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Showing 61 - 70 of 130 results for "Listed Assets"

Super fund ups stake in renewable company

KARREN VERGARA  |  FRIDAY, 26 MAR 2021
A $55 billion super fund has upped its stake into renewable energy company Powering Australian Renewables (PowAR) for an undisclosed figure. Hostplus has increased its investments in PowAR, which operates wind and solar generation. The super fund said ...

Hostplus enhances ESG option

KARREN VERGARA  |  TUESDAY, 16 FEB 2021
Hostplus is changing its sustainable investment option on the back of growing demand from members who want a more sustainable and principled approach to their investments. The Socially Responsible Investment Balanced option (SRI) now excludes a broader ...

Super industry to branch out: Rice Warner

ELIZA BAVIN  |  WEDNESDAY, 23 DEC 2020
... be high levels of unlisted assets (direct company ownership, property and infrastructure) and proportionally less listed assets - due to the size of the Australian savings pool relative to the market capitalisation of the tradeable markets." One clear ...

New super benchmarking flawed: Rice Warner

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
... proposed changes is to monitor the investment performance of superannuation funds relative to benchmarks based on listed assets and to penalise products (and trustees) which under-perform," the company said. "While the aim of raising overall performance ...

Hostplus invests in vegan meat, sustainability

ANNABELLE DICKSON  |  THURSDAY, 22 OCT 2020
... into the future, we believe these assets can deliver investment growth as well as providing an important balance to listed assets, which can often be more volatile," it said. The fund has invested in Jack Cowin-backed v2food, the company behind Hungry ...

Future Fund slashes fees

KARREN VERGARA  |  TUESDAY, 20 OCT 2020
... "manager skill is less evident". During the period, the fund increased the number of fund managers to oversee the listed assets. It appointed UBS to help manage Australian equities alongside Macquarie Investment Management. UBS also won new mandates ...

APRA spells out unlisted asset valuation standards

ANNABELLE DICKSON  |  THURSDAY, 6 AUG 2020
APRA has been forced to clarify the standards it holds for superannuation trustees when valuing unlisted assets. It comes as the market downturn as a result of the pandemic and the Early Release of Superannuation Scheme (ERS) has led to industry concerns ...

Perpetual takes stake in US asset manager

JAMIE WILLIAMSON, KANIKA SOOD  |  MONDAY, 27 JUL 2020
Perpetual has acquired a 75% interest in a US-based asset manager. Perpetual has entered an agreement with BrightSphere Investment Group to acquire its stake in $64 billion Barrow, Hanley, Mewhinney & Strauss (Barrow Hanley); a global manager based ...

Industry super pours $19.5bn into Australian recovery

ALLY SELBY  |  TUESDAY, 30 JUN 2020
Industry super funds will invest $19.5 billion over the coming three years in construction and infrastructure projects; in a move that Industry Super Australia (ISA) chair Greg Combet says will help rebuild the Australian economy. The multi-billion ...

Super escapes COVID-19 hit

HARRISON WORLEY  |  WEDNESDAY, 27 MAY 2020
Latest data from APRA shows that the superannuation sector has withstood the worst of the COVID-19 financial crisis, falling just 0.3% in a year while bolstering cash reserves. The prudential regulator's latest quarterly superannuation statistics ...