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Showing 811 - 820 of 4876 results for "FAR"

DomaCom hits $100m in FUM

CHLOE WALKER  |  FRIDAY, 14 JAN 2022
DomaCom has reported growth in recent months, with its funds under management having now exceeded the $100 million mark. The bulk of these funds has been in property acquisitions for small investors and self-managed superannuation funds. Traditionally ...

Christian Super investment chief in new role

JAMIE WILLIAMSON  |  THURSDAY, 13 JAN 2022
The chief investment officer at Christian Super has been appointed to the same role with a recently merged fund. Following a national recruitment process, Mark Rider has been appointed chief investment officer at LGIAsuper and Energy Super. The appointment ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... three years of engagement by UBS AM with 49 oil and gas companies lagging on climate change performance; only 60% have so far made good progress. As of the end of June 2021, the companies represented 0.25% of Nest's total portfolio or $52 million. UBS ...

EISS Super finds merger partner in Cbus

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... fund following its failure of the performance test, the plans were dropped. EISS Super chair Peter Tighe said discussions so far and the presentation delivered by Cbus as part of the tender process suggest members best interests would be met by merging. ...

Plato readies new ESG strategies

JAMIE WILLIAMSON  |  FRIDAY, 17 DEC 2021
... the use of carbon credits, prospective investors have heard. While Plato's distribution focus for the new funds has so far been on the institutional space, it is understood to also be targeting the retail space; mums and dads are a large proportion ...

APRA, ASIC provide annual update

CHLOE WALKER  |  THURSDAY, 16 DEC 2021
... as well as delivering a number of significant law reforms. The Australian government's new Financial Accountability Regime (FAR) has been a particular focus in this regard. The FAR is aimed at improving the governance and risk management of entities ...

Cbus strengthens in-house investment team

CHLOE WALKER  |  WEDNESDAY, 15 DEC 2021
... while maintaining strong performance." Fok said the benefits of establishing a broad internal investment capability spread far beyond the cost savings for members. "We see a whole range of benefits including greater insights for our asset allocation ...

Melinda Howes bids farewell to BT

JAMIE WILLIAMSON  |  TUESDAY, 14 DEC 2021
Melinda Howes has finished up as managing director of superannuation at BT, having spent the better part of two decades with the company. Howes departed BT last week for personal reasons, the company confirmed. It is understood Howes has been on carer's ...

CBA, Northern Trust announce Green Repurchase Agreement

CHLOE WALKER  |  MONDAY, 13 DEC 2021
Commonwealth Bank of Australia (CBA) and Northern Trust have completed a $50 million transaction utilising a new Green Repurchase Agreement (Green Repo) as certified by the Climate Bond Initiative (CBI). A first for the Australian market, this certified ...

Economic recap: Week to December 10

BENJAMIN ONG  |  MONDAY, 13 DEC 2021
... lockdowns. The Omicron strain's now prompted several countries to again put up international border restrictions. But so far, so good. Recent reports are that it's less virulent, less deadly and current vaccines offer some kind of protection. ...