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Showing 1001 - 1010 of 16662 results for "The Australian"

Stafford Capital secures $220m First Super mandate

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
... co-investment partners, Stafford said. "First Super is looking forward to continuing to support this important part of the Australian economy," First Super chief executive Bill Watson said. "Our size means we can continue to invest our members' retirement ...

Carlyle, Goldman Sachs give $1.6bn boost to Apex

JAMIE WILLIAMSON  |  THURSDAY, 27 JUN 2024
... billion in assets under custody and administration in Australia, rising almost 17% since June 2023. According to the Australian Custodial Services Association, this pegs Apex as the seventh largest custodian and administrator in the nation. However ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
Data from the Australian Bureau of Statistics (ABS) revealed household wealth rose for a sixth straight quarter, by 2.7% in the March quarter to total $16.2 trillion. Residential land and dwellings was the largest contributor to quarterly growth in ...

ASIC freezes assets of Melbourne based licensee

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
The Australian Securities and Investments Commission (ASIC) has obtained interim orders from the Federal Court freezing the assets of financial advice licensee United Global Capital and related property investment company Global Capital Property Fund ...

Qualitas secures additional $300m mandate

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... continues to grow. This latest increase in commitment from ADIA demonstrates the depth of opportunities within the Australian commercial real estate private credit market and further evidences Qualitas' ability to attract, retain and grow our institutional ...

New NALE rules, AFCA's super powers passed

KARREN VERGARA  |  THURSDAY, 27 JUN 2024
... regulate how superannuation funds deal with non-arm's length expenses (NALE) and income (NALI) and expands the Australian Financial Complaints Authority's (AFCA) remit over super passed Parliament on June 25. Treasury Laws Amendment (Support ...

ASIC alerts licensees to experienced pathway deadlines

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
ASIC has issued a reminder to the Australian Financial Services (AFS) licensees regarding the upcoming notification obligations related to the new experienced provider pathway. Starting from next week, AFS licensees must notify ASIC by lodging a notice ...

Partners Group launches private infra fund

KARREN VERGARA  |  WEDNESDAY, 26 JUN 2024
... private wealth clients to gain exposure to the global infrastructure sector." Kuys said it is anticipated that the Australian unit trust offering will focus on direct investments, complemented by secondary investments and be traded monthly. At the end ...

Inflation spikes again sparking rate rise fears

ELIZA BAVIN  |  WEDNESDAY, 26 JUN 2024
Australians and the Reserve Bank of Australia (RBA) will be feeling disappointed after the Australian Bureau of Statistics (ABS) released the CPI indicator or May showing an annual increase of 4%, up from 3.4% in February. Canstar group executive, financial ...

Goldman Sachs names new head of Australian equities

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
... investment bank global senior leadership group, the Asia Pacific global markets equity management committee, and the Australian management committee. Prior to joining Credit Suisse, Davis was a senior executive with Western Union Australasia. Before ...