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Showing 1271 - 1280 of 7723 results for "Currently"

Challenger Life books record annuity sales

KARREN VERGARA  |  TUESDAY, 15 AUG 2023
... During the period, Hamilton said deepening relationships with institutional investors was a key focus. The group is currently partnered with 25 super funds. "Challenger sees partnerships with super funds as a key growth opportunity and has been engaging ...

MFS appoints new country head

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... appointed Josh Barton as managing director and head of Australia and New Zealand, replacing Marian Poirier. Barton is currently responsible for leading the firm's sales efforts involving institutional investors in Australia and New Zealand and will take ...

Franklin Templeton launches alternatives fund in Australia

CASSANDRA BALDINI  |  TUESDAY, 15 AUG 2023
... mitigating risks. It is overseen by head of direct trading and quantitative strategies Paul Fraynt. Incepted in April, it currently has total net assets of $0.99 million. "We chose to bring this fund to market to provide access for Australian investors ...

Equity Trustees combines super, trustee arms

JAMIE WILLIAMSON  |  FRIDAY, 11 AUG 2023
... objectives and vision to be Australia's leading trustee services provider," O'Brien said. Under the changes, Russell Beasley, currently executive general manager, corporate trustee services, will instead serve as deputy executive general manager, fund ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... valued at approximately $2 billion. The fund, established in 2016, has now reported a total return of 10.75% per annum. Currently, it manages 29 healthcare properties, and Barwon has plans to raise more than $300 million in capital over the next year ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... Commonwealth's tenth largest expenditure, incurring an annual interest cost of $10 billion. "The $250 billion of capital currently managed by the Future Fund has an opportunity cost, the cost of debt, which is borne by the budget," said Burshtein. ...

Newmark Property REIT delivers mixed bag

CHLOE WALKER  |  WEDNESDAY, 9 AUG 2023
... perform strongly, demonstrated by the portfolio's 100% occupancy and strong underlying income growth. The portfolio currently consists of nine large format retail properties located across the eastern seaboard of Australia. Its top five tenants include ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
... said. Hejaz is aiming to attract over 3500 members, managing around $200 million in assets, within the next three years. Currently, the company onboards an average of 120 members per month to its existing superannuation products through advisers, while ...

Treasury kicks off managed investment scheme reforms

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... self-managed superannuation funds). One area the review will consider is the appropriate threshold for wholesale clients. Currently, under the product value test, a client who invests in a financial product worth $500,000 or more is considered a wholesale ...

Cbus appoints new head of portfolio strategies

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... Chatfield said: "This is a key appointment to assist in accelerating the fund's internal equities capability, which currently manages around $7.7 billion in fundamental strategies, and we are delighted to secure Leigh for this role." "Leigh is highly ...