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Showing 161 - 170 of 295 results for "Property funds"

Local super funds see potential in offshore property

ELISE BURGESS  |  FRIDAY, 6 MAY 2011
... high Australian dollar to buy property overseas where the local currency may soon recover. Australian open-ended property funds have encountered similar issues as those found in the report yet the institutional investors are finding a buying opportunity. ...

Insurance advice needs to pick up the pace

RACHEL DAVIS  |  WEDNESDAY, 13 APR 2011
... coverage is keeping pace with their changing business models. "While under-insurance is by no means confined to the property funds management industry, ADPIA considers that the issue is key for our members in today's changing environment. We encourage ...

Property funds urged to keep lid on gearing

MATT WOODINGTON  |  WEDNESDAY, 16 MAR 2011
Property investment portfolios should be geared at no higher than 30 per cent, according to real estate investment experts. Speaking at an IMCA seminar, both Leigh Gavin, senior consultant and head of property research at Frontier and Stephen Hiscock ...

ASIC withdraws property fund licence

MATT WOODINGTON  |  THURSDAY, 3 MAR 2011
Devgroup will wind up four property funds after ASIC revoked its financial services licence for failing to resolve ongoing breaches of licence conditions. The fund manager had been unable to meet net tangible assets and reporting obligations under the ...

SMSFs pour more into property

MATT WOODINGTON  |  THURSDAY, 10 FEB 2011
... it but you don't really understand it until it's magnified through the downturn. So gearing needs to be lower in property funds," said Richard Stacker, chief executive, Charter Hall Direct Property. "It's about understanding the cyclical nature of property ...

Aust Unity sets its sights on instos

RUTH LIEW  |  MONDAY, 24 JAN 2011
... is expected to be the weakest performer over the near term. Australian Unity Investments specialises in unlisted property funds, directly managing property assets in the healthcare, retail, industrial and office property sectors. The firm's property ...

Over Fifty becomes Centuria

ELISE BURGESS  |  MONDAY, 29 NOV 2010
... works for some time, the conditions are now right after a profitable year, with the group recently increased its property funds under management by 30 per cent to $920 million. Centuria's full-year net profit after tax for FY2010 was approximately $6.32 ...

ASIC strikes back in Opus dispute

JOHN MCDULING  |  FRIDAY, 22 OCT 2010
... with the Net Tangible Asset requirement of the AFS licence" Opus Capital is the responsible entity for 14 unlisted property funds. At the end of the March quarter, the company had almost $530 million in funds under management (FUM) according to Rainmaker ...

Challenger buoyed by annuities, boutiques

JOHN MCDULING  |  TUESDAY, 19 OCT 2010
... $12 billion, following net inflows of $1.5 billion and the conversion of $3.1 billion in Australian equities and property funds previously managed directly by Challenger. According to a statement released by the company to the ASX yesterday, Challenger's ...

The ever-shrinking pool of property fund managers

JOHN MCDULING  |  FRIDAY, 15 OCT 2010
... concentrate the market even further. According to Rainmaker Information, at June 30th, the Australian wholesale property funds management industry manages more than $145 billion for investors, down from $184 billion in June 2008. The sector accounts ...