Tag: Superannuation Fund
Risk
Australia’s HESTA Accused of Greenwashing
The Environmental Defenders Office says HESTA’s investments in oil and gas companies could be in breach of the law.
Newsmakers
Australian Pension Funds Mercy Super and HESTA to Merge
Proposed deal is the latest in an ongoing consolidation within the industry.
Corporate Moves
AustralianSuper CEO Ian Silk to Step Down
Chief Risk Officer Paul Schroder has been tapped as Silk’s successor
Pensions
AustralianSuper, LUCRF Super Plan to Form $173.8 Billion Investor
The merger would consolidate the country’s first and largest superannuation funds.
Corporate Moves
Australia’s Hostplus, Statewide Super to Explore Potential Merger
If approved by trustees, the resulting allocator would manage more than A$77 billion in retirement assets.
Pensions
QSuper, Sunsuper to Form $155 Billion Australian Superannuation Fund
The deal will create one of the most significant mergers of its kind, the plans say.
Alternatives
Australia’s Second Largest Pension to Divest from Thermal Coal
The fund also said it will reduce emissions from its listed equities by at least 30% in under three years.
Alternatives
Australian Pension Fund Commits to Becoming Net Zero by 2050
HESTA also pledges to reduce portfolio’s carbon emissions by one-third within 10 years.
Hostplus and Club Super to Merge
Merger talks began in July, continuing industry consolidation trend among giant pensions Down Under.
Corporate Moves
Ex-Equip Super CIO Heads to LGIAsuper
Troy Rieck replaces retiring chief David Todd at Australian pension group.
Corporate Moves
Merging Australian Supers Get a New CIO
Anna Shelley to head merged Equip Super and Catholic Super following Equip chief’s resignation.
Corporate Moves
QSuper Promotes Head of Funds to New CIO
Charles Woodhouse will take over the Australian fund in September when chief Brad Holzberger retires.
Newsmakers
First State Super, Vic Super to Merge
Combined Australian mega-fund expected to take shape by June 2020.
Corporate Moves
Cbus Promotes Former NextGen, 40 Under Forty Star Brett Chatfield
New deputy CIO at the Australian superannuation fund has been its head of public markets.