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Showing 1 - 10 of 20871 results for "Super"

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... with a "tainted organisation" could affect their standing. Moreover, the process of appointing and removing directors on a super fund board can be complicated due to shareholder rights. Trustees cannot always remove a director, as often shareholders ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
ASIC has banned two former directors and responsible managers of XTrade, a trading platform that offers clients opportunities to trade in contracts for difference (CFDs) and foreign exchange contracts. The directors, Shay Zakhaim and Anthony Anderson ...

Boutique ESG fund manager folds

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... Perpetual, spending over six years there, starting out as an equities analyst and portfolio manager. In 2019, Christian Super awarded Ethical Partners an $89 million mandate. Funds SA also had a mandate with Ethical Partners to manage a portion of its ...

ESSSuper appoints two executives

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... whom have extensive experience in the industry fund sector. Becoming the first chief member officer for the $35 billion super fund, Stuart Wilkinson joins from Hostplus where he spent more than eight years. Wilkinson most recently was the group executive ...

AustralianSuper manager research head departs

ELIZABETH FRY  |  FRIDAY, 19 JUL 2024
... where he built multi-manager equity portfolios, now valued at $50 billion. He was also responsible for oversight of the super fund's internal equity capabilities. Commenting on the new hire, SGA portfolio manager Kishore Rao said he has known Wahba ...

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
Mercer Super's SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year. Mercer's acting chief investment officer for the Pacific region Sue Wang said the results were an excellent ...

Brighter Super posts 9.07% returns for its default option

ELIZA BAVIN  |  THURSDAY, 18 JUL 2024
Brighter Super announced double-digit returns in its Balanced and Growth accumulation options and 9.07% for its default MySuper option. The Balanced accumulation option returned 10.57% and the Growth accumulation option delivered 11.91%, for the year ...

UK announces new Pension Schemes Bill

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... with around $2.7 trillion in assets. Other measures include consolidating the defined benefit market through commercial super funds to better protect members of closed legacy schemes, reaffirming the Pensions Ombudsman as a competent court, and amending ...

The most popular fund types launched in Australia

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
Of the latest 100 funds launched into the Australian investment market by Equity Trustees, most were related to global fixed income, however, the asset class didn't attract the highest flows. There were 19 new global fixed income funds, 18 Australian ...

REI Super returns 9.34% in FY24

JAMIE WILLIAMSON  |  WEDNESDAY, 17 JUL 2024
The real estate industry super fund's MySuper option returned 9.34% last financial year. The results come as it launches a new growth investment option. REI Super chief executive Jarrod Coysh described the fund's performance for the year as a great ...
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