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Showing 141 - 150 of 4088 results for "Holding"

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... industry, while establishing our presence within the highly sought-after Westmead health precinct." "Healthcare real estate is holding up well through the cycle in comparison to traditional commercial property sectors such as office and retail, and we ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... companies involved in the production of alcohol (including Budweiser Brewing Company APAC Ltd, Carlsberg AS, Heineken Holding NV and Treasury Wine Estates Ltd); and 19 companies involved in gambling (including Aristocrat Leisure Limited, Caesar's ...

ASIC sues debt management firm, director

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
ASIC is suing a debt management firm and its director after it found only 5% of customers achieved a debt reduction and some payments made by customers were never even passed on to their creditors. ASIC has commenced proceedings in the federal court ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
ASIC's latest action against Vanguard for allegations of greenwashing in a bond fund raises the question of whether the market regulator will crack down on index providers and other third-party service providers for greenwashing as well. Last month ...

NGS ahead of schedule on net zero strategy

RACHEL ALEMBAKIS  |  FRIDAY, 28 JUL 2023
NGS Super is making faster-than-expected progress towards its goal of achieving a carbon neutral portfolio by 2030. Measurement of carbon intensity in the NGS Diversified MySuper portfolio fell by nearly 20% between 30 June 2021 and 30 June 2022, around ...

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
... under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia Financial outlined a raft of changes that it says will enable ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
ASIC is suing the operator of several unregistered managed investment schemes that, among other investors, targeted SMSF members. Sasha Hopkins, director of The A Team Property Group, is facing civil action for alleged unlicensed conduct and running ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... jumped 42% to $4.95 billion in 2022, largely dictated by higher premiums. Fidelity International is benefitting from its holding in ASX-listed general insurer Suncorp, according to head of investments for Australasia Paul Taylor. "Within financial services ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
UniSuper signed an exclusive institutional mandate with a boutique impact investor, while also purchasing an industrial portfolio from a major global pension fund worth more than $1 billion. The $120 billion super fund has mandated NorthStar Impact ...

ASIC cancels FTX Australia's licence

CASSANDRA BALDINI  |  WEDNESDAY, 19 JUL 2023
... companies also commenced voluntary proceedings under Chapter 11 of the US Bankruptcy Code. FTX Trading became the ultimate holding company of FTX Australia on 23 September 2021. Before its suspension, FTX Australia's licence permitted it to deal ...