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Stockland recruits AMP Capital real estate lead

CHLOE WALKER  |  MONDAY, 20 NOV 2023
... announced it is reshaping its business as it looks to execute its "evolved strategy." As part of this, O'Connor will join next week in the newly created role. She will be responsible for Stockland's owned investments and the growing capital partnership ...

Aussie investors optimistic about returns

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... including 1000 Australians. Despite the challenging investment landscape, 72% of Australians anticipate higher returns in the next 12 months compared to the previous year. Australian investors also expressed more confidence in their investment knowledge ...

Advisers turning to cash, fixed income: Data

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
... strategies. What's more, it found that 24% of advisers are planning to boost their allocation to cash and fixed income in the next 12 months, reaching the highest level in three years. One in five advisers aim to diversify their product usage, with ETFs ...

APAC looks to data-driven future: State Street

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... managers, 35 of them Australian. Of the respondents, APAC investors are the most optimistic about the data opportunity. In the next two to five years, APAC firms foresee data usage percolating across functions including IT/infrastructure and sales and ...

Nominations open in FS Sustainability Power50

RACHEL ALEMBAKIS  |  TUESDAY, 14 NOV 2023
... across a deep range of ESG and sustainability," FS Sustainability managing editor Rachel Alembakis said. "We expect that the next list will be even more exciting and feature a diverse set of people who live, breath and implement ESG from a variety of ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
... associated Fortnum, while providing a greater level of access for Australian Unity members and staff. "This is about the next phase of growth for a business we've built over 20 years. It will help ensure more Australians in future access high quality ...

Aussie banks deliver record profits in FY23

CASSANDRA BALDINI  |  TUESDAY, 14 NOV 2023
... investment and cost trade-offs and the potential for a more dramatic increase in credit losses. Doubling down on digital was its next forecast. PwC explained that banks must implement and leverage extensive technology transformations already in progress ...

Insurers drop allocation to risk assets: Research

CASSANDRA BALDINI  |  MONDAY, 13 NOV 2023
... the economic climate will prompt them to implement or plan strategic shifts in their asset allocation strategies within the next year. It said, over the next 12 months, 11% will decrease their allocation to Aussie equities, 14% will decrease global equities ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... engineer a stimulus to support this recessionary hard-landing scenario, which should come through in the second quarter of next year."

Australian Ethical backs infrastructure debt funds

RACHEL ALEMBAKIS  |  FRIDAY, 10 NOV 2023
... in Australia. The fund will provide senior debt finance to 6-8 battery projects with a total capacity of 1.5-2GW over the next few years. The Energy Transition Fund's first two investments are loans to the Neoen Capital Battery and Genex Bouldercombe ...