Infrastructure
Rest takes control of Collgar Wind Farm
Rest, the $51 billion superannuation fund, has bought the 60 per cent it did not already own in Western Australia's Collgar Wind Farm for an undisclosed sum.
Elizabeth FryJune 24, 2019
UBS
Royal Commission
More trouble expected for banks in wealth
Analysts warn investors compensation costs will rise for the big banks, following the Hayne inquiry's hotly anticipated interim report.
Alice UribeSeptember 28, 2018
Events
Active managers will outperform in the low-growth era: UBS
Expected volatility will put managers in position for best performance in 30 years, UBS’s Paul Winter says.
Meredith BoothJune 6, 2018
Unintentional
Numbers moving to SMSF stalls
David Atkin, chief executive of Cbus has declared the growth in members of industry funds leaving for self-managed super funds at an end. The announcement comes the same day the scheme launches a member direct platform to cater for large account holders who want to manage their own investments. “Members moving to SMSF is an […]
David RowleySeptember 8, 2014
Investment Strategy
Advisers gain access to direct investment options
Industry superannuation fund members have gained the ability to appoint a financial adviser to manage their superannuation and invest on their behalf, using the UBS Direct to Member platform. In a move that sees the industry and corporate super funds more closely replicate the benefits and features of a self-managed superannuation fund, members can appoint […]
Leng YeowNovember 18, 2013
Hedge Funds
Direct investment option at AustralianSuper
AustralianSuper has declared bullish growth projections for its direct investment option (DIO) from 12,500 to 50,000 members as its retirement membership grows. The platform, which gives members the freedom of a self-managed super fund in an insured setting, currently manages $700 million for 12,500 members, who hold a further $900 million with the main fund. […]
David RowleySeptember 6, 2013
Investment Strategy
Future bright for fixed-income professionals
Stuart Dear is at a famed Sydney restaurant trying not to appear too happy. The Aberdeen Asset Management portfolio manager is part of team that manages $14.5 billion in Australian bonds and is ranked number one by Morningstar. Aberdeen’s current 11-person team has over 10 years delivered a 7.2-per-cent annual gross return, according to Morningstar’s […]
I & T NewsMarch 19, 2012
Investment Strategy
Simon Shields to leave UBS job, start hedge fund
Simon Shields, the head of Australian equities at UBS Global Asset Management, will leave the company to set up a hedge fund with his colleague Shane Fitzgerald. “Shane and I are going to set up a fund in April,” says Shields. A Standard & Poor’s report says the new fund will have “a total return […]
I & T NewsMarch 12, 2012