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Showing 61 - 70 of 163 results for "Funds SA"

Northern Trust hires from State Street

KANIKA SOOD  |  TUESDAY, 3 SEP 2019
... Government Employees Superannuation Board (GESB), New Zealand Superannuation Fund. Its custody business recently added Funds SA, which swapped out J.P. Morgan after 19 years, and Maple-Brown Abbott. In April, Northern Trust pitched its outsourced trading ...

Industry funds name new chief

KARREN VERGARA  |  MONDAY, 12 AUG 2019
Equipsuper and Catholic Super have appointed a new chief executive, after recently announcing they were joining forces to create a $26 billion joint venture. Scott Cameron, a senior executive with Computershare, has been appointed to lead Equipsuper ...

Super fund turns to food sustainability

KRISTI CHENG  |  MONDAY, 5 AUG 2019
The sustainability of food supply chains has become increasingly important in determining where a $75 billion superannuation fund directs its investments. First State Super chief investment officer Damian Graham has highlighted the importance of addressing ...

First State Super, VicSuper merger talks progress

JAMIE WILLIAMSON  |  TUESDAY, 23 JUL 2019
First State Super and VicSuper have now signed a Binding Heads of Agreement to merge, with leadership roles and a 2020 deadline confirmed. In an update, the funds said a successful merger would see the creation of a $120 billion fund serving more than ...

Irish pension funds reduce equity exposure

ELIZABETH MCARTHUR  |  TUESDAY, 16 JUL 2019
According to Mercer, Irish pension schemes are reducing their exposure to equities and diversifying into property, infrastructure and hedge funds instead. Mercer's 2019 European Asset Allocation survey also shows average equity allocations for Irish ...

J.P. Morgan loses custody contract

KANIKA SOOD  |  FRIDAY, 12 JUL 2019
... A $34 billion public sector fund has appointed a new custodian, ending a 19 year-long relationship with J.P. Morgan. Funds SA has selected Northern Trust as its custodian, after a long tender process. In September last year, Funds SA said it had invited ...

Hostplus enters merger talks

KANIKA SOOD  |  TUESDAY, 2 JUL 2019
The $43 billion Hostplus is probing the possibility of a merger with another industry fund. Hostplus and the $566 million Club Super have entered into a Memorandum of Understanding to formally pursue discussions and undertake a comprehensive due diligence ...

Reforms see super fees in flux

HARRISON WORLEY  |  MONDAY, 1 JUL 2019
The PYS package, effective today, has forced the sector to consider changes to fee structures and group insurance premiums. With the package set to cap the amount of fees that can be charged to low-balance members and divert low-balance accounts deemed ...

HESTA joins ESG social media fight

ELIZABETH MCARTHUR  |  WEDNESDAY, 24 APR 2019
The $50 billion industry superannuation fund has joined a high profile group of international investors applying pressure to social media giants following the Christchurch terror attacks. HESTA announced it joined the campaign to force social media ...

Up close and personal: Women in financial services

JAMIE WILLIAMSON  |  FRIDAY, 8 MAR 2019
... Debby Blakey (chief executive, HESTA), Dascia Bennett (chief executive, Super SA), and Jo Townsend (chief executive, Funds SA) have served in a senior capacity at Sydney-based NGS at some point in their careers. The latest to join the fold is Laura Wright. ...