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Showing 851 - 860 of 34112 results for "fund"

Nambawan Super taps former Prime Super boss for top job

ELIZABETH FRY  |  THURSDAY, 18 DEC 2025
... naming Australian superannuation veteran Lachlan Baird to lead the country's largest defined contribution government fund. Baird brings more than two decades of superannuation experience to Nambawan Super which with K12 billion ($4.25 billion) in ...

Netwealth to spend $101m compensating First Guardian victims

JAMIE WILLIAMSON  |  THURSDAY, 18 DEC 2025
After admitting it didn't sufficiently assess the First Guardian Master Fund before making it available to super members, Netwealth is being sued by ASIC and will repay $101 million to victims. More than 1000 investors had their money in the First ...

Cbus operations chief heads for exit

KARREN VERGARA  |  THURSDAY, 18 DEC 2025
The chief operating officer at Cbus will leave the fund this month. A spokesperson for Cbus confirmed Nancy Day has resigned as chief operating officer of the $105 billion super fund. Day joined Cbus in August 2018 as head of investment operations before ...

Receivers appointed to First Mutual Private Equity

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
The Federal Court has appointed receivers for the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton over allegations investor funds were gambled. Robert Woods and Salvatore Algeri of Deloitte SRT have been appointed ...

Perpetual extends exclusive talks for wealth management sale

MATTHEW WAI  |  THURSDAY, 18 DEC 2025
Perpetual has extended the exclusivity deed with Bain Capital Private Equity to Q1 next year. In an ASX announcement this morning, Perpetual said while discussions are progressing well, there is no certainty of reaching a binding agreement, or that ...

Super tax receipts to increase by $10.9bn

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
... over forward estimates, Treasurer Jim Chalmers revealed in the mid-year economic and fiscal outlook (MYEFO). "Superannuation fund tax receipts have been revised up by $4.3 billion in 2025-26 and by $10.1 billion over the four years to 2028-29," the MYEFO ...

Equity Trustees hit with additional licence conditions

ELIZA BAVIN  |  THURSDAY, 18 DEC 2025
... members. This comes after APRA sent a letter to all platform trustees in October in the wake of the Shield and First Guardian fund collapses, calling for greater oversight and protection of member assets. ETSL acts as trustee for 11 registrable superannuation ...

Rest exits co-investment with Motive Partners

ANGELIQUE MINAS  |  THURSDAY, 18 DEC 2025
... Intelligence, exiting its private equity co-investment with Motive Partners. Marking a significant milestone for the superannuation fund, the transaction represents its first private equity co-investment exit. Rest's interim head of private markets Marina ...

Fund managers remain bullish on AI for 2026

RIDDHIMA TALWANI  |  WEDNESDAY, 17 DEC 2025
... sector was a sentiment-driven narrative where investors worried about the lack of revenue today, which would not be able to fund demand for compute capacity being built over the next few years. "We would just point out that corrections like this, by ...

AustralianSuper execs earn top pay grade: APRA

KARREN VERGARA  |  WEDNESDAY, 17 DEC 2025
... amount that some of their peers earn. Newly released APRA data covering the 2025 financial year showed that industry super fund executives are handsomely compensated compared to counterparts at retail funds. AustralianSuper executive remuneration reached ...