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Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
... Sayles is a leading name in fixed income. She noted that the strategy is popular with institutional clients and has a long track record of delivering fixed income solutions that meet investment objectives without excessive risk. "With interest rates ...

Budget 2024: Change to foreign investment rules

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... evolved at the same time as competition for global capital is becoming more intense." Chalmers said Australia has a strong track record of attracting investment into the country but "we cannot be complacent". "Our reforms will make Australia a more attractive ...

Budget 2024: Chalmers looks to reset aged care, NDIS

JAMIE WILLIAMSON  |  TUESDAY, 14 MAY 2024
... Albanese government is investing $2.2 billion to reform the aged care sector and close to $500 million to put the NDIS back on track. The government has said it will invest $531.4 million to offer an additional 24,100 Home Care Packages next financial ...

Pacific Current sells stake in investment firm to Goldman Sachs

ELIZA BAVIN  |  TUESDAY, 14 MAY 2024
... next phase of the firm's growth. "With additional capital and a value-add partner, we look forward to extending our strong track record, while continuing to develop the culture and team that have contributed to our success," he said. Co-head of Goldman ...

The top investment funds over the past year

ANDREW MCKEAN  |  FRIDAY, 10 MAY 2024
The top-performing investment funds for the year ending March 31 have been announced, with all being ETFs focused on international equities. The BetaShares Crypto Innovators ETF (ASX: CRYP), with $158 million in net assets, led the pack with a 163.8% ...

Perennial Partners takes over Australian Unity fund

ANDREW MCKEAN  |  WEDNESDAY, 8 MAY 2024
... solid foundation we've established for the Future of Healthcare Fund over the past four years and its strong performance track record. While we're transferring management rights to Perennial, Australian Unity remains a significant investor in the fund ...

HESTA names chief financial officer

ELIZABETH FRY  |  TUESDAY, 7 MAY 2024
... and after an extensive selection process, she is thrilled to welcome her permanently to HESTA's executive team. "Her track record and skill in delivering strong commercial results, developing financial strategy, driving innovation, and building talented ...

Dexus completes $300m raising

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... successfully raised more than $300 million for a first close of its second dedicated real estate opportunity fund, putting it on track to raise up to $1 billion in equity. The Dexus Real Estate Partnership 2 (DREP2) fund is the second in a series of ...

Blue Owl hires from Fidelity for APAC private wealth lead

ELIZA BAVIN  |  TUESDAY, 7 MAY 2024
... within APAC for private wealth solutions for the region's sophisticated investors. "Blue Owl's impressive investment track-record, reputation and dedicated APAC teams provide a competitive advantage in an increasingly crowded market," Santer said. ...

Performance test needs better metrics, durability

KARREN VERGARA  |  MONDAY, 6 MAY 2024
The superannuation performance test has several shortcomings that must be addressed in Treasury's latest round of consultation so it is fair and sustainable, the Actuaries Institute Summit heard. Mercer associate Kieran Chu said while the Your Future ...
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