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Showing 781 - 790 of 5153 results for "Rest"

Bravura $80m restructure underway

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
Bravura Solutions has raised $80 million that will fund a business restructure under its newly minted chief executive. Bravura announced this morning that it raised $66 million, split between a $43 million institutional entitlement offer and $23 million ...

UBS names industry veteran as Australasia chair

CASSANDRA BALDINI  |  MONDAY, 6 MAR 2023
The investment bank has appointed Lindsay Maxsted as its non-executive chair of Australasia. Maxsted steps into the position effective immediately and is based in Melbourne. He brings a wealth of corporate and board experience to UBS, formerly serving ...

Blue Orbit operations chief resigns

ELIZABETH FRY  |  FRIDAY, 3 MAR 2023
Blue Orbit Asset Management has lost its operating chief with the departure of Lewis Bearman who will now take a break from executive roles. Bearman joined Blue Orbit almost three years ago jumping from Prodigy Investment Partners, where he carried ...

Bridgewater to restructure, pushes for global expansion

ANDREW MCKEAN  |  THURSDAY, 2 MAR 2023
Bridgewater Associates has announced a restructuring plan that includes cutting 100 jobs as it seeks to expand globally and invest more in artificial intelligence (AI) technology. The job cuts will affect approximately 7.7% of Bridgewater's workforce ...

SMSF sector hit the reset button: Research

CHLOE WALKER  |  TUESDAY, 28 FEB 2023
... management (FUM) by 5.8% per annum over the last five years. However, this was slower than the 6.6% p.a. pace at which the rest of the superannuation sector grew. "The number of SMSFs established fell one-third in 2018 and 2019, from about 30,000 per ...

Stafford Capital Partners launches sustainable timber impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023
Stafford Capital Partners has reached initial close of a carbon offset and sustainable timberland impact strategy that will see investment in Australian and New Zealand assets form part of the portfolio. The Stafford Carbon Offset Opportunity Fund has ...

Tattarang buys Australia's first Waldorf Astoria

CHLOE WALKER  |  THURSDAY, 23 FEB 2023
Fiveight, the property arm of the Forrests' investment vehicle Tattarang, has acquired the planned high-end Waldorf Astoria hotel at Sydney's Circular Quay precinct. Purchased from Lendlease and its joint venture partner Mitsubishi Estate Asia, the ...

Dataset to ease policy planning for ageing population

JAMIE WILLIAMSON  |  THURSDAY, 23 FEB 2023
... market. In 2022, Australian workers with a postgraduate degree typically retired at over 67 years old, much later than the rest of the labour force. Meanwhile, those with a bachelor degree - typically face-to-face professions like teaching - are expected ...

Link Group secures mandate renewal

JAMIE WILLIAMSON  |  WEDNESDAY, 22 FEB 2023
Marking more than three decades in partnership, Rest has flagged it will likely extend its mandate with Link Group, under a new agreement that includes the creation of a joint digital innovation team. Link has been providing administration and other ...

Industry fund joins the million-member club

ANDREW MCKEAN  |  THURSDAY, 16 FEB 2023
... three-year strategic plan. AustralianSuper was the first fund to have one million members, reaching milestone in 2012. Since then, Rest, Hostplus, and Aware Super have crossed this membership threshold. HESTA chief executive Debby Blakey said: "Our continued ...