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Showing 901 - 910 of 9055 results for "BES"

Qantas Super, Australian Retirement Trust to merge

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
Qantas Super is poised to merge with $300 billion industry fund Australian Retirement Trust (ART). Subject to final assessments of members' best financial interests and equivalency rights, the merger would see Qantas Super's $9 billion in funds ...

Data concerns land Fiducian with additional licence conditions

JAMIE WILLIAMSON  |  TUESDAY, 16 JUL 2024
Fiducian Portfolio Services has been slapped with additional licence conditions by APRA, as the regulator looks to address concerns ahead of the annual performance test. APRA said it identified issues with the accuracy and completeness of data submitted ...

Aware Super closes fixed interest fund

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
Aware Super announced it closed its fixed interest fund on June 11 citing a lack of demand for the product. The super fund said it regularly reviews its products and given demand for the Fixed Interest Fund, recent performance, and future performance ...

MLC awards $285m mandate to Janus Henderson

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
MLC Asset Management has awarded Janus Henderson a $285 million emerging markets equities mandate. Janus Henderson said the mandate showcased the growing need for Australian institutional investors to have exposure beyond major market indices. The mandate ...

Government lifts funding to preserve banking in the Pacific

ANDREW MCKEAN  |  WEDNESDAY, 10 JUL 2024
The government will inject an additional $6.3 million to curb the rapid withdrawal of banking services in the Pacific. The funding includes $2.9 million to the World Bank for developing digital identity infrastructure across Pacific Island countries ...

Fiji National Provident Fund hunts active fund managers

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
The Fiji National Provident Fund (FNPF) is seeking active fund managers to oversee two strategies. The country's superannuation fund is on the hunt for fund managers to invest on behalf of its Global Listed Developed Market Equity Strategy 1 and Global ...

Invartis enters Australian market

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
Strategic consulting firm Invartis is expanding into Australia with plans to provide services to support superannuation funds and wealth managers. The new office will be set up in Melbourne and Nigel Jansz has been named as country head - Invartis Australia ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
Spaceship's superannuation offerings have delivered some of the best results seen so far, with its flagship product returning almost 20% while the other achieved close to 17%. The GrowthX investment option, first launched in January 2017, returned 19.41% ...

Global outfit acquires Vasco Trustees

JAMIE WILLIAMSON  |  MONDAY, 8 JUL 2024
Vasco Trustees is to be bought by diversified financial services group TMF Group. Melbourne-based Vasco Trustees has been acquired by the group, which boasts more than 125 offices across 87 jurisdictions, offering employee, financial and legal administration ...

HMC Capital announces new $50m investment

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
HMC Capital has announced a strategic investment in Stor-Energy, a specialist developer, owner, and operator of utility-scale battery energy storage systems (BESS). This represents the first investment by HMC's Energy Transition platform which is seeking ...