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| | | ... Super chief executive Jason Murray said this is an exciting opportunity for both funds. He also told key stakeholders to rest assured that the fund will keep them and its members informed of any material decisions following the due diligence process. ... |
| | | | ... servicing. State Street has served as the fund's custodian since 2011. In February last year, the relationship was expanded when Rest engaged State Street company Charles River Development Investment Management Solution (IMS), to consolidate its front ... |
| | | | The Australian Financial Complaints Authority has received more than 1600 complaints from former clients of Dixon Advisory and Superannuation Services, warning complainants to expect delays in dealing with their case. On August 3, ASIC publicly urged ... |
| | | | In anticipation of a recession, Equipsuper chief investment officer Andrew Howard says the revamp is the culmination of a six-month drive to get the right people in place. Providing an update to Industry Moves, Howard says he's confident the fund ... |
| | | | Industry superannuation fund Rest has restructured its listed assets team as it adopts a more holistic approach to investing its $66 billion in funds. As Rest continues to enhance its whole-of-fund investment style, it has realigned the team's roles ... |
| | | | Cbus has updated its climate change roadmap to meet its 2030 target of reducing emissions by 45%, including a change in reporting for portfolio emissions that sees the fund's reported emissions reductions restated to reflect real-world outcomes. The ... |
| | | | The US Federal Reserve has raised its policy interest rate by 75 basis points, flagging ongoing increases will be necessary to bring inflation down to target. Following the central bank's decision, the federal funds rate benchmark sits between 3.75% ... |
| | | | ... consultation. Now, a separate paper devoted to the topic of conflicted remunerations has been made available. The paper has put to rest uncertainty around the fate of commissions, with the QAR saying commissions in relation to financial product advice ... |
| | | | ... median, all the top performing property options reported positive returns. Hostplus topped the pack with 15.9%, followed by Rest with 14.9%, Acumen on 14.3%, Telstra Super with 12.9%, and CareSuper with a 12.3% return. Over the same 12-month period ... |
| | | | ... is highly likely," Saxena said. Assuming the US recession does materialise, Saxena claimed lower growth would plague the rest of the world, especially countries that export to the US. Also, the outflow of capital from lower interest rate countries could ... |
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