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| | | $5.9 billion industry fund Energy Super has chosen who will provide its group salary continuance insurance. Effective from 5 September, MLC Life Insurance has won the contract in what the life company has described as "a significant announcement for ... |
| | | | The Association of Superannuation Funds of Australia (ASFA) has named its new chief executive to take over from Pauline Vamos, who stepped down in July after nine years with the industry body. Dr. Martin Fahy, who is currently a partner in management ... |
| | | | Rate hike on, rate hike off. Financial markets raised their bets for a September fed funds rate lift soon after US Federal Reserve Chair Janet Yellen's two-day outing at Jackson Hole (25-26 August). Her words, "Indeed, in light of the continued solid ... |
| | | | Australia should start thinking about historically low rates as an opportunity for reinvestment, according to Vanguard principal and head of investments, Vanguard Asia Pacific Rodney Comegys. Addressing the Vanguard ETFs in Practice forum in Sydney ... |
| | | | Industry Superannuation Property Trust (ISPT) has published an environmental, social and governance document outlining its commitment to best practice in the investment and funds management sector. The document, ESG Beyond Financial Performance, highlights ... |
| | | | ASIC has published its Corporate Plan for 2016-17, which notes the industry still faces challenges in providing "good quality" financial advice. The Corporate Plan outlines ASIC's vision to "allow markets to fund the economy, and in turn, economic growth. ... |
| | | | Assets under management in the global private capital industry reached $5.7 trillion in 2015, up from $5.3 trillion in 2014 and $3.8 trillion in 2010. According to Preqin research, private equity firms hold the majority ($3.8 trillion) of this amount ... |
| | | | The Future Fund has celebrated its tenth anniversary by passing a significant funds under management milestone after achieving ahead of target performance numbers. At 30 June the flagship Future Fund reached $122.8 billion in funds under management ... |
| | | | A newly formed corporate trustee and responsible entity services provider is launching two retail managed investment schemes in partnership with Arminius Capital Management. Sydney-based Evolution Trustees is partnering with the Brisbane-based investment ... |
| | | | Australia private sector credit Total private sector credit increased by 0.4% in July - in line with market expectations - following a 0.2% gain in the previous month. Credit to housing and to business went up by 0.5% and 0.3%, respectively while personal ... |
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