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Showing 81 - 90 of 200 results for "Startup"

Vanguard appoints super administrator

KANIKA SOOD  |  MONDAY, 12 APR 2021
... this year. In the lead up to it, Vanguard wound back its institutional client book in Australia. Grow Super began as a startup superannuation fund in 2016 and developing an administration platform for other superannuation funds. At end of 2019, its then ...

Former UBS GAM executive joins CBA incubator

KARREN VERGARA  |  THURSDAY, 28 JAN 2021
Commonwealth Bank has hired a former UBS Global Asset Management and Financial Services Council executive to chair its fintech incubator business. Ben Heap was appointed non-executive, independent chair of x15ventures, which helps scale startups by ...

MLC Life appoints executive

KANIKA SOOD  |  WEDNESDAY, 13 JAN 2021
... he said. McCormack was promoted to the role last year, but months later decided to take the role of chief executive at startup insurer Integrity Life, as its founder (former local chief financial officer of Zurich Chris Powell) retired. The leadership ...

New fund to invest in AI companies

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
... intelligence (AI) solutions. NextGen Funds Management's AI Technology Fund will invest in debt or equity in AI businesses in startup to pre-IPO life stages. The return target is set at 10-12% per year IRR after fees but before tax. Fees as 1.65% p.a. ...

Vatican shakes up financial management

ELIZABETH MCARTHUR  |  MONDAY, 16 NOV 2020
By orders of the Pope, the Vatican has a new financial manager. Pope Francis declared that the administrative management of the Vatican's funds should be transferred from the Secretariat of State to the Administration of the Patrimony of the Apostolic ...

Super funds overlook VC potential

KARREN VERGARA  |  WEDNESDAY, 4 NOV 2020
Superannuation funds' shift to low-cost exchange-traded products is potentially at the detriment of startups and the potential upside for the local economy. This is according to Stoic Venture Capital partner Geoff Waring, who said local startups ...

Magellan chief backs health startup

KANIKA SOOD  |  TUESDAY, 20 OCT 2020
... Standard in an interview. He invests in some unlisted companies, within and outside financial services. One example is a startup called HealthMatch, which connects patients with drug trials for treatment. The investment is via Tempus Partners, a venture ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Institutional fund managers have pumped $43 million into life insurance startup Integrity Life to help it expand and build out its digital offering. The majority of the capital came from Schroders Investment Management based in Switzerland, Leadenhall ...

Sanlam withdraws from 8IP relationship

KANIKA SOOD  |  MONDAY, 21 SEP 2020
Sanlam Private Wealth says it has terminated its agreement with Eight Investment Partners. In January 2019 the two entered a strategic support agreement, with Sanlam to provide middle office services to 8IP, which was founded in 2009 by Kerry Series. ...

Melbourne boutique raising $70m for new fund

KANIKA SOOD  |  TUESDAY, 15 SEP 2020
... earth and contributing to our society. Our community of investors has already funded solar farms, green buildings, and the startup years of mission-driven businesses. We're excited to expand our investment thesis with the launch of this new fund." Five-year-old ...