UniSuper and Australian Catholic Super complete merger
WEBUniSuper and Australian Catholic Superannuation (ACS) have completed a merger to form a $115 billion super fund which came about after ACS failed APRA’s performance test last year. The ACS investment team led by Michael Block will not be joining UniSuper a spokesperson for the fund confirmed. With a member base of 620,000 members, the ...
Big enough to be effective but planning serious expansion: Equip’s ...
WEBJan 12, 2022 · Big enough to be effective but planning serious expansion: Equip’s Cameron. Equip Super boss Scott Cameron sees corporate funds as the obvious pool for new merger targets as the $32 billion fund gears up to increase its funds under management to $50 billion by 2025. The merger with Catholic Super two years ago was the big catalyst for the ...
Funds race to court to amend trust deeds - Investment Magazine
WEBFeb 10, 2022 · The court allowed AustralianSuper to amend its trust deed under a formula proposed by AustralianSuper itself. The fund’s application was not opposed by APRA which registered itself as an “interested party” in the case. The judgement noted that AustralianSuper, the trustee of the largest super fund in the country, only had a …
Victoria's sovereign wealth fund hires new ESG and tech executives ...
WEBJan 22, 2020 · The $65 billion Victorian Funds Management Corporation has appointed former Vanguard executive Keli Saville to oversee digital and technology, the latest in a series of changes at the fund that recently saw the departure of its heads of equities and risk. Saville, who will join the sovereign fund in February, is currently the regional head of ...
Affordable housing managers merge with industry fund backing
WEBJul 23, 2024 · The latest federal budget put forward a $11 billion boost to housing, but prominent industry figures like Aware Super chief investment officer Damian Graham said the real cost is likely to have a few more zeros at the end. “I mean, we’ve built 2000 [homes] for $2.3 billion,” he said at the Investment Magazine Fiduciary Investors Symposium ...
AustralianSuper’s in-house analysts inform asset allocation
WEBFeb 22, 2016 · AustralianSuper is seeing its decision to build a large internal management team vindicated, as in-house equity analysts have informed positions on currency hedging and opportunities arising from dislocations over fears on China and a slump in oil prices. After two years of recruiting internal teams to run global equities, Australian equities ...
Crisis environments illustrate a classic ‘failure of diversification’
WEBJun 8, 2020 · Crisis environments illustrate a classic ‘failure of diversification’. The global head of portfolio strategy at Willis Towers Watson, Jeffrey Chee, says the traditional balanced fund’s reference portfolio of 60/40 will need to be rethought in a post-Covid-19 environment. The 60/40 split has had its best decade in the most recent 10-year ...
Adam Strange: Life and health outlook on COVID-19 - an …
WEBInvestment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.. We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of ...
Betashares launches new investing platform - Investment Magazine
WEBOct 25, 2023 · ETF manager Betashares has launched Betashares Direct, a platform with zero brokerage fees for self-directed retail investors looking to invest in any ETF on the ASX. It offers automation options through ‘AutoPilot’, facilitating recurring investments, diversified portfolios, and custom ETF portfolios. The platform also provides streamlined ...
NGS, Australian Catholic Super merger called off amid changing ...
WEBAug 25, 2021 · Investment Magazine provides in-depth, monthly analysis of trends and developments for all the businesses in which superannuation funds engage‚ including asset allocation, investment manager selection, custody and fund accounting, member administration, group insurance and compliance.. We acknowledge the Traditional Custodians of this land upon which Conexus Financial sits, the Cadigal of ...