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Showing 241 - 250 of 1583 results for "valuation"

Hostplus nabs top JANA executive

ELIZABETH FRY  |  FRIDAY, 12 JUL 2024
The $110 billion industry fund that looks after hospitality workers has snared a senior property executive from JANA Investment Advisers. Chris Cawson jumped to Hostplus two weeks after the asset consultant lost its infrastructure head to the industry ...

ASX delistings outpacing new market entries

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
The latest EQT ASX Group Monthly Activity Report for June 2024 highlighted a significant trend of ASX delistings outpacing new market entries last financial year. The report suggested investors were increasingly pivoting towards private markets in search ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
The MLC MySuper growth portfolio has generated a 9.8% investment return for the financial year. The three and five-year returns for that option were 5.4% and 6.7% per annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov ...

HESTA returns 9.1% to members

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
HESTA's default MySuper balanced growth option has returned 9.1% over the last financial year. The option has averaged an annual return of 7.62% over the past 10 years. HESTA chief executive Debby Blakey said that despite ongoing uncertainty in financial ...

Dexus sells three assets for $383.2m

ELIZA BAVIN  |  THURSDAY, 27 JUN 2024
Dexus has announced that it has unconditionally exchanged contracts to sell three assets for a combined $383.2 million. The assets include a 50% interest Dexus held in 5 Martin Place, Sydney for $296.2 million, in which its 25% share was $148.1 million ...

Long-term optimism for APAC despite short-term hurdles

ANDREW MCKEAN  |  TUESDAY, 25 JUN 2024
The short-term outlook for APAC may appear cautious but long-term investors will remain attracted to the fundamental growth potential of the region's emerging markets, according to an Alternatives in APAC 2024 report from Preqin. Preqin analysts maintained ...

Morningstar reveals top three undervalued stocks

ELIZA BAVIN  |  MONDAY, 24 JUN 2024
... period. Dexus' stated net tangible assets (NTA) has declined materially since the pandemic and is now below our valuation." Morningstar said the high-quality portfolio should see Dexus perform better than most in the long term. "More than half the ...

Greece taps BlackRock FMA to build sovereign wealth fund

KARREN VERGARA  |  FRIDAY, 21 JUN 2024
... the National Investment Fund and that it will receive funding from the state and initially financed with 50% of the valuation of the water supply companies of Athens and Thessaloniki, EYDAP and EYATH. The fund will also invest mainly in the field of ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
... fund boards don't question valuations. In a letter to all RSEs, APRA reminded them of the need to have a robust asset valuation governance framework, after a survey it conducted in late 2023 showed funds, particularly small to medium-sized offerings ...

Dexus sees $1.3bn wiped from portfolio value

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
An external revaluation of the bulk of its assets estimates Dexus' book value has dropped some 9% in the last six months. In an update to investors, Dexus said recent draft external independent valuations have resulted in a total estimated drop of about ...