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Showing 1921 - 1930 of 11511 results for "DIV"

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and ...

Aware Super returns 10.7% for FY23

CASSANDRA BALDINI  |  FRIDAY, 7 JUL 2023
The super fund delivered 10.7% to members sitting in its default MySuper Lifecycle option, with investment chief Damian Graham saying a pivot away from certain unlisted asset sectors proved the right call. Aware's default MySuper option is a lifecycle ...

Ignition Advice appoints chief platform, technology officer

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
Ignition Advice has strengthened its global executive team with the appointment of Enda Mahoney as chief platform and technology officer. He will be based in Sydney and report to Ignition Group chief executive Terry Donohoe. In the newly created role ...

HESTA generates 9.59% investment return

ANDREW MCKEAN  |  THURSDAY, 6 JUL 2023
HESTA has delivered a 9.59% return for its balanced growth investment option. The balanced growth investment option, which most of the industry fund's one million members are invested in, was buoyed by strong equity market performance, bolstered by ...

iPartners launches property credit fund

KARREN VERGARA  |  THURSDAY, 6 JUL 2023
The alternatives fund manager has launched a strategy to wholesale investors that targets secured real estate loans located in Australia and New Zealand. iPartners' Property Credit Fund is capped at a $50 million raise before first close, with iPartners ...

AustralianSuper posts solid return for FY23

ANDREW MCKEAN  |  WEDNESDAY, 5 JUL 2023
AustralianSuper has posted an 8.22% return for its balanced investment option. Of note, the Rainmaker MySuper performance index benchmark is likely to yield a return around 9%. AustralianSuper chief investment officer Mark Delaney said that the fund ...

Global X launches commodities ETF

CHLOE WALKER  |  WEDNESDAY, 5 JUL 2023
Global X launched its first broad-based commodity ETF down under, the Bloomberg Commodity ETF (BCOM). BCOM tracks the Bloomberg Commodity Index 3-Month Forward Excess Return, offering investors access to both soft and hard commodities such as grains ...

Wage increases shouldn't equal rate hikes

CASSANDRA BALDINI  |  TUESDAY, 4 JUL 2023
Former Labor MP Stephen Conroy has vetoed the idea that wage increases should drive further hikes and said the Reserve Bank of Australia (RBA) is looking to put the nail in the coffin of the Australian economy. In an interview with Sky News ahead of ...

Cadence secures $55m for new fund

CHLOE WALKER  |  TUESDAY, 4 JUL 2023
Cadence Property Group (Cadence) has completed the capital raise for its first multi-asset value-add fund, the Cadence Australian Real Estate Partnership I (CAREP), as well as making its first acquisition. The $13.9 million purchase of an industrial ...

ART delivers 10% for members

KARREN VERGARA  |  TUESDAY, 4 JUL 2023
Despite the lull in the property and private equity sectors, Australian Retirement Trust (ART) handed in a 10% return for its balanced option following a bumper share market revival. The Super Savings Balanced, which most of the ART's 2.2 million ...