|The $4.9 billion investment manager launched an Australian-domiciled version of its global infrastructure fund.|
|A Melbourne alternative investments firm is establishing a US asset management business in partnership with a New York-based team|
|A $50 million fund set up by the South Australian government has started the search for a new investment manager to replace a Blue Sky subsidiary.|
|Macquarie Group is raising $1 billion to chase new opportunities and maintain capital levels for ongoing regulatory change.|
|Australia's sovereign wealth fund returned 11.5% in the year to June, with chair Peter Costello likening the returns to that of a "high growth" superannuation option but with much lower risk.|
|Investors have pulled out more than $600 million from Jun Bei Liu's long/short Aussie equities fund since co-portfolio manager left in April but performance is looking up and there are new hires on the team.|
|ASX listed Link Group will sell its 74.85% holding in an international stock exchange for $21.5 million.|
|Discussing the impact of climate change on super funds at the FSC Summit this morning, UniSuper chief investment officer John Pearce has said simply divesting certain holdings is not an effective strategy.|
|ASX-listed companies continued to hold off paying dividends, extending a five-year long trend, a global index shows.|
|A boutique fund manager has launched a new income fund that provides an alternative to low-yielding cash and term deposits.|
Insurance in superannuation is now opt-in only for new members under the age of 25 and those with low account balances, after the government's Putting Members' Interest First super reforms passed through the Senate yesterday.
Intrust Super has relaunched its robo-advice offering, increasing the solution's speed while decreasing the user input requirements.
Brett Himbury, the chief executive of the $148 billion industry-super-owned fund manager, is stepping down after a decade in the role in a surprise announcement made this morning.
The Federal Court of Australia has found IOOF did not contravene the Superannuation Industry Supervision Act in the case brought against its APRA-regulated entities by the prudential regulator.
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