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Showing 1401 - 1410 of 10550 results for "Close"

UniSuper partners to buy Tasmanian timber plantation

RACHEL ALEMBAKIS  |  THURSDAY, 5 OCT 2023
UniSuper and a consortium of European pension funds have acquired a Tasmanian forestry estate from a New Forests managed fund. UniSuper, the UK's Pension Protection Fund (PPF), and APG Asset Management N.V (APG) on behalf of its Dutch pension fund client ...

Insto injects further $530m in Qualitas

KARREN VERGARA  |  TUESDAY, 3 OCT 2023
An unnamed institutional investor has injected an additional $530 million into a Qualitas strategy, bringing it closer to its total $1 billion commitment. Qualitas' Private Income Credit Fund (QPICF) now has $750 million in total. Qualitas said that ...

MA Financial boosts fund with $20m acquisition

CASSANDRA BALDINI  |  TUESDAY, 3 OCT 2023
... group purchased the two new marinas from Marprop Real Estate Investors founder and managing director James Marshall. The close-ended fund offers exposure to Australia's largest marina networks across the eastern seaboard, MA Financial said. This includes ...

Global insurers eye private markets, clean energy: BlackRock

ANDREW MCKEAN  |  FRIDAY, 29 SEP 2023
... inflation concerns, with 71% of respondents citing it as the biggest economic surprise for the second consecutive year. Close behind, 59% flagged recession risk as their primary macroeconomic concern. Over half of insurers (55%) foresee potential vulnerabilities ...

Australia's wealth gap deepens: Report

CHLOE WALKER  |  WEDNESDAY, 27 SEP 2023
... supports. However, during 2021-22, the removal of these income supports largely reversed this trend, restoring income inequality close to its pre-COVID level. The average income of the lowest 20% fell by 3.5%, compared with 0.5% for the middle 20%, and ...

Praemium secures Mercer mandate

CASSANDRA BALDINI  |  WEDNESDAY, 27 SEP 2023
... agreement, Mercer will receive end-to-end integrated portfolio administration and reporting services through Praemium. Initially, close to 400 client portfolios will be administered by the platform provider, Praemium said. Further, the partnership will ...

Qantas Super confirms merger plans

JAMIE WILLIAMSON  |  MONDAY, 25 SEP 2023
Having reviewed its current scale and potential for growth, the $8.4 billion superannuation fund has confirmed it intends to explore merger options. Following speculation last week, Qantas Super said the board has reviewed the fund's size, growth ...

HMC Capital reaches first close on fund

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
... it's on track to achieve a $10 billion in committed AUM target by the end of 2023. "We are delighted to reach first close and welcome a number of top tier major new strategic capital partners for the Healthcare and Life Sciences Unlisted real estate ...

GPT appoints Charter Hall executive as new chief

CASSANDRA BALDINI  |  MONDAY, 25 SEP 2023
GPT Group (GPT) has appointed former Charter Hall chief financial officer Russell Proutt as its chief executive and managing director. Proutt is set to take over from Bob Johnston and will officially assume the top position by 25 March 2024. In the ...

APRA moves to ensure improved member outcomes

ANDREW MCKEAN  |  FRIDAY, 22 SEP 2023
APRA is updating Prudential Standard 'Strategic Planning and Member Outcomes' (SPS 515) to enhance member outcomes in superannuation, including requiring trustees to justify business-related expenses. The regulator's changes seek to align expenditure ...