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Showing 111 - 120 of 825 results for "valuations"

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
... domain of private credit investors, Asia Pacific accounts for just 6% of the global market, Preqin head of APAC and valuations, research insights Angela Lai said. "It is a very small market share, and within that if you talk about funds that invest only ...

AMP challenges BOLR court ruling

KARREN VERGARA  |  WEDNESDAY, 27 SEP 2023
... Court's Buyer of Last Resort (BOLR) ruling that determined in favour of AMP Financial Planning advisers who saw the valuations of businesses slashed by 40%. AMP filed a Notice of Appeal in the Federal Court yesterday, challenging the decision handed ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... and alternative debt strategies while managing fee budgets, transaction costs, liquidity budgets and accurate asset valuations as well as the fund's overarching macro view. "Distribution teams must have the skills to assess more complex assets in ...

Unlisted asset valuation flaws complicate comparison

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
Inherent flaws in unlisted asset valuations complicates the transparency of performance comparisons for superannuation fund members. Australian Retirement Trust chief investment officer Ian Patrick told the AIST Superannuation Investment Conference ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... contentious adjustment to Buyer of Last Resort (BOLR) terms. Its changes caused a marked reduction in the practice valuations of AMP Financial Planning advisers. In an ASX announcement, George said: "We have booked a $50 million provision in response ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... group chief executive David Harrison said despite challenging conditions, FY23 maintained group FUM despite downward valuations driven by rising interest rates. "Property FUM grew $6.2 billion to $71.0 billion, and our operating earnings ex-transaction ...

Assembly launches second diversified fund

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... balancing risk during a period of great uncertainty." According to Gutman, this approach has led to ADPF1's property valuations increasing 14% as at June against a broader market that had declined. "History has shown that funds launched during a ...

ISPT to use SS&C performance measurement tool

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... SS&C integrated ISPT's accounting book of records (ABOR) by onboarding all historical transactions and property valuations and reconciling data to the original source of truth. SS&C's user-defined attribution (UDA) tool, which lets users modify ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... Last Resort (BOLR) rules, backing AMP Financial Planning advisers who protested against the decline in their business valuations from 4x to 2.5 recurring revenue. Due to this change, businesses like Equity Financial Planners and Wealthstone faced losses ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... had 82 of its 105 investment properties independently valued during the year, with the remainder subject to internal valuations. "We have delivered on our strategic objective to further strengthen DXC's capital position via an expanded divestment ...