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Showing 761 - 770 of 7033 results for "December"

OTPP, PGGM chief investment officers resign

JAMIE WILLIAMSON  |  WEDNESDAY, 20 SEP 2023
... Dutch pension fund manager PGGM. Overnight, OTPP chief investment officer Ziad Hindo announced he will leave the fund at December end, capping 23 years with the organisation. Since 2000, Hindo held several senior roles with OTPP before being appointed ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... in funds under management in the foreseeable future." The proceeds from all three are to be paid in the first half of December.

Most Australian actively managed funds lag the index

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... demonstrated that nearly half of actively managed funds ranking in the bottom performance quartile over the five years ending December 2017 liquidated within the subsequent five years. As previously reported by Financial Standard, that report also revealed ...

Koda Capital restructures Investment Strategy Group team

JAMIE WILLIAMSON  |  TUESDAY, 12 SEP 2023
... he was on the other side, working as a consultant at EY and then Frontier. He will be based in Melbourne and joins in December. Meantime, Hagai Netser will join next month as head of investment research - private markets and opportunistic portfolios. ...

Centuria wins $500m mandate

CHLOE WALKER  |  MONDAY, 11 SEP 2023
... by Centuria in the last 12 months, including its partnership with MA Financial in late September and Morgan Stanley in December. The joint venture with MA Financial secured one of Perth's best known office towers, Allendale Square. Meanwhile the ...

AustralianSuper sued over multiple accounts

JAMIE WILLIAMSON  |  FRIDAY, 8 SEP 2023
... with APRA, overseeing the conduct of super trustees' duties. AustralianSuper self-reported the bungle to ASIC in December 2022 and was subsequently included in ASIC's review of how trustees are monitoring and merging multiple accounts. That review ...

APRA finds signs of step change in remuneration practices

ANDREW MCKEAN  |  THURSDAY, 7 SEP 2023
... remuneration consequences result from poor risk management outcomes. APRA conducted a two-phased review from September 2021 to December 2022 to assess how financial services entities are preparing for the implementation of CPS 511. Though the review ...

Integrity Life to cease writing new retail policies

JAMIE WILLIAMSON  |  TUESDAY, 5 SEP 2023
... cited the NMG Risk Distribution Monitor which shows the contestable new business pool has shrunk from $532 million in December 2018 to $267 million in March 2023. Despite the challenges, Integrity Life said its in-force premiums have skyrocketed from ...

Hostplus finalises merger with Maritime Super

ANDREW MCKEAN  |  MONDAY, 4 SEP 2023
... finalised their merger, following a due diligence process that began with the signing of a successor funds transfer deed last December. The merger aims to scale up the capabilities of both superannuation funds, offering greater efficiencies and enhanced ...

Citi terminates staff super fund

JAMIE WILLIAMSON  |  TUESDAY, 29 AUG 2023
... benefit, based on having been a member to September 30. According to its unaudited financial accounts for the year to December 2022, the fund - which is also open to employees' spouses - had total member liabilities of $65.8 million. Of those, just ...