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Showing 51 - 60 of 296 results for "US Investment"

HESTA hires investment manager

ELIZABETH MCARTHUR  |  WEDNESDAY, 7 APR 2021
Industry super fund HESTA has made a key appointment in its equities and liquid alternatives team. The $58 billion fund has appointed Chris Lye to the position of investment manager - Australian equities and liquid alternatives. Lye has a strong pedigree ...

Australian Ethical continues growth trajectory

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 FEB 2021
The booming interest in socially and environmentally conscious investments has seen Australian Ethical post stellar half year results, despite the pandemic. Australian Ethical reported underlying profit after tax for the second half of 2020 of $4.9 ...

Netwealth names new director

ELIZA BAVIN  |  TUESDAY, 2 FEB 2021
Netwealth has welcomed a new independent non-executive director with over 25 years' experience in finance, consulting, and asset management. Kate Temby was appointed to the board effective yesterday and brings considerable financial services experience ...

Cbus, Media Super merger progresses

JAMIE WILLIAMSON  |  TUESDAY, 15 DEC 2020
The two industry superannuation funds will move on to the next phase of merger preparations, as the smaller of the two confirms the closure of numerous investment options. Cbus and Media Super have announced they are commencing work on a merger plan ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... fair and reasonable. All the investments and asset allocations of the 401(k) were performed by the trustee, the US investment manager's subsidiary Fidelity Management Trust Company, the document read, and that Fidelity Management & Research Company ...

NZ Super, Ontario Teachers' acquire healthcare provider

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
The sovereign wealth fund and Canadian pension fund have acquired New Zealand's largest provider of pathology services. NZ Super Fund and Ontario Teachers' Pension Plan have acquired a 50% stake each in Asia Pacific Healthcare Group (APHG). The transaction ...

Myer Foundation partners with Mercer

ELIZABETH MCARTHUR  |  MONDAY, 30 NOV 2020
The Myer Foundation will rapidly transition to 100% sustainable investments through a partnership with Mercer. Mercer was first commissioned in March this year to help implement a substantial portfolio restructure as part of the Myer Foundation's goal ...

Perpetual rejigs WealthFocus fees

KANIKA SOOD  |  TUESDAY, 3 NOV 2020
Perpetual is set to lower the fees for over 40 funds on its WealthFocus platform, including internal and external products. Effective December 1, it is changing fee structures for nearly 46 funds, lowering management fees and ending normal expense recoveries. ...

Financial services firm names new directors

ALLY SELBY  |  WEDNESDAY, 7 OCT 2020
... corporate finance and specialized in natural resources and privatisations. He would later return to Australia to join US investment bank Salomon Brothers, based in Sydney and Melbourne. Here he specialized in M&A and corporate advisory transactions in ...

Cbus appoints new investment leadership role

ELIZABETH MCARTHUR  |  MONDAY, 28 SEP 2020
The $54 billion industry fund has appointed a chief operating officer, investments. Nancy Day steps into the role, having been head of investment operations at the fund for the past two years. "Nancy has already made a significant contribution to the ...