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| | | August is a season for reporting - and board appointments. Three major super funds ART, Aware and Brighter Super announce their latest additions. At Australian Retirement Trust (ART), multiple chair appointee Anthony Lynham will join the board on August ... |
| | | | With its alternatives portfolio leaping from $150 million to $9 billion within 10 years, LGT Crestone has recruited an alternatives specialist from Escala Partners to join the group. LGT Crestone, a wealth manager with more than $600 billion in client ... |
| | | | AMP continues to expand its North platform business with the appointment of a top sales manager. Amanda Trenfield joins North as senior manager, asset consultant partnerships. Trenfield boasts over 20 years of experience in launching and supporting ... |
| | | | ASIC is reviewing the need for superannuation funds to include stamp duty payments in fee disclosures in a bid to boost their investment in property. Super funds have long held concerns that obligations under Regulatory Guide 97: Disclosing fees and ... |
| | | | EQT is selling Nexon Asia Pacific, acquired via its EQT Mid-Market Asia III fund in 2019, to Adamantem Capital. The transaction fees were undisclosed, and it is pending customary conditions and approvals. Founded in 2000, Nexon is a digital and IT services ... |
| | | | As widely anticipated, the Reserve Bank of Australia (RBA) delivered a 0.25% interest rate cut at the August meeting, bringing the official cash rate down to 3.6%. The RBA board noted that the easing in inflation alongside a softening in the labour ... |
| | | | In its fourth of five papers addressing productivity hurdles in Australia's economy ahead of the government's Economic Reform Roundtable, the Productivity Commission (PC) has recommended paring back some of the entry requirements that have impacted ... |
| | | | Following its launch earlier this year, ETF Shares has selected Apex Group to provide end-to-end fund administration and custodian services. ETF Shares was launched only a few months ago, co-founded by chief executive Cliff Man, chief investment officer ... |
| | | | Cbus, MLC and AMP Super have contributed to a $400 million capital raise for Atmos Renewables, which will support two landmark developments and the creation of some 70 jobs. Atmos was acquired by First Sentier's Igneo Infrastructure Partners in March ... |
| | | | Pacific Equity Partners will buy 75% of Spark New Zealand's data centre business. The investment is being made via the PEP Secure Asset Fund, and the transaction values the business at up to $705 million. All of Spark's data centre assets and operations ... |
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