Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 2601 - 2610 of 29058 results for "PRI"

Equity Trustees names chief risk officer

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
Equity Trustees (EQT) has announced the appointment of Nevein Versace to the role of chief risk officer, set to begin September 23. She will replace the outgoing Owen Brailsford, who is set to leave the business after five years at the end of August. ...

Channel Capital launches European Private Credit Fund

ANDREW MCKEAN  |  TUESDAY, 20 AUG 2024
Channel Capital has launched the West Street European Private Credit Fund (AUD) for Australian wholesale investors. The asset manager's fund is an open-end unit trust that accesses Goldman Sachs Asset Management's European private credit strategy, which ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
QIC has beefed up its private equity team by promoting a swag of investment professionals as the $110 billion Queensland state-backed fund hunts for deals. The promotions include two new partners in the investor's London and San Francisco offices. ...

Iress earnings up 52% to $67m

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
Iress reported that its adjusted EBITDA increased by 52% to $67 million for the half-year ending 30 June 2024, compared to the same period in 2023. The financial services software company said the increase reflected "stable revenue" combined with "substantial ...

MLC Asset Management names director of institutional distribution

ANDREW MCKEAN  |  MONDAY, 19 AUG 2024
MLC Asset Management has appointed a director of institutional distribution and consultant relations. Former Schroders Investment Management head of intermediary sales Ian Anderson is the new hire. Anderson previously led a sales team at Schroders ...

Losses further sink Lendlease

KARREN VERGARA  |  MONDAY, 19 AUG 2024
Lendlease's financial woes deepened in the 2024 financial year, making a $1.5 billion loss amid overhauling its operations. The ASX-listed firm's losses ballooned from $232 million in FY23 despite reporting 15% growth in EBITDA to $809 million ...

Principal AM hires from BlackRock

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
Principal Asset Management appointed Stuart Dunn as director of distribution for Australia, effective August 12. Principal said the decision was aimed at building on the firm's footprint in the institutional market while accelerating its growth ...

Bell Financial half-year profit soars 50%, revenue up

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
Bell Financial Group posted a net profit after tax of $16.6 million for the half year to June 30, a 50% increase on the prior corresponding period, while revenue rose to $138.7 million, up 18.3%. The diversified financial services and wealth management ...

Hostplus adds investment options, makes fee changes

ELIZA BAVIN  |  FRIDAY, 16 AUG 2024
Hostplus has announced it is introducing three new investment options for members from October 1. The super fund said the new options are Indexed Growth, Indexed Conservative Balanced and Indexed Capital Stable. Indexed Growth will target 2.5% above ...

GQG's FUM rockets to record US$155.6bn

ANDREW MCKEAN  |  FRIDAY, 16 AUG 2024
GQG Partners' funds under management (FUM) has climbed to a record US$155.6 billion, marking a 49.5% increase over the last financial year, driven by strong net inflows and global equity market gains. The fund manager reported net flows of US$11.1 billion ...