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Showing 51 - 60 of 815 results for %22New Zealand Super Fund%22

NZ sovereign wealth fund, Northern Trust extend relationship

CHLOE WALKER  |  TUESDAY, 20 DEC 2022
New Zealand Superannuation Fund (NZ Super Fund) has extended its longstanding asset servicing and custody relationship with Northern Trust, following a review process earlier this year. Northern Trust will continue to provide the $58.7 billion super ...

Apex Group wins fund services mandate

CASSANDRA BALDINI  |  THURSDAY, 15 DEC 2022
... risk mitigation and market proximity while driving internal efficiencies and flexibility. Apex Group Australia and New Zealand head of business development Nick Bradford explained the firm is noticing a growing trend. "Global investment managers launching ...

Super funds, sovereign investors back $1bn VC fund

CHLOE WALKER  |  WEDNESDAY, 2 NOV 2022
... the nation's largest venture capital fund, receiving over $1 billion in committed capital from some of Australia and New Zealand's largest institutions. The fund consists of a $284 million core fund, $668 million follow-on fund and NZ$75 million dedicated ...

Challenger offloads banking business

JAMIE WILLIAMSON  |  THURSDAY, 20 OCT 2022
Just two years after acquiring it, Challenger will sell its banking operations to New Zealand's Heartland Group. Challenger spent $35 million to buy the banking business from Catholic Super in December 2020. The aim was to reach a wider range of customers ...

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
... median industry return of -3.7%. The fund ranks in the top five for MySuper/default options over one year. This is confirmed by new data from Frontier Advisors which concludes that asset allocation was more influential for the investment performance ...

NZ Super shifts $25bn to low carbon indices

RACHEL ALEMBAKIS  |  WEDNESDAY, 14 SEP 2022
... globally. Gilmore said the fund would be reporting on progress towards net zero annually under a framework for the New Zealand Crown Financial Institutions, as agreed with the Minister of Finance last year. The fund noted it will continue to obtain some ...

Local head named for BNP Paribas custody business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
Nine months after David Braga departed as BNP Paribas Securities Services head of Australia and New Zealand, his replacement has been named. State Street's Daniel Cheever has taken over the role with immediate effect, the custodian said. It follows ...

Pretium Partners lands down under

CHLOE WALKER  |  TUESDAY, 30 AUG 2022
... an office and appointing a managing director. Craig Matthew has been appointed managing director for Australia and New Zealand for Pretium, heading up its first local office. It will maintain the firm's focus on residential real estate, residential ...

Equity Trustees confirms AET acquisition

CASSANDRA BALDINI  |  MONDAY, 22 AUG 2022
... non-renounceable entitlement offer and $40 million from the drawdown of an additional debt facility with Australia and New Zealand Banking Group Limited (ANZ). EQT chair Carol Schwartz said: "This is a transformative acquisition that enhances EQT's ...

Commonwealth Bank profit nears $10bn

CASSANDRA BALDINI  |  WEDNESDAY, 10 AUG 2022
... Other matters include class actions related to financial advice, an action in the US over BBSW, another related to its New Zealand subsidiary ASB Bank. It is also working on a matter with the Fair Work Ombudsman and other inquiries with APRA and ASIC ...