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Showing 721 - 730 of 1019 results for James Fernyhough

IFM makes NY based appointment

JAMES FERNYHOUGH  |  MONDAY, 14 OCT 2013

DEXUS, Canada bid for Commonwealth Prop Fund

JAMES FERNYHOUGH  |  FRIDAY, 11 OCT 2013
DEXUS Property Group and Canada Pension Plan Investment Board (CPPIB) have joined forces in a bid to take over Commonwealth Property Office Fund (CPA). DEXUS announced today that the consortium had made an indicative, non-binding proposal to Commonwealth ...

NSW govt to reconsider Pillar privatisation

JAMES FERNYHOUGH  |  FRIDAY, 11 OCT 2013
The NSW Government is considering the sale of state-owned superannuation member administrator Pillar Administration after a period of poor financial performance. Pillar posted net losses of $2.2 million for the 2011-12 financial year and appears to ...

MetLife poised to enter DLA market

JAMES FERNYHOUGH  |  FRIDAY, 11 OCT 2013
Life insurer MetLife will launch a deferred lifetime annuity into the Australian market if the current legislative and other impediments are removed. Speaking in a panel discussion hosted by the Association of Superannuation Funds of Australia (ASFA) ...

Get longevity risk right on DLAs, warns APRA

JAMES FERNYHOUGH  |  THURSDAY, 10 OCT 2013
Insurers planning to offer deferred lifetime annuities (DLAs) will need to demonstrate that they have rigorously factored in longevity risk, according to Ian Laughlin, deputy chair of the Australian Prudential Regulation Authority (APRA). Speaking at ...

IFM announces new private equity program

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
Industry Funds Management (IFM) has brought its private equity and private assets operations together under one team to be headed up by Phillip Bower. The new integrated group, to be known as Private Capital, will incorporate the fund's Private Equity ...

Government must lift annuities impediments: ASFA

JAMES FERNYHOUGH  |  WEDNESDAY, 9 OCT 2013
The Association of Superannuation Funds of Australia (ASFA) has called on the Government to reduce impediments to the provision of adequate retirement income stream products such as annuities. ASFA acting chief executive Ross Clare said now was an "opportune ...

NZ Super CEO appointed deputy chair of IFSWF

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
Chief executive of the Guardians of New Zealand Superannuation, Adrian Orr, has been elected deputy chair of the International Forum of Sovereign Wealth Funds (IFSWF). As deputy, Orr will play second fiddle to chair Bader M. Al Sa'ad of the Kuwait Investment ...

LGS enhances ESG credentials with Green Bond purchase

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
Local Government Super (LGS) has said it has become the first Australian superannuation fund to invest in the European Bank for Reconstruction and Development's (EBRD) $250 million Green Bond. Funds raised through the Green Bond - which was issued on ...

Australia's second SBB hits $10m target

JAMES FERNYHOUGH  |  TUESDAY, 8 OCT 2013
Australia's second social benefit bond (SBB), issued by the Benevolent Society in partnership with the Commonwealth Bank of Australia and Westpac, has closed after raising its target $10 million. The Benevolent Society SBB, which will help fund the ...