Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 991 - 1000 of 7222 results for "Record"

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
KKR Real Estate Finance Trust Inc (KREF) has recorded a $29.7 million (US$20 million) loss in its second quarter ending June 30. KKR & Co. said its integrated real estate platform saw a loss of $0.37 per diluted share. When adjusted for non-recurring ...

ASIC sues Vanguard for greenwash in bond fund

RACHEL ALEMBAKIS  |  TUESDAY, 25 JUL 2023
ASIC is taking Vanguard to court over greenwashing allegations relating to a global bond index fund. This is the second time the market regulator has acted against Vanguard over greenwashing. ASIC has lodged civil penalty proceedings in federal court ...

Hamilton Lane targets sustained growth with revamped leadership

CASSANDRA BALDINI  |  MONDAY, 24 JUL 2023
... recently served as co-head of the co-investment business. Hamilton Lane said he brings a distinguished investment track record and extensive operational, team management and transactional experience to the team. Hamilton Lane's head of EMEA Richard Hope ...

Colonial First State chalks up strong super returns

ANDREW MCKEAN  |  THURSDAY, 20 JUL 2023
Colonial First State (CFS) has recorded double-digit returns across several of its default superannuation products for FY23. The CFS FirstChoice Employer Super growth fund (Lifestage 1975-1979) delivered a 12.2% return. The CFS FirstChoice Employer ...

Iress appoints former Pendal veteran

CASSANDRA BALDINI  |  THURSDAY, 20 JUL 2023
... expertise during a pivotal time for the company. "Cameron is a highly experienced chief financial officer with a strong track record and extensive industry knowledge both in Australia and internationally," he said. "His expertise in strong financial ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... and the outlook for interest rates," it added. On the flip side, the RBA acknowledged mortgage repayments were around a record high in May, inflation is on the decline, CPI data came in weaker, and economic slowing is bringing supply and demand constraints ...

APRA finalises operational risk prudential standard

ANDREW MCKEAN  |  TUESDAY, 18 JUL 2023
APRA has finalised Prudential Standard CPS 230 Operational Risk Management, which aims to enhance the ability of banks, insurers, and superannuation trustees to manage operational risks and respond to business disruptions. According to QMV legal, the ...

Hostplus tops up mandate, returns 8% to members

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
... year - we consider the prevailing conditions, and then we invest patiently for the long-term. That is evident in our track record." The performance of equities is reflected in the return of the fund's Indexed Balanced option, which came in at 12.34%. ...

US regulators launch investigation into OpenAI

CASSANDRA BALDINI  |  FRIDAY, 14 JUL 2023
The Federal Trade Commission (FTC) is investigating OpenAI, the artificial intelligence research firm that owns ChatGBT, to evaluate possible negligence and consumer harm. In a 20-page document sent to the Microsoft-backed AI firm, regulators demanded ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
... these characteristics are coupled with strong digitalisation tailwinds, an attractive business case and successful track record, to make a compelling investment opportunity." Meanwhile, DigitalBridge senior managing director Jon Mauck said: "Aware Super ...