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Showing 61 - 70 of 1509 results for Andrew McKean

Entireti, Otivo enter strategic alliance for digital advice

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
Entireti and licensed digital advice platform Otivo have partnered up to build a scalable, low-cost solution to "meet the needs of consumers across the advice continuum." The partnership will see Entireti and Otivo combine their IP and resources to ...

Rest lands new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
Rest has named a new chief investment officer, appointing a former super fund chief, following the departure of Andrew Lill in November last year. Michael Clancy, the former chief executive of Qantas Super, has been appointed to the role and is set ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
Future Fund has acquired a 10% stake in energy transmission operator Transgrid from $155.5 billion Canadian pension fund OMERS. OMERS will retain a 10% stake in Transgrid, which it first invested in five years ago, and manage the Future Fund's stake ...

Vanguard Super leads in organic growth: KPMG

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
Vanguard Super was the super fund with the highest organic growth rate in FY24, both in terms of assets under management (AUM) and membership, according to a KPMG report. CareSuper technically had the highest growth in AUM and membership, though this ...

UniSuper lifts fund manager investment to $100m

ANDREW MCKEAN  |  TUESDAY, 20 MAY 2025
UniSuper has increased its investment in venture fund manager Uniseed by $25 million, taking its total commitment to $100 million. The $149 billion industry fund became Uniseed's exclusive institutional investment partner in March 2022, at which time ...

PGIM Real Estate partners up on $145m deal for logistics asset

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
PGIM Real Estate has partnered with real estate development and investment firm Cadence Property Group to acquire the St Mary's Intermodal Terminal. The partnership marks the first time PGIM Real Estate, which has US$206 billion in assets, making it ...

Canadian Securities Exchange to acquire National Stock Exchange of Australia

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
NSX Limited (NSX), the operator of the National Stock Exchange of Australia, has entered into a Scheme Implementation Deed with CNSX Markets, the market operator of the Canadian Securities Exchange (CSE). Under the agreement, CNSX will acquire all remaining ...

ETF industry growth streak continues, shatters net inflow records

ANDREW MCKEAN  |  MONDAY, 19 MAY 2025
The ETF industry has stretched its growth streak to 71 months of consecutive net inflows, and amassed a record US$620.5 billion year-to-date, according to consultancy firm ETFGI. These record-breaking net inflows year-to-date steamrolled the previous ...

Relaxed superannuation preservation rules will sink returns: Frontier

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
A Frontier report, commissioned by the Super Members Council, has argued that current preservation rules provide super funds with the flexibility to invest in unlisted assets, and warned that permanently relaxing these rules will decrease long-term ...

Inside Colonial First State's fund manager selection overhaul

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
Colonial First State (CFS) managed the two best-performing MySuper options over the year to March 31. The wealth management and superannuation provider's head of equities Ben Lam explains the "art and science" behind its recently evolved manager ...