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Showing 121 - 130 of 2747 results for "ACT"

Super moves: ART, QIC, Rest, CareSuper

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025  |  NEWS
QIC has welcomed two new starters to its state investments team: a portfolio manager in Brisbane and a senior portfolio manager in Sydney. Daniel Rigney has been appointed as portfolio manager, arriving from Rest Super, where he managed quantitative ...

Ausfood Super appoints chief executive

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025  |  NEWS
Australian Food Super, the superannuation fund set up for employees in the meat industry, has named Michael Sykes as its new chief executive. Formerly known as the Australian Meat Industry Superannuation Trust or AMIST Super, the fund has $3 billion ...

Hostplus names deputy CIO

ELIZABETH FRY  |  THURSDAY, 23 JAN 2025  |  NEWS
Hostplus has promoted Susan Orr to deputy investment chief following the recent departure of Con Michalakis who has taken on the top investment job at Funds SA. The $115 billion industry fund for hospitality workers confirmed that Orr will now serve ...

More climate exits as Trump takes charge

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
Northern Trust and two other asset managers have left Climate Action 100+ (CA100+) as four banks exit the Net Zero Banking Alliance (NZBA). Northern Trust is the latest to depart both CA100+ and Net Zero Asset Managers initiative (NZAM); MFS Investment ...

Green budgets fatten amid global uncertainty

ROSE MARY PETRASS  |  WEDNESDAY, 22 JAN 2025  |  NEWS
... countercyclical entry opportunity," Cooper said. The US withdrawal from the Paris Agreement and repealing of the Inflation Reduction Act may harm sentiment but it will not directly affect company forecasts, she said. Ninety One predicts growth in renewables ...

Trump inaugurated as 47th President

ELIZA BAVIN  |  WEDNESDAY, 22 JAN 2025  |  NEWS
Donald Trump has officially been sworn in as the 47th US President as he takes on his second, non-consecutive term. Trump took to the stage for his "Day 1" official address unleashing a raft of executive orders and reaffirming his America first policies. ...

Top Pendal executive joins Evidentia

ELIZABETH FRY  |  TUESDAY, 21 JAN 2025  |  NEWS
Former Pendal head of multi-asset Michael Blayney has joined the Evidentia Group as a member of its investment committee. "With over 28 years of experience in investment management, consulting and superannuation with some of the world's leading ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025  |  NEWS
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock ...

China plays long game on battery disruption

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Reports from consultancy Rho Motion reveal that battery minerals supply is too high for EV demand - here's why analysts say that might not be such a bad thing. According to the International Energy Agency (IEA), lithium-iron-phosphate (LFP) batteries ...

Australian Ethical grows FUM to $13.26bn

ROSE MARY PETRASS  |  MONDAY, 20 JAN 2025  |  NEWS
Australian Ethical saw another quarter of positive net flows and investment performance, surpassing $13 billion during the quarter. Retail and wholesale net flows hit $173 million, while superannuation flows of $101 million were below recent quarters ...