Federated Hermes appoints Asia Pacific distribution head
The head of Federated Hermes’ international client group, Jim Roland, has been promoted to the position of head of distribution for Asia Pacific.
Industry UpdatesMay 11, 2023
HUB24 expands relationship with Striver
Investment platform HUB24 will expand its relationship with advice networking/recruitment firm Striver to provide more educational resources to support the next generation of financial advisers.
Industry UpdatesMay 10, 2023
Rest sells stake in Endeavour Energy
Profit-to-member superannuation fund Rest has agreed to sell its 12.6 per cent stake in Endeavour Energy to a fund managed by Macquarie Asset Management.
Industry UpdatesMay 9, 2023
State Street launches global carbon asset servicing solution
State Street Corporation has launched the Carbon Asset Servicing Solution, which will allow asset managers, asset owners, and other financial services institutions around the world to integrate carbon-related assets into their portfolios as the demand for the asset class continues to grow.
Industry UpdatesMay 9, 2023
BT’s Private Portfolio Management business to transition to Mercer
Mercer has entered into an agreement with Westpac Group to transition BT’s Private Portfolio Management business to Mercer, which will occur in Q4 this year.
Industry UpdatesMay 8, 2023
Betashares launches two low-cost global shares ETFs
ETF manager Betashares will launch two new global share funds in the coming weeks that tracks an index of 1500 global companies and suitable as a core allocation to portfolios.
Industry UpdatesMay 8, 2023
UniSuper enters Europe with $1b mobile towers investment
Superannuation fund UniSuper has secured a 5 per cent indirect stake in mobile towers business Vantage Towers in a $1 billion deal.
Industry UpdatesMay 8, 2023
BlackRock to launch global infrastructure and property ETFs
BlackRock Australia will launch two core ETFs later this month, focused on giving investors exposure to global infrastructure and property.
Industry UpdatesMay 8, 2023
Allianz Retire+ AGILE receives ‘Recommended’ rating from Zenith
Allianz Retire+ has received a ‘Recommended’ rating for its longevity solution AGILE from research house Zenith Investment Partners.
Industry UpdatesMay 5, 2023
CountPlus changes name to ‘Count’ with overwhelming support
CountPlus has changed its name to Count after 99.94 per cent of shareholder votes were cast in support at a recent EGM in Sydney.
Industry UpdatesMay 5, 2023
SuperFriend promotes AusSuper CMO to deputy chair
Workplace mental health not-for-profit SuperFriend has promoted director Rose Kerlin to deputy chair of its board, following the resignation of incumbent Teifi Whatley.
Industry UpdatesMay 5, 2023
Dexus acquires additional interest in Royal Adelaide Hospital
The Dexus Community Infrastructure Fund (CommIF), the Dexus Healthcare Property Fund (DHPF), and the AMP Capital Core Infrastructure Fund (CIF) have acquired a combined 30.58 per cent interest in Celsus Holding, taking Dexus’ total stake to 72.79 per cent.
Industry UpdatesMay 4, 2023