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Showing 2061 - 2070 of 22130 results for "Tim"

Australian Retirement Trust delivers 11.3% in FY24

KARREN VERGARA  |  MONDAY, 1 JUL 2024
Australian Retirement Trust (ART) returned 11.3% p.a. for its High Growth option for the 2024 financial year. ART head of investment strategy Andrew Fisher told Financial Standard that equities over the last two years have been "surprisingly resilient ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
AIA Australia has launched a new member insurance portal that enables group insurance customers to track their claims throughout the lifecycle. The portal promises real-time updates on claim statuses. It also offers features such as instant document ...

New boutique launches private debt fund

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Nero Private - a newly established boutique non-bank credit firm - has launched its first private debt fund, aimed at supporting Australian small and medium-sized enterprises (SMEs) while offering investors stable returns. Nero Private invests in credit-vetted ...

Stafford Capital wins $569m mandate

ELIZA BAVIN  |  MONDAY, 1 JUL 2024
Stafford Capital Partners announced it has been selected as a manager for the ACCESS Pool in global core timberland, and as ACCESS' sole global impact timberland manager. The initial size of the ACCESS timberland mandate is around £300 million ($569 ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Mirvac finalised the sale of the Aspect South Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ...

New recruits top advice industry priority: FAAA

KARREN VERGARA  |  FRIDAY, 28 JUN 2024
The industry is urgently prioritising the recruitment of new advisers as those who remain bear the brunt of paying heftier levies that aggravate the costs of running a business and puts financial advice further out of reach for Australians. The latest ...

PGIM expands APAC team with local hire

ELIZABETH FRY  |  FRIDAY, 28 JUN 2024
PGIM has added a former MLC Asset Management executive to its private alternatives team in the Asia Pacific. The US$1.3 trillion asset management business of Prudential Financial has appointed Dan Greyling as vice president - APAC business development ...

APRA: RSE licensees show 'common areas of weakness'

ELIZA BAVIN  |  FRIDAY, 28 JUN 2024
The Australian Prudential Regulation Authority (APRA) has issued a letter to all registrable superannuation entity (RSE) licensees sharing the initial observations from its targeted thematic review of the superannuation industry's preparedness for ...

Australian wealth rises to $16.2tn

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
... equity contributed an additional 0.4 percentage points to the quarterly growth in household wealth. Capspace managing director Tim Keith said Australians are stockpiling their wealth in residential property, raising the need for Australians to diversify ...

Unprecedented vulnerabilities in financial services: KPMG

ANDREW MCKEAN  |  THURSDAY, 27 JUN 2024
KPMG specialists say disruptive technologies, particularly generative AI, and the imperative to automate, are exposing financial services executives to unprecedented vulnerabilities. In Australia, KPMG partner Matt O'Keefe noted that heightened customer ...