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Showing 1 - 10 of 62 results for "Spirit Super"

CareSuper, MIESF assess merger potential

JAMIE WILLIAMSON  |  TUESDAY, 19 NOV 2024
... commenced a due diligence process. It comes hot on the heels of CareSuper completing the long-awaited merger with Spirit Super earlier this month. MIESF has about $1.08 billion in funds under management and 17,286 members which would be combined with ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
The merger between industry funds CareSuper and Spirit Super was officially signed, sealed, and delivered today, creating a $53 billion super fund. The newly combined fund, which operates under the banner of CareSuper, will, as previously revealed ...

Industry funds dominate ASX

ANDREW MCKEAN  |  WEDNESDAY, 25 SEP 2024
... the highest unlisted asset allocations are Australian Food Super (42%), MIESF (37%), NGS (29%), Hostplus (26%), and Spirit Super (25%). Separately, the report highlighted that the big eight dominate net flows, capturing nearly 93% of total superannuation ...

Aussie super funds climb ranks, government funds slide

JAMIE WILLIAMSON  |  TUESDAY, 10 SEP 2024
... Corporation (136) State Super (197) GESB (209) ESSSuper (234) Super SA (239) Equip Super (261) Brighter Super (271) Spirit Super (296) Overall, the largest fund remains Japan's Government Pension Investment Fund, however it is predicted to soon be ...

Super fund merger prompts investment changes

ANDREW MCKEAN  |  TUESDAY, 3 SEP 2024
... also see a change, moving from 90%/10% to 83%/17%, while its sustainable option will adjust from 75%/25% to 70%/30%. Spirit Super said that the merger will also bring changes to responsible investing and environmental, social, and governance (ESG) considerations ...

J.P. Morgan lands custody services mandate with industry fund

ANDREW MCKEAN  |  THURSDAY, 29 AUG 2024
... services to Vision Super," Paparo said. J.P. Morgan also secured a mandate last month to become the custodian for Spirit Super, which will be the successor fund to CareSuper, which J.P. Morgan has served as custodian for since 2020. Financial Standard ...

Custody assets exceed $5tn milestone

JAMIE WILLIAMSON  |  TUESDAY, 13 AUG 2024
... continued to shed assets as it winds up. At June end, it had $357.8 billion. This is a drop of 20% in the period, with Spirit Super taking its mandate to J.P. Morgan, Brighter Super swapping to State Street, and Equip Super moving to Northern Trust. ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... to determining investment sentiment and decisions. The results comes ahead of the upcoming merger of CareSuper and Spirit Super on November 1, in which the CareSuper name will be retained. The merged entity will be home to some 572,000 members and $52 ...

CareSuper, Spirit Super take final steps towards merger

JAMIE WILLIAMSON  |  TUESDAY, 30 JUL 2024
CareSuper and Spirit Super will merge on November 1, with the new executive lineup and new name confirmed. The merged fund, which will retain the CareSuper name, will be home to some 572,000 members and $52 billion in funds under management. "While ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
Spirit Super, which is on track to be the successor fund to CareSuper after a planned merger this year, has replaced its custodian, NAB Asset Servicing. The $30 billion industry fund, which has over 350,000 members, will now receive global custody and ...
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