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27 November 2019 • By James Mitchell • 1 min read

‘We’re taking bets’: Industry fund puts $1bn on VC

The CEO of an industry super fund has explained how the group will invest $1 billion of member funds in venture capital “bets” including online ...

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KeyInvest adds more options to funeral bond

KeyInvest has introduced three additional investment options to its funeral bond to offer greater investment flexibility for new investors in the ...

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Analysts warn against BOQ raise

Morningstar has recommended that investors do not subscribe to Bank of Queensland’s recently announced share purchase plan. On Tuesday, Bank of ...

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Super funds on track to own 60% of Aussie equities

Deloitte has warned that superannuation funds will dominate the ASX within 20 years as total assets hit $10.2 trillion in 2038. Despite ongoing ...

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Westpac hasn’t ‘sat on its hands’: Maxsted

Westpac has fought back against claims they were indifferent to their breach of money laundering laws following the resignation of CEO Brian Hartzer

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Vale David Smith

Director of industry superannuation fund HESTA David Smith was said to pass away “suddenly” on Friday. Mr Smith served on the fund’s investment ...

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Industry super grilled over ‘questionable’ ACTU payments

The heads of some of the largest superannuation funds in the country have been pressed over large sums of money paid to the Australian Council of ...

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New York-based asset manager wins Sunsuper mandate

Global asset manager PineBridge Investments will provide asset allocation expertise to superannuation giant Sunsuper as part of the group’s Strategic ...

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Westpac CEO to step down

Westpac CEO Brian Hartzer will step down following an AUSTRAC investigation that alleged the bank breached money laundering laws 23 million times

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Unlisted assets boosting industry funds ahead of retail

Despite pointing to unlisted assets as a key contributor to the 1.8 per cent annual returns boost for industry funds over their retail competitors, ...

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