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Mine Super and TWUSUPER merger official

KARREN VERGARA  |  FRIDAY, 21 MAR 2025
... chief retirement officer from Aware Super. Mario Garrido took on the role of chief growth officer and Keith Wells-Jansz is now chief financial officer. Nair said in preparation for the merger, the fund "revitalised its executive team with a series of ...

State Super: In decline but doing fine

ANDREW MCKEAN  |  FRIDAY, 21 MAR 2025
... reason we're sharing this is, if you look at the market, there's a whole lot of funds that are in negative cash flows right now. In fact, other than the very large funds, the system is mature enough and the Superannuation Guarantee contributions aren't ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... increase in wholesale fund offerings which we think has been driven in part by a rapid increase in the number of Australians who now qualify as a sophisticated wholesale investor/high-net-worth individual," Christopher said. "As our financial regulators ...

WTW welcomes investment chief

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
WTW has promoted its deputy chief investment officer to the top investment job, succeeding Craig Baker who is now tasked with pursuing fresh opportunities. Baker, a 30-year veteran of the company, has been appointed chief investment strategist. Baker ...

Jones calls out super sector, hints at more reform

ELIZA BAVIN  |  THURSDAY, 20 MAR 2025
... to come a long way in a short period of time to improve the way they deal with their members because if there is an issue now, it's only going to get bigger over the decade ahead as more Australians rely on their superannuation as an increasing part ...

CFS Edge, North enhance platform capabilities

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
... with over $16 billion invested across the Edge and FirstChoice platforms, CFS said. Meanwhile, the Accelerate Series menu now includes new portfolios from CFS Investments and Innova Asset Management, alongside portfolios from BondAdviser and Ausbil. ...

CEFC funds sustainable real estate credit projects

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025
... approach to sustainable debt finance in the Australian market." Given Australia's commercial real estate debt market is now around the $450 billion mark, it has a vital role to play in the climate transition, using its size and liquidity to influence ...

Rest kickstarts in-house global equities trading

JAMIE WILLIAMSON  |  WEDNESDAY, 19 MAR 2025
After about 18 months in the works, Rest's internal global equities team is now running its first mandate. The team has been handed $300 million to invest on behalf of the fund's members, with plans to progressively increase the mandate over ...

ASIC freezes assets Shield, First Guardian marketer

KARREN VERGARA  |  WEDNESDAY, 19 MAR 2025
... Bespoke Marketing and operated several cafes called Tickled Pink in Victoria and one in Bali. He was also the director of now-defunct entities of Lion & Horn, Nohap, and Indigo Group. An SMH investigation alleges that Alshakshir earned $35 million over ...

Active Super fined $10.5m for greenwashing

KARREN VERGARA  |  TUESDAY, 18 MAR 2025
... million respectively relate to PDS fact sheets published in 2021 and 2022. Active Super and Vision Super merged on March 1, now home to 165,000 members. ASIC deputy chair Sarah Court said: "This is a significant penalty that sends a strong message to ...