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AMP Capital makes two senior hires

KARREN VERGARA  |  FRIDAY, 24 SEP 2021
... across technology investments and corporate development. She led transactions in energy infrastructure, retail/mass market, home connection services and upstream oil and gas, and venture capital investments in smart home and distributed energy resources ...

NZ Super Fund adds to board

KARREN VERGARA  |  WEDNESDAY, 22 SEP 2021
... sharing in the challenge of delivering greater financial certainty for future generations of New Zealanders." Since returning home, McClatchy joined the Investment Advisory Committee of the Acorn Foundation and the board of Waipuna Hospice. He also sits ...

What will it take to get super on parental leave?

ELIZABETH MCARTHUR  |  MONDAY, 20 SEP 2021
Employers and the government are failing parents, costing mothers $1.6 billion in superannuation, according to new research from Industry Super Australia. Many employers, even large companies, still fail to pay parents parental leave - forcing them ...

AustralianSuper ups stake in WestConnex

KARREN VERGARA  |  MONDAY, 20 SEP 2021
The $233 billion superannuation fund's stake in WestConnex rose to 20.5% after the consortium it's a part of took full ownership of the motorway. The Sydney Transport Partners (STP) consortium purchased the remaining 49% interest or $11.1 billion ...

Maple-Brown Abbott launches new fund

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... Pacific equities Geoff Bazzan said the firm has been considering an Asia dividend fund for some time. "The Asia region is home to more companies with a net cash balance sheet than anywhere else in the world, and there are many companies across the region ...

ME Bank faces criminal charges

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... appeared in Federal Court, facing criminal charges for allegedly making false and misleading representations in letters to its home loan customers. It is also alleged that the bank failed to provide written notice about annual interest rate and repayment ...

ATO will not pursue erroneous JobKeeper payments

KARREN VERGARA  |  MONDAY, 13 SEP 2021
... been slammed by the media for largely profiting during the pandemic yet refuse to repay the government. Federal Minister for Home Affairs Karen Andrews said in a Gold Coast-based radio interview that the legislation doesn't require the repayment ...

Office workers burnt out: Research

ELIZABETH MCARTHUR  |  FRIDAY, 10 SEP 2021
... This is followed by China (41%), Canada (40%), Spain (39%), the US (38%) and UK (37%). The relationship between working from home and burnout appears to be complicated. According to the research, 70% of Australian workers said they were happier in their ...

Apollo expands in Australia, acquires fund manager stake

KARREN VERGARA  |  THURSDAY, 9 SEP 2021
... grow in the region," he said. Apollo has about $472 billion assets under management. It recently partnered with Foundation Home Loans, a specialist UK mortgage lender, and Victory Park Capital in the US to invest in asset-backed credit facilities for ...

Aussie neobank partners with crypto exchange

ELIZABETH MCARTHUR  |  MONDAY, 6 SEP 2021
Neobank Volt has partnered with digital currency exchange BTC Markets. The partnership will provide integrated banking capabilities to BTC Markets customers, initially via access to a corporate cash management account with real-time notifications and ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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