Lanteri Partners launches white-label solution with OpenInvest
Melbourne wealth manager Lanteri Partners has launched Medici Invest, an online solution providing investment strategies to a wider audience of emerging affluent Australians.
Asena Family Office opens shop in Australia
US-based Asena Family Office has launched an Australian-based arm of its business, with Melbourne boutique wealth management firm Giles Wade joining the group.
MLC Life nabs Cbus talent as chief technology officer
MLC Life Insurance has appointed Mirella Robinson to the newly created role of chief technology officer.
NZ Super appoints new chair
Guardians of NZ Super has appointed John Williamson as the Kiwi sovereign fund’s chair, replacing Catherine Drayton who is stepping down at the end of this week.
Global pension assets approach $85t after 2023
Global pension assets have risen 11 per cent to reach US$55.7 trillion ($84.9 trillion) in 2023, according to the Thinking Ahead Institute’s latest Global Pension Assets Study.
REST makes first impact investment in listed equities
Retail workers industry fund REST has made its first listed equity impact investment, committing $150 million into a mandate with asset manager Ninety One.
Iress sells OneVue platform business to Praemium
Iress has agreed to sell its platform business, OneVue, to ASX-listed platform technology provider Praemium.
When low fees don’t equal better member outcomes
As super funds come under unprecedented regulatory and peer pressure to lower member fees, industry experts warned that the sector is being “irrationally” driven to reduce and even conceal investment costs while returns have become an afterthought.
Super fund-backed Aristocrat says it’s not an ESG gamble
One of the world’s largest gambling companies, Aristocrat Leisure, held its first ‘ESG Day’ for its many institutional investors late last year, and while it has also published a lot of information and lengthy reports to support its ESG credentials, there are many questions still unanswered.
Aware Super to fuel sustainability transition with global co-investment
Aware Super has made a US$50 million ($76 million) co-investment alongside Macquarie Asset Management (MAM) into a specialty infrastructure finance company helping to fund the North American sustainability transition.
Super caps to increase in FY24
The Federal Government has confirmed increases in the standard concessional and non-concessional contributions caps for FY24.
‘New member every minute’: AustralianSuper’s growth strategy
AustralianSuper is expecting to increase its membership to more than 4 million by 2030, with an increasing proportion coming from members who actively choose the fund rather than coming in via awards and defaults. But it won’t be all smooth sailing, as the mega-fund faces heightened consumer complaints.
