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Showing 731 - 740 of 6048 results for "WES"

Good year for active managers in fixed income

KANIKA SOOD  |  FRIDAY, 16 JUL 2021
Good year for active managers in fixed income Kanika Sood Active fixed income managers outperformed their indexed peers in COVID-19, according to Zenith's review of the universe. In the 12 months to April end, the Bloomberg Ausbond Composite Index (0+years) ...

Pendal FUM up $5bn

KANIKA SOOD  |  THURSDAY, 15 JUL 2021
ASX-listed Pendal reported a $5 billion increase in funds under management in the June quarter, after outflows of $0.7 billion. The fund manager's June end FUM stood at $106.7 billion, as higher markets and currency impact added $5 billion over ...

Packhorse acquires inaugural property

KARREN VERGARA  |  MONDAY, 12 JUL 2021
The Packhorse Pastoral Company has secured its first property located in Queensland after raising $62.5 million. The agricultural asset manager acquired Stuart's Creek, an 8360-hectare parcel of land located 45 kilometres north-west of Roma, Queensland. ...

KLP divests Israeli-linked settlement firms

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
Norway's largest pension fund KLP has offloaded 16 companies that operate in banking, construction, infrastructure and telecommunications in Israel connected to occupying Palestinian territory. The pension fund announced on June 5 that following failed ...

Crestone expands Brisbane presence

KARREN VERGARA  |  WEDNESDAY, 7 JUL 2021
Crestone Wealth Management has hired its sixth investment adviser in the past year in a bid to expand its footprint in Brisbane. John Paul Geribello is the latest to join as an investment adviser this month, taking total staff numbers in Brisbane to ...

BT Super for Life ups insurance premiums

KANIKA SOOD  |  TUESDAY, 6 JUL 2021
BT Super for Life will increase the cost of its standard life insurance cover by 13.1% from August 1. The standard cover includes death and TPD. As an example, a 34-year-old male member of BT Super for Life previously paid $11.41 each month for one ...

Westpac sells NZ life business

JAMIE WILLIAMSON  |  TUESDAY, 6 JUL 2021
Westpac announced the sale of its New Zealand life insurance arm, finding a buyer in Fidelity Life Assurance, which is backed by NZ Super Fund. The institution is selling the life insurance division for NZ$400 million ($373 million) in addition to a ...

CFS unveils new leadership team

KARREN VERGARA  |  MONDAY, 5 JUL 2021
Colonial First State unveiled a new leadership team to help transform the business, which includes the appointment of a chief executive for CFS Superannuation. General manager of product Kelly Power has been promoted to chief executive for CFS Superannuation ...

AustralianSuper consortium pays $1.67bn for logistics facility

KANIKA SOOD  |  MONDAY, 5 JUL 2021
AustralianSuper is taking a $774 million or 40% stake in Sydney's Moorebank Logistics Park, as a part of a consortium. APAC logistics specialist LOGOS partnered with AustralianSuper, Ivanhoe Cambridge, TCorp and AXA IM Alts to buy Moorebank Logistics ...

SocietyOne launches portal, hires

ELIZABETH MCARTHUR  |  MONDAY, 5 JUL 2021
Digital finance platform SocietyOne has launched a new broker portal and made several key appointments. The new broker portal features a 'quick quote' and secured loan option, which the company said should allow brokers to find a rate for their client ...