Economic recap: Week to August 20BY BENJAMIN ONG | MONDAY, 23 AUG 2021 11:33AMWeekly review of significant economic data, government and central bank action and pronouncements, and other market moving events.
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MA Financial makes $380m real estate investment
Via its $1 billion Australian Real Estate Credit Vehicle, MA Financial has confirmed institutional funding of $380 million for the delivery of a $540 million development.
Barings expands into local self-storage sector
The asset manager has acquired a majority stake in Swift Storage, committing $200 million in seed investment.
Insignia finalises 1300 staff transfer to SS&C
Insignia Financial has finalised the outsourcing of about 1300 staff who worked in the master trust business to SS&C Technologies after striking a deal in February.
Prime Value expands microcap fund
Prime Value Asset Management has opened its microcap fund to retail investors.
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John Burke
GLOBAL CHIEF EXECUTIVE OFFICER
BENNELONG FUNDS MANAGEMENT LTD
BENNELONG FUNDS MANAGEMENT LTD
Bennelong Funds Management is like a mainline into the jugular of Australia's financial advice sector, with more than 6500 advisers channelling capital to its funds. But its global chief executive John Burke says the job's not done yet. Andrew McKean writes.