Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1261 - 1270 of 29036 results for "PRI"

Norway sovereign wealth fund divests 11 Israeli companies, cuts mandates

KARREN VERGARA  |  TUESDAY, 12 AUG 2025
Norway's US$2 trillion sovereign wealth fund has severed ties with 11 Israeli companies and is in the process of terminating mandates with external managers based in Israel. The sovereign wealth fund's manager, Norges Bank Investment Management ...

IFM Investors enters student accommodation arena

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
IFM Investors is dipping its toes into the student accommodation sector, acquiring assets at Curtin University from InfraRed Capital Partners. Marking its entry, IFM will acquire the Curtin University Student Accommodation project via Infranexus, its ...

Pacific Equity Partners takes stake in data centres

JAMIE WILLIAMSON  |  TUESDAY, 12 AUG 2025
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 ...

HESTA to lower insurance fees

ELIZA BAVIN  |  TUESDAY, 12 AUG 2025
HESTA it will reduce fees for insured members on their current levels of cover after re-appointing AIA Australia as its insurance partner. HESTA chief executive Debby Blakey said the renewed partnership demonstrated the fund's commitment to providing ...

RBA cut 'highly likely', but caution remains

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Economists and experts are anticipating another interest rate cut to be delivered by the Reserve Bank of Australia (RBA) at its August meeting tomorrow. T. Rowe Price co-portfolio manager of the dynamic global bond strategy Scott Solomon said unlike ...

New Challenger IM notes seek to raise $350m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Challenger Investment Management will launch a floating rate note on the ASX in a bid to raise $350 million that will be invested in private credit strategies. Challenger IM LiFTS 1 Notes, which will list under the ticker code CIMHA, offer a fixed term ...

Superannuation fraudster sentenced to prison

ELIZA BAVIN  |  MONDAY, 11 AUG 2025
Former property developer Michael Steele was sentenced to eight years' imprisonment after using money invested for a commercial and residential property development on the Gold Coast for his own and the benefit of family members. Steele was sentenced ...

Iress deputy chief made redundant, takeover talks confirmed

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Iress has made the role of deputy chief executive redundant as it confirms it is in takeover talks with private equity firms Blackstone and Thoma Bravo. The ASX-listed company this morning announced that deputy chief executive Harry Mitchell will exit ...

NGS Super aligns leadership team for growth

MATTHEW WAI  |  MONDAY, 11 AUG 2025
NGS Super is welcoming a new chief risk officer as the incumbent becomes chief financial officer, and two other executives take on new titles. Fotine Kotsilas has become NGS Super's chief risk officer, bringing over 25 years of experience across life ...

CFS prices advice practice valuation gap at $1.1m

KARREN VERGARA  |  MONDAY, 11 AUG 2025
Financial advice businesses have an estimated $1.1 million valuation gap, a new survey from Colonial First State (CFS) shows, as most advisers are not prepared for the planned and unplanned sale of their practices. The Hidden Value Report, produced ...