The $127 billion Challenger has selected State Street as its new custodian and will be one of the largest invest managers in the region to deploy Alpha, its front-to-back asset servicing platform.
The “true merger of equals” will create a new $52 billion fund but retain the branding of Care Super to take advantage of its strong recognition in the market.
The executive responsible for driving ART’s post-merger growth has taken the top superannuation job at Insignia Financial as it looks to overhaul its business for “profitable growth”.
The megafund has reshuffled its executive team and seen several key departures as it hits $300 billion in funds under management and embarks on a restructure of its operational model.
It’s all about confidence, says leading European asset manager Amundi, which expects multi-speed growth in the second half of 2024 marked by slow and uneven disinflationary trends and diverging dynamics.
The global head of real assets at Australian’s biggest super fund has jumped to Dexus to help it achieve its ambitions of becoming a chunky infrastructure and alternatives player.
To get the most benefit from the transition to net zero it’s worth asset owners considering the natural advantages they have and the areas where they’re best placed to provide capital.
The assets family offices invest in haven’t changed much but the ways they’re investing in them have, according to BNY Mellon Wealth. Meanwhile, cryptocurrencies are seeing more interest as a new generation takes the reins.
Artificial intelligence might be better at gathering and storing knowledge, but incorporating wisdom into an investment approach (or abandoning it altogether) remains the exclusive domain of humans – for now.
With home ownership still dominating the dinner table conversation, HOPE Housing is working towards getting super funds involved in a unique model that provides attainable housing to essential workers.