Aware Super overhauls fee structure
Aware Super is removing trustee charges and management fees from its products, which will simplify the structure for more than 1.1 million members.
Source: financialstandard.com.au
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Aware Super sells Boga Valley farmland to Costa family for $30 million
Australia’s third-largest superannuation fund sold its Lake Boga aggregation of 38 farms to investment firm goFARM for $30 million, but retained water rights.
Source: afr.com
Australian superannuation fund invests in PHES, flow battery developer
Superannuation fund Aware Super has identified a “significant strategic opportunity” to invest in an energy storage project developer.
Source: energy-storage.news
Social impact fund to target essential workers
A new co-investment scheme, backed by family offices and institutional investors, will be made available to first responders and frontline workers, helping them secure a property close to their workplace.
Source: financialstandard.com.au
Kate Howitt to leave Fidelity
Fidelity senior portfolio manager Kate Howitt has announced her retirement after almost two decades with the firm.
Source: financialstandard.com.au