Who owns Hastings Funds Management?

Who owns Hastings Funds Management?

Northill Capital LLP
Vantage Infrastructure Holdings Limited/Parent organizations
Fees are 45 bps in base fees and 15% in performance fee above a benchmark of CPI plus 4%. Hastings Funds Management was formerly owned by Westpac. It was bought by British asset manager Northill Capital in late 2017, who rebranded it to Vantage Infrastructure in April 2018.

Who owns HRL Morrison?

H. R. L. Morrison & Co

Type Private company
Founded 8 August 1988
Headquarters Wellington , New Zealand
Key people Rob Morrison, Chairman Marko Bogoievski, CEO Paul Newfield, Head of Australia NZ William Smales, Head of United States Jason Boyes, Head of Europe
Website https://www.hrlmorrison.com/

Who owns utilities Trust Australia?

UTA is managed by Morrison & Co Utilities Management (Australia) Pty Ltd (ABN 66 624 308 809) (“Manager” or “Morrison & Co”). Morrison & Co assumed management on 1 July 2018 from Hastings Funds Management.

Who are Australian utilities?

Utilities of Australia Pty Ltd was founded in 1994. The company’s line of business includes the management of funds, trusts, and foundations organized for purposes other than religious, educational, charitable, or nonprofit research.

What is infrastructure PE?

Infrastructure Private Equity – This term refers to investing in the equity of infrastructure assets to gain ownership and control. There are dedicated infra PE firms, but plenty of pensions, large banks, SWFs, and other entities also make “equity investments in infrastructure.”

Is IFM a super fund?

As IFM is not a superannuation fund, we will not be subject to the annual performance test, although the net returns that our investors receive will be incorporated into the aggregate net returns of superannuation products and compared against a composite benchmark based on each product’s portfolio asset allocation.

Is IFM private?

IFM Investors was established more than 25 years ago to protect and grow the long-term retirement savings of working people….IFM Investors.

Headquarters in Melbourne
Type Private
Industry Investment services
Founded (1990) in Melbourne, Australia.
Headquarters Melbourne , Australia

How many utility companies are there in Australia?

There are 22 electricity and gas network businesses in Australia with a mix of public and private ownership.

What did Hastings Funds Management lose control of?

Hastings Funds Management has officially lost control of AUD 2.1bn (USD 1.6bn) of infrastructure under its care after investors in one of its funds overwhelmingly voted to dump the asset manager.

When did Hastings invest in Gold Coast Airport?

The investment fund began life in June 1998, investing in the state of Queensland, devouring stakes in Gold Coast Airport and North Queensland Airports before venturing south and west into Perth Airport and the Sydney Desalination Plant.

Where is Hastings on the south coast of England?

Coordinates: 50°51′18″N 00°35′00″E / 50.85500°N 0.58333°E / 50.85500; 0.58333. Hastings /ˈheɪstɪŋz/ is a town and borough in East Sussex on the south coast of England, 24 mi (39 km) east of the county town of Lewes and 53 mi (85 km) south east of London.

How many seats does Hastings Borough Council have?

Hastings Borough Council is now in the second tier of local government, below East Sussex County Council. The Labour Party has an overall control of the council with 23 seats, whilst the Conservative Party holds 9 seats and one is held by an independent.