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Showing 1561 - 1570 of 10705 results for "May 2011"

Australian Unity kicks off capital raise

CHLOE WALKER  |  TUESDAY, 7 MAR 2023
Australian Unity's Healthcare Property Trust (AUHPT) has reopened for a limited time to seek to raise $350 million for its upcoming acquisitions and developments. The $3.8 billion unlisted healthcare fund, which was was launched in 1999 with a portfolio ...

Challenger launches $250m unsecured note offer

ANDREW MCKEAN  |  TUESDAY, 7 MAR 2023
Challenger Limited has launched a $250 million offer of Challenger Capital Notes 4, a new type of unsecured note, to boost capital. The offer, which includes both a New Money Offer and a Reinvestment Offer, will be used to fund a subscription for Additional ...

Allan Gray transfers platform, exits super

JAMIE WILLIAMSON  |  MONDAY, 6 MAR 2023
Allan Gray Australia is exiting the platform market, inclusive of its superannuation offering, to focus on its core funds management business. Effective April, Allan Gray will transfer the Allan Gray Solutions platform to OneVue Wealth Services. The ...

UHNWs wealth in decline: Report

CHLOE WALKER  |  THURSDAY, 2 MAR 2023
Challenging markets saw most ultra-high-net-worth individuals' (UHNWI) wealth decline last year, with their collective wealth globally falling by 10% or $14.9 trillion, according to Knight Frank's 2023 Wealth Report. The report, now in its 17th ...

Australian dividends surge in 2022: Report

CASSANDRA BALDINI  |  WEDNESDAY, 1 MAR 2023
Australian dividends rose to a new record last year and investors reaped the benefits taking home a collective $97.7 billion in payouts. According to Janus Henderson, the increase was complemented by an 8.4% rise in global dividends which grew strongly ...

Super tax break crackdown to hit $410bn in savings

ANDREW MCKEAN  |  WEDNESDAY, 1 MAR 2023
Rainmaker Information estimates the $3 million superannuation cap would impact $410 billion of savings for around 100,000 Australians. Although only a small proportion of Australians hold $3 million or more in superannuation, they own a disproportionately ...

FPA and AFA set to merge

KARREN VERGARA  |  TUESDAY, 28 FEB 2023
The two major advice associations will merge to create the Financial Advice Association of Australia as voted by members today. Members of the Association of Financial Advisers (AFA) and Financial Planning Association of Australia (FPA) overwhelmingly ...

Optimum Pensions urges super trustees to insure mortality risk

ANDREW MCKEAN  |  TUESDAY, 28 FEB 2023
Optimum Pensions has urged super trustees to insure life expectancy and mitigate mortality risk to meet Retirement Income Covenant objectives. Optimum Pensions' ' The difference between insured and uninsured retirement products ' whitepaper said trustees ...

Countplus grows advice arm, discontinues Wealth Axis

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
Countplus reported growth in advisers of 13% in the first half and a 17% increase in wealth segment revenues, while also announcing it will discontinue Wealth Axis' operations. Filing its 1H23 results with the ASX this morning, Countplus' revenues were ...

Diverger highlights M&A progress, pipeline

JAMIE WILLIAMSON  |  MONDAY, 27 FEB 2023
In reporting its half-year results, Diverger reinforced its commitment to inorganic growth, saying a 13% drop in profits is owed, among other things, to investment in its FY25 strategy. Diverger reported underlying profit of $2.93 million, citing lower ...