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Showing 2921 - 2930 of 21898 results for "Fund."

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... managers," he explained. Should the Albanese administration effectively navigate the passage of its Housing Australia Future Fund (HAFF) bill, an additional $10 billion might be borrowed on behalf of the Commonwealth, earmarked for management by the ...

Lonsec appoints new investments leadership

CHLOE WALKER  |  THURSDAY, 10 AUG 2023
Nathan Lim will become Lonsec's new chief investment officer and executive director of its investment solutions division, while Deanne Baker will serve as deputy chief investment officer. Previously, Lim served at Morgan Stanley Private Wealth Management ...

Newmark Property REIT delivers mixed bag

CHLOE WALKER  |  WEDNESDAY, 9 AUG 2023
Newmark Property REIT (NPR) has reported operating earnings of $14 million, while at the same time copping a loss of $8.9 million. The REIT's earnings were up 5.5% against the comparative period for the year ended June 30. It also revealed a statutory ...

Industry fund cuts insurance costs

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
An industry super fund has announced a reduction in weekly insurance premiums for death, terminal illness, TPD, and income protection cover. First Super reduced the weekly cost of its default insurance cover, prompted by fewer than expected claims in ...

Hejaz debuts Australia's first Islamic pension product

ANDREW MCKEAN  |  WEDNESDAY, 9 AUG 2023
Hejaz Group has introduced the first ever Islamic pension product, alongside a new super offering, advancing its commitment to offer comprehensive wealth services tailored for the Muslim community in Australia. Hejaz Islamic Super and Pension provides ...

Blackwattle selects Apex Group for administration

CASSANDRA BALDINI  |  TUESDAY, 8 AUG 2023
Blackwattle Investment Partnershas selected Apex Group as the administrator amid the launch of its first four funds. Apex Group will provide the new boutique with technology-enabled fund administration, transfer agency, middle office and custody solutions. ...

Charter Hall REIT cops $198m loss

KARREN VERGARA  |  TUESDAY, 8 AUG 2023
A Charter Hall REIT suffered a major blow to its bottom line, copping a $198 million loss as substantial devaluations in the commercial real estate sector materialise in the 2023 financial year results. The Charter Hall Long WALE REIT (CLW) made a whopping ...

Private credit to play critical role in the economy: MA Financial

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
The opportunities for private lenders to finance the growing demand for real estate credit is part of a long-term structural shift in Australia's lending market, MA Financial managing director real estate credit Cathy Houston says. Talking to Financial ...

Are indexes the next target for greenwashing investigations?

RACHEL ALEMBAKIS  |  TUESDAY, 8 AUG 2023
... to mislead the public in representing that all securities in the Vanguard Ethically Conscious Global Aggregate Bond Index Fund (Hedged) (Fund) were screened against certain ESG criteria." ASIC said investments in the fund were based on the Bloomberg ...

Northern Trust appoints APAC head of global fund services

CHLOE WALKER  |  TUESDAY, 8 AUG 2023
Northern Trust has named Caroline Higgins as its head of global fund services (GFS) Asia Pacific. Higgins, who first joined Northern Trust in 2016, was most recently head of Hong Kong, Macau, and Taiwan. She brings over two decades of experience in ...