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| | | ... YourChoice Super were essentially forced to remain members of the funds throughout the liquidation of the First Guardian Master Fund. During this time, they were required to maintain a minimum balance of $2500 and were charged some fees. From tomorrow ... |
| | | | ... long and winding - one with a lot of uncertainty on the way. It typically takes around a year to 18 months for a successor fund transfer (SFT) to happen. During this time there is a huge focus on integration to ensure a seamless transfer without breaking ... |
| | | | ... Super, have allocated 11% or more of their respective portfolios - equating to a staggering US$229 billion for the Norwegian fund - to shares in Mag7 stocks," it said. |
| | | | ... be a key enforcement priority for ASIC." Notably, BDO is also the auditor of the collapsed investment scheme Shield Master Fund, which confirmed that Keystone Asset Management, the responsible entity of Shield, had complied with the compliance plan for ... |
| | | | A year on from the announcement, MetLife Investment Management (MIM) has successfully acquired PineBridge Investments from the Pacific Century Group. The combined business, which manages total assets of US$735 billion, will be led by MIM president Brian ... |
| | | | ... more than 33 million customers every year and generating a total business partner sales in excess of $1.1 billion. The super fund with more than $350 billion in members' retirement funds said Westfield Sydney has consistently demonstrated strong performance ... |
| | | | ... departures, chief investment officer switch ups and, in one case, an entire operational due diligence team defecting to another fund, it was an active year for executive appointments. Australian Retirement Trust chief executive steps down In September ... |
| | | | Fixed income allocations are becoming an increasingly viable and attractive option for investors in 2026, head of investment specialists at Insight Investment April LaRusse told Financial Standard. Providing guidance for the new year, LaRusse offered ... |
| | | | ... comes in the wake of ASIC launching legal action against Diversa for its role in the collapse of the First Guardian Master Fund, in which $300 million of member money was invested. ASIC alleges Diversa failed to conduct adequate due diligence before ... |
| | | | Generation Development Group (GDG) has appointed a new chief financial officer as the incumbent steps down after more than seven years. Terence Wong has resigned from his role as finance chief and will stay with the company until June 2026. Wong joined ... |
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