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Showing 1281 - 1290 of 3163 results for "Owner"

NZ Super Fund invests in hotels

KANIKA SOOD  |  MONDAY, 15 JUL 2019
The $40 billion New Zealand Super Fund is investing $287 million in the country's hotels, starting with three properties in Auckland and Christchurch. The portfolio was established by Russell Group and Lockwood Property Group. It includes Four Points ...

JP Morgan-linked ship in US $1bn drug bust

KANIKA SOOD  |  MONDAY, 15 JUL 2019
... cocaine on board. On July 12, the US Attorney's office secured $10 million in cash and $40 million surety bond from the owner and operator of the vessel in exchange of its temporary release pending a final resolution in the case. Financial Standard ...

Average Australian is a millionaire: ABS

ELIZABETH MCARTHUR  |  MONDAY, 15 JUL 2019
According to the Australian Bureau of Statistics, the average household wealth in Australia passed the $1 million mark in 2017-2018. The ABS said wealth in Australia has risen 37% in the last decade. ABS chief economist Bruce Hockman explained that ...

Coolabah buys retail fund manager stake

KANIKA SOOD  |  THURSDAY, 11 JUL 2019
Christopher Joye's Coolabah Capital Investments is taking full ownership of a retail fund management business it developed as a joint venture with Yellow Brick Road. Smarter Money Investments offers fixed income and cash strategies managed by Coolabah. ...

ESG options outperform in the short term: Research

KARREN VERGARA  |  THURSDAY, 11 JUL 2019
Investment options managed according to socially responsible, ethical or sustainability principles tend to outperform in the short-term, new superannuation research shows. Rainmaker's latest Roundup report, which analysed 139 multi-manager, strategic ...

New strategic advisory lead at Willis Towers Watson

ELIZABETH MCARTHUR  |  THURSDAY, 11 JUL 2019
... firm's strategy for assisting asset owners. "Strategic advisory is particularly relevant in the context of the evolving asset owner community in Australia," Goss said. "As the funds and their internal teams merge and grow we are able to help them ...

JANA hires operations lead, boosts workforce

KARREN VERGARA  |  FRIDAY, 5 JUL 2019
Asset consultant JANA has recently welcomed a new head of operations and made a raft of appointments in a bid to boost its footprint. John Montague joined the Melbourne-based firm in the newly created role after working as a consultant for the past ...

Private wealth firm adds partner

KARREN VERGARA  |  THURSDAY, 4 JUL 2019
Cardena Private Wealth has promoted a long-serving financial adviser to partner. Tom McDonald was named partner after joining the Sydney-based firm more than 10 years ago. Prior to Cardena, McDonald was also a financial adviser at Arrive Wealth Management. ...

Boutique advice firms merge

ELIZABETH MCARTHUR  |  THURSDAY, 4 JUL 2019
... firm that had the infrastructure I was after. Minchin Moore has that infrastructure," Gross said. "I wanted to remain an owner in my own business so I could continue to grow my own asset value, and the partnership structure at Minchin Moore allows for ...

Australians rapidly gaining wealth: Roy Morgan

ELIZABETH MCARTHUR  |  WEDNESDAY, 3 JUL 2019
... hold 12.3% more wealth than women; in 2007 they held 27.4% more. Roughly half of Australians' personal wealth is held in owner occupied housing in 2019 at 49.8%, that's only slightly down from the pre-GFC rate of 51.6%. Roy Morgan chief executive Michele ...