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Showing 211 - 220 of 923 results for "valuations"

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... and alternative debt strategies while managing fee budgets, transaction costs, liquidity budgets and accurate asset valuations as well as the fund's overarching macro view. "Distribution teams must have the skills to assess more complex assets in ...

Unlisted asset valuation flaws complicate comparison

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
Inherent flaws in unlisted asset valuations complicates the transparency of performance comparisons for superannuation fund members. Australian Retirement Trust chief investment officer Ian Patrick told the AIST Superannuation Investment Conference ...

Munich Re targets AMP over alleged reinsurance misconduct

ANDREW MCKEAN  |  WEDNESDAY, 23 AUG 2023
... contentious adjustment to Buyer of Last Resort (BOLR) terms. Its changes caused a marked reduction in the practice valuations of AMP Financial Planning advisers. In an ASX announcement, George said: "We have booked a $50 million provision in response ...

Earnings, profits down at Charter Hall

CHLOE WALKER  |  MONDAY, 21 AUG 2023
... group chief executive David Harrison said despite challenging conditions, FY23 maintained group FUM despite downward valuations driven by rising interest rates. "Property FUM grew $6.2 billion to $71.0 billion, and our operating earnings ex-transaction ...

Assembly launches second diversified fund

CHLOE WALKER  |  TUESDAY, 15 AUG 2023
... balancing risk during a period of great uncertainty." According to Gutman, this approach has led to ADPF1's property valuations increasing 14% as at June against a broader market that had declined. "History has shown that funds launched during a ...

ISPT to use SS&C performance measurement tool

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
... SS&C integrated ISPT's accounting book of records (ABOR) by onboarding all historical transactions and property valuations and reconciling data to the original source of truth. SS&C's user-defined attribution (UDA) tool, which lets users modify ...

AMP provisions $50m in response to class action

ANDREW MCKEAN  |  THURSDAY, 10 AUG 2023
... Last Resort (BOLR) rules, backing AMP Financial Planning advisers who protested against the decline in their business valuations from 4x to 2.5 recurring revenue. Due to this change, businesses like Equity Financial Planners and Wealthstone faced losses ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
... had 82 of its 105 investment properties independently valued during the year, with the remainder subject to internal valuations. "We have delivered on our strategic objective to further strengthen DXC's capital position via an expanded divestment ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
... storage, renewable gas generation, pre-consumer waste to renewable gas," he said. Similarly, Camu pointed out that recent valuations in digital infrastructure have been high, making it harder to invest in the space. "Those sectors keep on evolving so ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
... reinforcing the importance of superannuation funds to conduct more rigorous and frequent stress testing amid the fracas over valuations in the property sector. In updating Prudential Practice Guide SPG 530 Investment Governance (SPG 530), APRA expects ...