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Showing 841 - 850 of 5383 results for "War"

Members stick with dud super funds

ANDREW MCKEAN  |  FRIDAY, 21 OCT 2022
Members of funds that failed the inaugural Your Future, Your Super (YFYS) performance test aren't leaving, with new modelling showing just 10% have found a new fund. According to Industry Super Australia (ISA) analysis, only 10% of members switched ...

BlackRock to develop super battery

CHLOE WALKER  |  THURSDAY, 20 OCT 2022
BlackRock's Akaysha Energy has been selected by the NSW government to build one of the largest committed utility scale batteries in the world. The Waratah Super Battery is understood to be the largest committed battery project in the southern hemisphere ...

Link seeks to offload Fund Solutions

ANDREW MCKEAN  |  THURSDAY, 20 OCT 2022
Link Group is exploring divestment options for the troubled Link Fund Solutions business, which includes Link Fund Solutions Limited, and has appointed Macquarie Capital and UBS Securities as advisers. As previously reported by Financial Standard, in ...

Partners Group expands Australian team

CASSANDRA BALDINI  |  WEDNESDAY, 19 OCT 2022
Partners Group made two new appointments amid changes to global executive board member and director Martin Scott's role. Andrew Kateiva has been hired as head of institutional and managing director client solutions, Australia. He will commence in ...

CPI rises despite Fed rate hikes

ANDREW MCKEAN  |  FRIDAY, 14 OCT 2022
... related to the pandemic, higher food and energy prices, and broader price pressures." "Participants recognised that Russia's war against Ukraine was causing tremendous human and economic hardship. Participants judged that the war and related events ...

US state public pensions fragile: Report

ANDREW MCKEAN  |  TUESDAY, 11 OCT 2022
... estimated US$5.7 billion. Efforts to divest from Russian assets were formally adopted in 23 states but the primary effect of the war has been to put downward pressure on financial markets generally.

First Super: Merger pressure fizzles out

ELIZABETH FRY  |  FRIDAY, 7 OCT 2022
The blind rush to consolidate that gripped the $3.4 trillion superannuation sector in recent times may be finally over, according to First Super chief executive Bill Watson. Instead of seeing big funds gobbling up smaller rivals, Watson expects more ...

Prime Financial acquires SMSF administrator

CHLOE WALKER  |  TUESDAY, 4 OCT 2022
In a critical step in its ambition of becoming Australia's premier B2B SMSF administrator, Prime Financial Group has acquired Gold Coast-based SMSF Administrator Intello. The acquisition will see Prime Financial Group's SMSF division represent approximately ...

ASIC issues stop order on third property fund

CASSANDRA BALDINI  |  FRIDAY, 30 SEP 2022
ASIC has made its third interim stop order this month on another property fund after it failed to meet target market determination (TMD) requirements. Australasian Property Investments Limited (APIL) is the most recent fund manager to be detected by ...

Dexus Funds Management chair resigns

ANDREW MCKEAN  |  THURSDAY, 29 SEP 2022
Dexus Funds Management chair and director Richard Sheppard will retire from the board effective October 27, following the Dexus annual general meeting. Upon Sheppard's retirement, Warwick Negus will become chair of the board. Sheppard said: "Since my ...