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Whole of portfolio solutions running hot: BlackRock

CHLOE WALKER  |  THURSDAY, 9 FEB 2023
... BlackRock head of strategy, multi-asset strategies and solutions Katie Petering. In an exclusive interview with Financial Standard, Petering said that over the last 12 months, almost all BlackRock's clients have moved to a whole of portfolio approach. ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... over the next few years, which is encouraging, State Street head of alternatives Australia David Grose told Financial Standard. "In Australia, we've also seen an increased investment by superannuation funds in private markets over recent years. There ...

Vanguard Super head resigns

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
... Vanguard's planned superannuation offer. At the time of the product's launch in November last year, Lovett told Financial Standard that approximately 18,000 potential members had expressed interest in taking up the product, in addition to several ...

AMP completes infrastructure equity business sale

ANDREW MCKEAN  |  FRIDAY, 3 FEB 2023
... billion capital return program, and will strengthen our balance sheet," George said. As previously reported by Financial Standard, in April 2022, AMP confirmed it would sell Collimate's infrastructure equity business to DigitalBridge for $700 million. ...

Prime Super's general manager of investments departs

ANDREW MCKEAN  |  THURSDAY, 2 FEB 2023
... for seven years, starting as its investment operations manager. She exited earlier this week. Speaking with Financial Standard, Prime Super chief executive Lachlan Baird said Kang is taking time off to travel and explore other opportunities. Meanwhile ...

Regulation should be balanced: Levy

ANDREW MCKEAN  |  WEDNESDAY, 1 FEB 2023
... institutions to provide advice, while also being in the best interest of consumers. Earlier this month, as reported by Financial Standard, a Treasury spokesperson indicated that industry can expect the Quality of Advice Review to be released in the coming ...

Grollo Group buys Mt Hotham airport

CHLOE WALKER  |  TUESDAY, 31 JAN 2023
... which ran for five weeks, and we had 110 respondents to the EOI program," managing director John Castran told Financial Standard. "On the first cut of offers we had eight people that were interested in buying it, and then on the final cut we had two ...

Super funds must unlock diversification opportunities: HSBC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
... diversify globally, says the latter's head of markets and securities services Nick Wheeler. In an interview with Financial Standard, Wheeler said super funds are facing an increasing need for diversification opportunities due to the concentration of ...

Divestments impact Insignia FUMA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... billion by JANA and institutional outflows of $191 million, resulting in a 7.6% of overall FUM. As reported by Financial Standard, the management team at JANA now fully owns the asset consultant, having bought out the 45% interest owned by Insignia following ...

Australians lack confidence in retirement: SSGA

ANDREW MCKEAN  |  WEDNESDAY, 25 JAN 2023
... building for our national retirement system," the report said. In the same vein, as previously reported by Financial Standard, a Fidelity International report also recently found that many Australians are ill-prepared for retirement, lacking control ...