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

Search Results

Showing 11 - 20 of 413 results for "Direct Property"

Bull market buoys super funds' 2024 returns

MATTHEW WAI  |  WEDNESDAY, 8 JAN 2025
... diversified credit, which have delivered high and consistent returns. "Our previous relatively low allocation to direct property has allowed us to increase this exposure by buying from motivated sellers at deep discounts." Shelley also added the ground-breaking ...

Growth of SMSFs, Div 296 opportunity for advisers

MATTHEW WAI  |  WEDNESDAY, 18 SEP 2024
... tax of over $825 million collectively for its 16,531 high-balance members. Class said 36% of its members holding direct property assets will "find It difficult to meet additional tax obligations on these illiquid assets." Tim Steele, chief executive ...

Former industry fund chief in new role

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... investment group, including Shakespeare Property Group, which manages around $3 billion in equities, income securities, direct property and alternative assets.

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive years and came in at -5.09% for FY24. The super fund's MySuper option ...

AMP MySuper options power past double-digit returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... our funds benefitted from a very strong stock selection in international equities as well as a low allocation to direct property, which is the only negative returning asset class this year," she said. Though, Shelley noted that the standout gains were ...

Discover the best performing asset class of 2023: Mercer

ANDREW MCKEAN  |  THURSDAY, 9 MAY 2024
... generally outperformed investors focused on domestic and traditional industries," Mercer said. Conversely, Australian direct property declined 7.2% in 2023 because of valuation lags, though this drop was said to be relatively moderate. Interestingly ...

UniSuper buys up Deer Park site

RACHEL ALEMBAKIS  |  THURSDAY, 15 FEB 2024
... developed, UniSuper said. The purchase was negotiated by GPT, as part of an approximately $3 billion separate account direct property mandate with UniSuper. UniSuper, together with GPT and developer HB+B Property will "progressively develop the site ...

HUB24 unveils new offering for lower balance clients

CHLOE WALKER  |  WEDNESDAY, 15 NOV 2023
... on clients' other investments including cash accounts and term deposits, listed securities, managed funds, direct property, and other assets. HUB24 further bolstered its platform earlier this year when it acquired myprosperity.

HUB24 unveils new data feeds

CHLOE WALKER  |  WEDNESDAY, 2 AUG 2023
... report on clients' other investments including cash accounts and term deposits, listed securities, managed funds, direct property, and other assets. HUB24 chief product and innovation officer Craig Apps said the new features have been designed in collaboration ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
... funds under the one roof, creating a $1.1 billion entity. The deal will result in unitholders in the Cromwell Direct Property Group (CDPF) and Australian Unity Diversified Property Fund (AUDPF) owning interests in a "more diversified and stable fund" ...