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Showing 1001 - 1010 of 7033 results for "December"

Mirvac Group chair, chief executive step down

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
... stated he would leave the property group following the end of his three-year term, will officially depart at the end of December. His successor is current non-executive director, Rob Sindel. Sindel will take over in January and has 30 years of experience ...

Court dismisses Mayfair 101 appeal

JAMIE WILLIAMSON  |  TUESDAY, 11 OCT 2022
... an appeal by Mayfair 101 to overturn the findings of misleading advertising and the $30 million fine it was handed in December last year. In March 2021, the Federal Court found Mayfair 101's group of companies engaged in misleading or deceptive conduct ...

Retail the next frontier for private markets: Preqin

ANDREW MCKEAN  |  FRIDAY, 7 OCT 2022
... it." Consequently, the allocation that super funds have to international public market equity increased from 18.6% in December 2013 to 29.8% in December 2021 per APRA data. While this is substantial, Preqin's view is that this is only the first stage ...

Yarra Capital names portfolio manager to lead new fund

CASSANDRA BALDINI  |  THURSDAY, 6 OCT 2022
... million-plus from institutional and wholesale investors. Applications to invest in the fund will close at the start of December. Acton commented that with IPO markets effectively closed, and businesses staying private for longer, he is looking forward ...

New SSGA chief executive

CASSANDRA BALDINI  |  WEDNESDAY, 28 SEP 2022
... Yie-Hsin Hung as president and chief executive of its asset management arm, State Street Global Advisors. Hung will join in December and sit on the executive committee, reporting to State Street chair and chief executive Ron O'Hanley. She replaces Cyrus ...

Laureola Advisors launches new fund

CHLOE WALKER  |  MONDAY, 26 SEP 2022
... structure is ideal for institutional investors wishing to access this unique asset class. The initial close is slated for 1 December 2022. "Life settlements are life insurance policies, no longer needed by the insureds, which are sold to an investor ...

George Lucas to depart Raiz Invest

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
... managing director and joint group chief executive (international) George Lucas will leave the company effective from December 31. In an ASX announcement, the board acknowledged Lucas' work in establishing Raiz and for his leadership of the company through ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... pressures. The central bank also now anticipates a further 125bps of hikes this year, pushing the funds rate to 4.4% by December end. "The US economy is still travelling above its speed limit. As long as the economic data continues to be solid, and core ...

Ethical ETF popularity soars

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2022
... products stood at $135.7 billion at the end of March 2022, a reduction of 1.3% or $1.7 billion compared to the end of December 2021. However, total funds under management had increased 32%, or $22 billion in the 12 months to end of March 2022. As investor ...

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
... responsibility of block production to the validators operating on the Beacon Chain. The Beacon Chain has been operational since December 2020 running in parallel with the existing Ethereum proof-of-work chain." Put another way, Ethereum's developers ...