News

Investment Magazine While many super funds have been keen to push their “green” credentials, with some offering products with specific sustainability claims, there is a new concern to rethink what is being publicly claimed due to increased scrutiny from regulators and pressure from environmental activist groups. Superannuation funds are checking their websites and PDS statements, […]

Investment Magazine Industry super funds CareSuper and Spirit Super have begun exploring the possibility of merging, but the projected combined pool will be below APRA’s preferred fund size. The merge, if undertaken, would create a combined fund with over 500,000 members and over $45 billion in funds under management, but that would still be below the $50 […]

InvestorDaily ASX has welcomed Darren Yip as its new group executive for markets, the largest business among its four divisions. Mr Yip has over two decades of experience in global financial markets with a background in prime brokerage and equity markets, most recently serving as Morgan Stanley’s managing director and co-head of prime brokerage, Asia-Pacific, […]

InvestorDaily Recognising greenwashing is a team sport that requires many parties to ensure that there is disclosure and clarity, a global asset manager said. Ahead of the InvestorDaily ESG Summit 2023, gold partner Russell Investments’ managing director, head of adviser and intermediary solutions Australia, Neil Rogan said that it is important for companies to focus on […]

InvestorDaily Janus Henderson says 2022 saw Australian investors receive record dividend payouts. The Janus Henderson Global Dividend Index showed that dividends were at record levels globally in 2022, rising 8.4 per cent to US$1.56 trillion ($2.27 trillion). Adjusting for a stronger US dollar and other factors, underlying growth was even higher at 13.9 per cent. […]

InvestorDaily While some have welcomed the changes as a step towards fairness and sustainability in the super system, others have accused the government of shifting the goalposts. Labor’s plan to double the tax rate paid by Australians with large superannuation balances has received a mixed reaction from super funds, industry bodies and other groups. After […]