian equities, as the fund works toward a carbon-neutral investment portfolio by 2030. Susan Ding has been appointed as a senior manager of international shares ...

HESTA, Mercy Super to pursue merger

JAMIE WILLIAMSON  |  FRIDAY, 19 AUG 2022
HESTA and Mercy Super announced in June that they were well progressed with potential merger discussions. Now, the two have signed a Successor Fund Transfer deed with the aim of merging by November 30. The merger will see Mercy Super's 13,000 members ...

Transurban names new chair

CASSANDRA BALDINI  |  THURSDAY, 18 AUG 2022
Transurban has named Craig Drummond as its chair, replacing Lindsay Maxsted who will retire this year. The current non-executive director will replace Maxsted following the annual general meeting in October. Drummond joined the board in 2021 and has ...