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Showing 891 - 900 of 4834 results for "EAC"

Future Generation welcomes Mike Baird as new chair

CASSANDRA BALDINI  |  THURSDAY, 26 MAY 2022
Future Generation today announced Mike Baird will join the company's board of directors as its new chair. The former NSW Premier will take over on July 31 from current chair Jonathan Trollip who has filled the role since the 2014 inception. Trollip ...

Index investing of greater benefit: Vanguard

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
In a new paper, Vanguard argues that most investors' best chance of maximising net returns lies with index investing and that it is rare for active managers to see persistent outperformance. In a recent research paper, Vanguard outlined the benefits ...

Pallas Capital introduces feeder fund

CHLOE WALKER  |  THURSDAY, 26 MAY 2022
The open-ended fund will allow wholesale investors to invest into the Pallas Funding Trust (PFT), a fast growing and diversified fund established in collaboration with Credit Suisse AG. ​PFT, a lending vehicle that was established by Pallas Capital ...

Cbus to sell corporate art collection

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
Cbus is auctioning its art collection, estimated to be worth about $9 million. The Cbus Collection of Important Australian Art features more than 280 works dating from the colonial era through to contemporary pieces. Artists in the collection include ...

Rate rise exposes adviser knowledge gap

CHLOE WALKER  |  WEDNESDAY, 25 MAY 2022
As interest rates rise and inflation grows, some are lamenting a possible knowledge and experience gap in the industry, with a considerable number of financial advisers having only ever known a low inflation environment. At its May meeting, the Reserve ...

Charges laid in lengthy ASIC investigation

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
A former financial adviser who was permanently banned in 2016 for using close to $2 million in client funds for his own use has now been charged with 17 offences related to the alleged fraudulent transfer of shares to himself. Ashley Howard of Hobart ...

Brookfield pursues asset management spin-off

JAMIE WILLIAMSON  |  FRIDAY, 13 MAY 2022
Following shareholder feedback, Brookfield has confirmed it will spin off its asset management business later this year. In a company update, Brookfield said it would own 75% of the new entity while 25% would be distributed to shareholders before the ...

AIST proposes crisis preparedness standards to APRA

ANDREW MCKEAN  |  WEDNESDAY, 11 MAY 2022
The Australian Institute of Superannuation Trustees has acknowledged the difficulty of implementing industry-wide rulesets and has released its future crisis contingency planning recommendations to APRA. In its submission, the AIST said the balance ...

Morrison & Co appoints inaugural partners

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Morrison & Co has adopted a partnership model in what the 33-year-old firm says is an important milestone in becoming a truly global infrastructure investor. Fourteen people have been named partner across six countries. In Australia, they include co-head ...

Cbus announces changes to admin fees, premiums

JAMIE WILLIAMSON  |  WEDNESDAY, 11 MAY 2022
Following on from the completion of its merger with Media Super, Cbus will shave its administration fees by 25%. However, at the same time, some members will begin paying more for death and TPD. The reduction in the dollar-based administration fee will ...