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Showing 1251 - 1260 of 12429 results for "General"

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... investors with long term stable and risk adjusted returns," he said. Australian Unity chief investment officer and executive general manager Joe Fernandes said the group is excited by this opportunity to create a combined fund that benefits investors ...

Allegro unveils PwC entity as Scyne Advisory

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
Embattled PwC's Australian public sector advisory business will remerge as Scyne Advisory following its takeover from private equity firm Allegro Funds. Allegro funds confirmed the new business, which it acquired for $1, will be fully independent ...

Cadence secures $55m for new fund

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
Cadence Property Group (Cadence) has completed the capital raise for its first multi-asset value-add fund, the Cadence Australian Real Estate Partnership I (CAREP), as well as making its first acquisition. The $13.9 million purchase of an industrial ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
Despite the lull in the property and private equity sectors, Australian Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million ...

Technology top threat to company culture: Report

CASSANDRA BALDINI  |  MONDAY, 3 JUL 2023
New and emerging technology is the biggest threat to company culture within financial services firms, more than 60% of senior leaders say. According to a report by Allen & Overy (A&O Consulting), Organisational culture in financial services, 62% of ...

E&P appoints new chief executive

KARREN VERGARA  |  FRIDAY, 30 JUN 2023
E&P Financial Group named a new chief executive as the incumbent announces his resignation after four years at the helm. Peter Anderson, who is also managing director, is to step down on December 31. He will be replaced by head of E&P capital Ben Keeble. ...

More pension funds, insurers impacted by MOVEit mass-hack

JAMIE WILLIAMSON  |  TUESDAY, 27 JUN 2023
... including social security details - accessed. Meanwhile, Wilton Reassurance Life Company of New York notified the Attorney General of Maine that the information of 1.48 million customers was stolen. In some good news, the Sacramento County Employees' ...

Jones lifts adviser levy freeze, updates funding model

KARREN VERGARA  |  TUESDAY, 27 JUN 2023
... example, ASIC investigates an individual suspected of providing unlicensed personal financial advice but also advises on general insurance products based on time spent by staff of 30% versus 70% respectively, the same cost-recovery ratio will apply to ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
... 2022-23. The legislation also replaces the existing asset-based rules with earnings-based interest limitation rules for general class investors, along with the introduction of a new third-party debt test. Previously, the safe harbour test allowed entities ...

ISA welcomes back former chair

CASSANDRA BALDINI  |  MONDAY, 26 JUN 2023
... Sydney Financial Forum. He has also had a 22-year-long career with the NSW Parliament, serving as s treasurer, attorney general, health and arts minister as well as as leader of the opposition. Collins has chaired several public boards including, Australian ...