UniSuper invests in Asian equities through Man GLG
Industry super fund UniSuper is now investing in Asia ex-Japan equities through Man GLG, the discretionary fund management unit of publicly-traded hedge fund Man Group.
Affinia firm moves to Count licence
Former Affinia-aligned firm Tribel Advisory has joined Count’s AFSL network, one of the first to do so since the acquisition from TAL in May.
Politics trumps profit motivations for investors: Bridgewater co-CIO
Bridgewater Associates co-chief investment officer Greg Jensen said government policy has steadily increased in influence over the economy and portfolio construction over the past 20 years and now outstrips the importance of private sector incentives. The pace of deglobalisation is a key trend for institutional investors to keep abreast of, he says, as the US races towards another presidential election cycle.
FEAL appoints NGS Super CEO to board
The Fund Executives Association (FEAL) has appointed NGS Super CEO Natalie Previtera to its board of directors, replacing Jo Townsend, who is retiring.
‘Hold us to account,’ insurers tell super funds as life code changes hands
The Council of Australian Life Insurers will take over responsibility for the Life Insurance Code of Conduct from the Financial Services Council on Friday and says stakeholders, including super trustees, should hold insurance partners to their commitments under the code.
Mine Super and TWUSUPER sign SFT deed
Industry super funds Mine Super and TWUSUPER have signed successor fund transfer deed as part of their merger discussions.
HESTA research shows the financial toll of unpaid care
The hidden costs of unpaid care have significant implications for women’s productivity and financial well-being, according to research conducted by HESTA over 2022 and 2023.
Fintech pays penalties for misrepresenting crypto product
Fintech company Bobbob has paid $53,280 to comply with infringement notices regarding representations it made about a crypto-asset-linked investment product.
AUSIEX partners with Saxo to provide trading solution for advisers
Wholesale trading platform AUSIEX has partnered with online trading and investment specialist Saxo Australia to provide an integrated international trading solution for advisers.
Betashares enters superannuation industry with Bendigo Super acquisiton
Betashares will directly enter the superannuation market after reaching has reached an agreement with Bendigo and Adelaide Bank to acquire Bendigo Superannuation.
AIA appoints GM of group partnerships
Life insurer AIA Australia has appointed George Stavliotis as general manager of group partnerships, focusing on the group insurance sector.
Vanguard Super opts for calculators over advice expansion
Vanguard has been vocal in its support of the Quality of Advice Review recommendations, but says it has no plans to expand its advice services if the laws change, instead relying on simple tools and calculators. The comments by Vanguard Australia MD, Daniel Shrimski, come as the wealth giant prepares to launch a pension product by year’s end.
