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Showing 851 - 860 of 10100 results for "Trust"

Ausfood Super appoints chief executive

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... industry, has named Michael Sykes as its new chief executive. Formerly known as the Australian Meat Industry Superannuation Trust or AMIST Super, the fund has $3 billion in assets under management. Sykes will take over from Murray Rutherford, who plans ...

Team Super names retirement chief

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025
... officer role would have the same prominence as say a chief investment officer. Australian Super and Australian Retirement Trust hired retirement chiefs as they sought to build their retirement offerings for members. Subsequently, the roles were absorbed ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... Private Equity Co-investment Fund, with investment from high-net-worths and small institutions, it said. Elsewhere, the master trust business saw an increase in its funds under administration (FUA) of $1.5 billion, offset by net outflows of $665 million ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment ...

Australian Unity hires from Centuria

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025
Australian Unity has appointed Vijitha Yogavaran to the newly created role of fund manager for its Healthcare Property Trust (AUHPT), effective 20 January 2025. Yogavaran will assume responsibility for the oversight, management and external representation ...

ETFs, global equities dominate retail portfolios: Data

MATTHEW WAI  |  TUESDAY, 21 JAN 2025
... adaptability of Australia's retail investing landscape. "The results show that greater fee transparency is crucial for building trust. "With fees being a key factor for investors choosing international equity brokers, platforms with clear and transparent ...

Super admin providers face reckoning in 2025: Finura

KARREN VERGARA  |  MONDAY, 20 JAN 2025
More companies will divest their superannuation administration offerings in 2025, according to Finura, as super funds potentially move this service in-house amid tighter scrutiny from the regulators. ASIC suing Cbus for poor member claims experience ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
... personal advice, is "less likely to be conflicted than the advice offered by super funds" that retirees will more likely trust. The think tank predicts this will cost the government about $360 million over its first four years and should be funded by ...

MA Financial readies first LIT for launch

MATTHEW WAI  |  MONDAY, 20 JAN 2025
MA Financial will soon launch its first listed investment trust (LIT), the MA Credit Income Trust (ASX:MA1). MA Financial has so far secured $171 million in commitments for MA1, which is expected to launch on the ASX on March 5. The fund is set to offer ...

Global ETF inflows hit US$2tn: ETFGI

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... hit a record high of US$1.9 trillion during 2024, new insights from research firm ETFGI shows. SSGA's SPDR S&P 500 ETF Trust (SPY) raked in the highest net inflows of US$626 billion during the year, followed by Vanguard's S&P 500 ETF (VOO) with ...