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Showing 1 - 10 of 54 results for "Papua New Guinea"

Nambawan Super taps former Prime Super boss for top job

ELIZABETH FRY  |  THURSDAY, 18 DEC 2025
Papua New Guinea's Nambawan Super has appointed a new chief executive, naming Australian superannuation veteran Lachlan Baird to lead the country's largest defined contribution government fund. Baird brings more than two decades of superannuation ...

PacSuper extends mandate with Perpetual

KARREN VERGARA  |  WEDNESDAY, 29 OCT 2025
Papua New Guinea superannuation fund PacSuper has extended its contract with Perpetual Investment Management and expanded its multi-asset mandate. Following a strategic asset allocation review, PacSuper's board said it endorsed the extension of ...

New impact fund backs marginalised female entrepreneurs

ANDREW MCKEAN  |  MONDAY, 24 MAR 2025
... loans from lenders supporting female-led businesses, initially targeting Fiji, Cambodia, Nepal, Indonesia, and Papua New Guinea. Good Return head of Asia and impact investments Diana Tjoeng said the new fund will address the gender bias in the financial ...

Westpac names new chief executive of wealth

ELIZA BAVIN  |  TUESDAY, 4 FEB 2025
... customers across Australia. It also includes private wealth individuals, along with the bank's operations in Fiji and Papua New Guinea.

Former super fund investment chief in new gig

ELIZABETH FRY  |  TUESDAY, 5 NOV 2024
... spent two years as investment chief at Nambawan Super - a defined contribution government superannuation fund in Papua New Guinea. The incoming Bellmont investment chief has also consulted for several asset owners, including Mine Super. Previously, he ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
... It has 10 launchpads in Japan and seven in South Korea, and last year formalised a new security agreement with Papua New Guinea. The US government's spend on defence has skyrocketed 62% since 1980, climbing from US$506 billion to US$820 billion in ...

Westpac plans aggressive platforms play

JAMIE WILLIAMSON  |  WEDNESDAY, 21 JUN 2023
... Westpac Pacific remains, after an unsuccessful attempt to sell it to Kina Securities; a deal rejected by the Papua New Guinea regulator. Throughout this period, Westpac continued to invest in its platforms, specifically Panorama, with the aim to enable ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... sovereign investors due to significant progress with SWFs that have been proposed and passed. "Namely in Mozambique, Papua New Guinea, and the Philippines," it said. "We shall also see more of the superannuation consolidation down under, with the merger ...

'We're living in the world China is making': Conference

ANDREW MCKEAN  |  WEDNESDAY, 27 APR 2022
... recognising Taiwan to recognising mainland China," Grant supposed. Likewise, China has established closer ties with Papua New Guinea, the Federated States of Micronesia and even countries like New Zealand have signed up to the belt and road initiative. ...

UBS Australia could be banned from Papua New Guinea

ELIZABETH MCARTHUR  |  WEDNESDAY, 20 APR 2022
Investment banking giant UBS could be banned from Papua New Guinea and forced to repay tens of millions as a Royal Commission uncovers questionable conduct. A Royal Commission will shortly deliver its verdict in PNG after examining a 2014 decision by ...
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