Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1 - 10 of 100+ results for "Statewide Super"

Industry fund chief executive to step down

ELIZABETH MCARTHUR  |  FRIDAY, 24 SEP 2021
... Standard in May, with the discussions later confirmed in June. Hostplus is also in the process of merging with Statewide Super, with the two signing a Heads of Agreement in August.

Statewide Super increases premiums

ELIZABETH MCARTHUR  |  THURSDAY, 16 SEP 2021
... their cover is becoming more expensive according to their occupation, age, level of cover and unitised rates. Statewide Super has changed the way it offers insurance cover, categorising members based on four occupational options. The 'Standard' ...

Pain ahead for super trustees on unlisted valuations

KANIKA SOOD  |  MONDAY, 6 SEP 2021
... different approaches to the revaluations. For example, at Cbus the board devalued unlisted assets between 8-15%. Statewide Super said it did its devaluations on the back of advice from external valuers and investment managers. In August 2020, the House ...

New equities LIC heads for the ASX

KANIKA SOOD  |  MONDAY, 16 AUG 2021
... Partners). The firm was founded in 2009 and manages $700 million in total assets. The LIC's board will includes Statewide Super independent chair Ken Williams, who has over 30 years of experience in corporate finance, and Richard Wilson, who is currently ...

Super funds progress merger talks

JAMIE WILLIAMSON  |  THURSDAY, 12 AUG 2021
... super funds have signed an agreement to explore a merger following a short period of discussion. Hostplus and Statewide Super have signed a Heads of Agreement, with a note on the former's website dated last week confirming the "important milestone". ...

Hostplus announces board shakeup

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... support and wish them every success in the future," Elmslie said. Hostplus is currently exploring a merger with Statewide Super and recently confirmed that it will go ahead with merging with Intrust Super.

Industry funds flag $77bn merger

KARREN VERGARA  |  TUESDAY, 29 JUN 2021
... announced they are exploring a potential merger to create a $77 billion fund with 1.4 million members. Hostplus and Statewide Super said formal discussions are in the works and that they intend to shortly sign an exclusive Heads of Agreement. This marks ...

Loomis Sayles wins super fund mandate

KARREN VERGARA  |  FRIDAY, 14 MAY 2021
An industry superannuation fund awarded a $180 million mandate to Loomis, Sayles & Company. Statewide Super appointed Loomis Sayles for an asset-backed securitised strategy aiming to achieve returns of cash plus 2% to 3%. Based in Boston, Loomis Sayles ...

Statewide not contesting ASIC allegations

KANIKA SOOD  |  MONDAY, 10 MAY 2021
... between May 2017 and June 2020. Statewide filed its response to ASIC's claims on May 7. "In the circumstances, Statewide Super considers that your interests, as a member, are best advanced by not contesting the allegations," it told members in a statement. ...

Two Aussie CIOs on top 100 list

KANIKA SOOD  |  FRIDAY, 16 APR 2021
Two Australian chief investment officers made the annual Power 100 list published by Chief Investment Officer. Con Michalakis, who has been Statewide Super's chief investment officer since 2008, was on the list alongside $171 billion Future Fund's ...
PREVIOUS
NEXT