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Showing 121 - 130 of 1325 results for "valuation"

Merricks Capital funds $465m Sydney development

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
The $465 million agreement, funded by Merricks Capital, will allow Milligan Group to acquire one of Sydney's last remaining CBD sites. Milligan Group plans to construct a 55-storey mixed-use commercial tower on the corner of Pitt and Hunter Streets ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... sector overall, but still remain cautious when it comes to midcap financial equities. "We favour banks with meaningful valuation support and a diverse deposit base, and we are avoiding banks with credit risk as these are more exposed to recession risk," ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... services firms, according to an industry broker. Centurion Market Makers' newly released Practice acquisition sale & valuation guide reveals that the demand for premium fee-based client books is increasing, as a firm with 100 or so clients based in the ...

Unpopular funds garner higher returns: Research

CHLOE WALKER  |  THURSDAY, 9 MAR 2023
According to a recent Rainmaker study, investors in international equities are making more money when they invest in products that are in net outflows. The analysis saw Rainmaker compare returns achieved by international equities products, calculated ...

Pengana establishes capital markets arm, hires

CASSANDRA BALDINI  |  MONDAY, 20 FEB 2023
Pengana Capital Group has launched a new, dedicated capital markets division and appointed Philip Schofield to head it up. Schofield will be the managing director of the new Pengana Capital Markets division which aims to connect sophisticated investors ...

AOF sells Sydney property for $80m

JAMIE WILLIAMSON  |  FRIDAY, 17 FEB 2023
... property for $80.75 million. The sale price for 5 Eden Park Drive represents a 1% premium to the June 2022 independent valuation of $80 million, Australian Unity said. The sale is expected to settle in March and, upon completion, will leave the AOF with ...

Knight Frank, Berkadia form international alliance

CHLOE WALKER  |  THURSDAY, 16 FEB 2023
... "Berkadia's depth of industry knowledge and experience will flow seamlessly with Knight Frank's vast global network and valuation expertise to shift out transaction life cycle into high gear." Knight Frank national head of capital markets Australia Justin ...

Lazard Asset Management slashes fund fees

CHLOE WALKER  |  MONDAY, 13 FEB 2023
... that 2022 was an exceptional year for the firm's Australian equity team, "as their patience in sticking with their valuation discipline during the later stages of the growth/momentum boom was rewarded." "For more than 20 years, our Australian equity ...

Value companies to outperform in 2023: VanEck

ANDREW MCKEAN  |  THURSDAY, 9 FEB 2023
VanEck portfolio manager Cameron McCormack forecasts a bright outlook for value companies in 2023, particularly among Australian equities. "We think value companies are likely to outperform in 2023," McCormack said. "We're entering a period that echoes ...

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
Macquarie Group has attributed strong FY23 earnings to varied market conditions and diversity in its activities. Reporting to the ASIX, the group said net profit after tax (NPAT) for the three months to 31 December 2022 (3Q23) was "slightly" up on the ...