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Showing 1181 - 1190 of 7590 results for "Currently"

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... class, where there is headwinds and softness, it's often the best time to be taking advantage of opportunities." Currently, Cbus has elevated levels of cash due to its defensive stance across its portfolio, readying to seize new prospects as they ...

HESTA dumps Link as administrator

JAMIE WILLIAMSON  |  FRIDAY, 30 JUN 2023
... will not be renewing its contract again. Instead, the $72 billion industry fund has signed on with GROW Inc., which currently serves as administrator to its Mercy Super division following the two funds' merger in December 2022. The transition is expected ...

Nuveen, Commonwealth Private partner to launch REIT

CASSANDRA BALDINI  |  FRIDAY, 30 JUN 2023
... properties with total assets valued at US$2.83 billion, a leverage ratio of 15.85%, and a 98% occupancy rate. Nuveen currently has US$1.1 trillion in assets under management. Its managing director and head of Australia Andrew Kleinig said it's been ...

ASX provides clarity on CHESS replacement

CHLOE WALKER  |  THURSDAY, 29 JUN 2023
... letter to Committee chair Senator Deborah O'Neill, the ASX provided an update on the solution option assessment process currently underway in the lead up to its board decision making, which is expected in the fourth quarter of the year. Over the course ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... that he will not extend the temporary levy relief for advisers that was in place in 2020-21 and 2021-22. The levy is currently set at the 2018-19 level of $1142 per adviser. Jones also proposed updating the industry fund model as a whole, the majority ...

Anti-hawking laws could dampen super fund advice: Academic

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... the product. "It is hardly surprising that many trustees do not want to take the risk," he said. Not all super funds currently offer intra-fund advice. Trustees without a licence to provide personal advice can include lifetime pensions in their own superannuation ...

MSCI ponders reclassifying Nigeria, Egypt

JAMIE WILLIAMSON  |  MONDAY, 26 JUN 2023
... reclassifying the MSCI Nigeria Indexes until September end, with a view to release the results the following month. Nigeria is currently classified as a Frontier Market. MSCI said FX liquidity issues have continued to impact the accessibility of the ...

Investors trust ChatGPT for advice

KARREN VERGARA  |  MONDAY, 26 JUN 2023
... they implement and rebalance accordingly," they said. AML Group senior strategist Sarah Nunneley said while ChatGPT is currently not regulated, its perceived promise as a source of advice in the future across age groups is remarkable. "This is most significant ...

ISA welcomes back former chair

CASSANDRA BALDINI  |  MONDAY, 26 JUN 2023
... public boards including, Australian Institute of Health & Welfare, Legal Aid Commission of NSW, Cancer Institute, and currently Nepean Blue Mountains Local Health District. Commenting on the appointment, Collins said he is honoured to once again be leading ...

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
... healthcare infrastructure to meet the needs of rapidly growing communities. "Population growth in the City of Melton is currently outstripping all other areas in Victoria, recording a 6.4% increase from 2021 to 2022," Plant said. "This isn't expected ...