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Showing 21 - 30 of 3441 results for "European"

ECB raises rates to record high of 4%

CASSANDRA BALDINI  |  FRIDAY, 15 SEP 2023
Overnight, the European Central Bank (ECB) raised interest rates by a further 25 basis points to a historical peak of 4%, saying inflation is simply still too high. The governing council remains determined in its efforts to drag inflation back down ...

Perpetual shutters innovation fund, Pendal funds

JAMIE WILLIAMSON  |  THURSDAY, 14 SEP 2023
... least three global equities funds are being terminated in November. The Pendal Diversified Global Equity Fund, the Pendal European Share Fund, and the Pendal American Share Fund will all be shuttered on November 28. The decision is due to their small ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... study." Regionally, North America now accounts for 45.6% of assets in the world's 300 largest pension funds, while European pension funds account for 24.1% and Asia Pacific 26.4%. Looking at the very largest, the assets of the top 20 pension funds ...

NZ Super Fund secures stake in Euroclear

CASSANDRA BALDINI  |  MONDAY, 4 SEP 2023
... funds exposure to the global financial services sector. "Euroclear is the leading settlement provider across a number of European and international markets. It is an attractive, high-performing asset which suits our growth profile and will help diversify ...

Danish pension fund hands $500m to QIC

CHLOE WALKER  |  FRIDAY, 18 AUG 2023
QIC has entered a strategic partnership with one of Denmark's largest pension funds to provide exposure to European private equity investments. The initial $500 million mandate from PenSam will be invested over three years through both co-investments ...

Equity Trustees to exit UK, Ireland

ANDREW MCKEAN  |  TUESDAY, 15 AUG 2023
... establishment in 2017 of our London office, the move to Dublin is the natural next step to being able to offer a comprehensive European solution and seamless service to our current and future clients." Meanwhile, last week, Equity Trustees also combined ...

RBA sustains cash rate at 4.1%

KARREN VERGARA  |  TUESDAY, 1 AUG 2023
... target range of 5.25%-5.50%. To suppress its soaring 7.9% inflation rate, the UK raised its cash rate by 0.25% to 5%. The European Union saw its cash rate increase to 4.25% on the back off high inflation levels of 5.5%.

European pension fund hands MaxCap $200m

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
An unnamed European institutional investor committed $200 million to MaxCap, its first real estate debt investment in the Australian market. The initial investment will be allocated through the First Mortgage investment option offered by MaxCap Investment ...

Federated Hermes secures $486m for private equity fund

ANDREW MCKEAN  |  WEDNESDAY, 12 JUL 2023
... Moreover, the fund expanded its investor base, attracting new participants like Samsung Life Insurance from Korea and other European investors. Federated Hermes chief investment officer Peter Gale said the successful closure of PEC V is an indication ...

Cromwell, Value Partners group join forces

CHLOE WALKER  |  MONDAY, 3 JUL 2023
... about a 9.4% increase on Cromwell's initial purchase price. Settlement is expected later in the month, with Cromwell's European operations team set to continue to manage the portfolio. Cromwell chief executive Jonathan Callaghan said the part-sale of ...