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Showing 1541 - 1550 of 6427 results for "PAC"

Charter Hall, Allianz Real Estate acquire assets

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Charter Hall Group has expanded its 50/50 joint venture with Allianz Real Estate with the acquisition of distribution centres. The Charter Hall Prime Industrial Fund and Allianz Real Estate have paid $281.5 million for two ALDI distribution centres ...

Westpac sells Pacific to PNG bank

ANNABELLE DICKSON  |  MONDAY, 7 DEC 2020
Westpac has announced the sale of Westpac Fiji and the majority stake of its operations in Papua New Guinea to Kina Securities. Kina Securities will pay $420 million for Westpac Fiji and 89.91% of Westpac PNG Limited which combined have net assets of ...

J.P. Morgan names new APAC equity strategy head

ELIZABETH MCARTHUR  |  MONDAY, 7 DEC 2020
J.P. Morgan has confirmed the appointment of a new chief Asia Pacific equity strategist. Jason Steed will step into the role, based in Sydney. Steed has been with J.P. Morgan for more than a decade. Prior to this latest promotion, he led the Australian ...

Chief economist update: Greed is good

BENJAMIN ONG  |  MONDAY, 7 DEC 2020
"The point is, ladies and gentlemen, that greed, for lack of a better word, is good. Greed is right. Greed works. Greed clarifies, cuts through, and captures the essence of the evolutionary spirit. Greed, in all of its forms, greed for life, for money ...

AMP Capital APAC managing director exits

JAMIE WILLIAMSON  |  FRIDAY, 4 DEC 2020
AMP Capital's managing director for the Asia Pacific region has departed as the investment giant realigns its focus. A spokesperson for AMP Capital has confirmed the exit of Craig Keary, saying the role of Asia Pacific managing director is no longer ...

We've done our part, now it's your turn: Lowe

ELIZA BAVIN  |  THURSDAY, 3 DEC 2020
Reserve Bank of Australia (RBA) governor Philip Lowe was forced to remind the Standing Committee on Economics that the RBA is not solely responsible for economic recovery and the federal government also needs to pitch in. Lowe explained that while the ...

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
Following the Australian Prudential Regulation Authority's (APRA) review into Westpac's risk governance, both parties have agreed to a court enforceable undertaking (CEU). The CEU requires Westpac to develop an integrated plan that incorporates ...

Acadian reduces fees

ELIZA BAVIN  |  WEDNESDAY, 2 DEC 2020
Acadian Asset Management has reduced fees for several of the funds it, and its parent company, manage in Australia. The asset manager said in addition to reducing base fees, all performance fees have also been removed. "As a result of the changes, the ...

Alternative asset manager expands to APAC

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
European firm Hayfin Capital Management has brought its presence to the Asia-Pacific region with the opening of an office in Singapore and has assigned a portfolio manager to lead the expansion. Glenn Clarke has been with Hayfin for nearly a decade ...

NAB names RBS alumnus as chief operating officer

ANNABELLE DICKSON  |  WEDNESDAY, 2 DEC 2020
National Australia Bank has appointed its chief executive's former colleague as chief operating officer. Les Matheson will return to Australia after spending six years as chief executive, personal and business banking (UK and Ireland) at Royal Bank ...