Page 3 - Telstra Super News Today

The median return for MySuper products in September was -3.3%, causing the Rainmaker MySuper Index to see its worst annual rolling return since August 2009.

Venture capital firm Blackbird has raised Australia’s largest VC fund. With commitments from some of Australia’s largest institutional investors, venture capital firm Blackbird has raised the co

Blackbird Ventures has raised the nations largest venture capital fund, receiving over $1 billion in committed capital from some of Australia and New Zealands largest institutions.

A capital raising for a new fund to acquire Adelaide’s Brickworks Marketplace comes amid increased interest in individual retail assets and smaller malls.

Top deals in Australia technology industry venture financing deals in Q2 2022: Top deals by GlobalData

Hong Kong's JY Group has acquired 50 percent of the Carlingford Court shopping centre in Sydney from pension fund manager Telstra Super.

The financial advice industry has seen its first negative week of losses for the financial year, losing five, although the net gain for the year is still solid at 174, according to Wealth Data.

Mirvac’s pursuit of the $7.7 billion fund’s management, after its initial approach was turned down last year, finally bore fruit this week.

The vote ends more than six months of uncertainty over the future of the fund, after Mirvac revived its bid this year, backed by disgruntled investors.

Investors will consider the merits of an 18-month fee holiday before voting on their long-term future, with either Dexus or Mirvac as their fund manager.