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Showing 11 - 20 of 844 results for "REIT"

Former Western AM investment chief charged for 'cherry-picking'

MATTHEW WAI  |  TUESDAY, 26 NOV 2024
The Securities and Exchange Commission (SEC) has charged former Western Asset co-chief investment officer Ken Leech for "engaging in a multi-year scheme to allocate favourable trades to certain portfolios." The SEC alleges Leech engaged in the conduct ...

More guidance crucial for aged care transitions: AMP

MATTHEW WAI  |  MONDAY, 25 NOV 2024
Older Australians are not prepared to move into aged care and most expect it to significantly diminish their wealth, as AMP calls for more support from government and financial services. New research from AMP shows most older Australians are concerned ...

HMC Capital launches DigiCo REIT

ELIZA BAVIN  |  FRIDAY, 22 NOV 2024
HMC Capital has officially launched its new Digital Infrastructure REIT (DigiCo) on the ASX with an enterprise value of $4.3 billion in data centre assets in Australia and the US. HMC said due to significant demand from institutional cornerstone and ...

Newmark Capital elevates distribution capabilities

MATTHEW WAI  |  FRIDAY, 22 NOV 2024
Newmark Capital has welcomed a head of wholesale from Prime Value Asset Management. Nathan Wares joins from Prime Value Asset Management, where he was the head of distribution, responsible for distributing assets including Australian equities, property ...

ClearView's share price tanks 31%

KARREN VERGARA  |  TUESDAY, 19 NOV 2024
ClearView's share price tanked more than 30% following its annual general meeting (AGM) in early November, but the firm could not explain why. The ASX-listed firm's share price traded at 52 cents at the close of November 6 then dropped to 36 cents the ...

Active managers outperform in limited asset classes, fall short in survivorship

KARREN VERGARA  |  MONDAY, 18 NOV 2024
Active fund managers tend to outperform their passive counterparts in certain categories like Australian equity income and bonds, but the latter has better survivorship rates, according to Morningstar's latest Active/Passive Barometer report. The analysis ...

HMC Capital makes $400m acquisition

ELIZA BAVIN  |  MONDAY, 11 NOV 2024
... billion of data centre assets located in North America. These acquisitions will seed an ASX-listed DigiCo Infrastructure REIT 2 with $4 billion or more of AUM. The fresh acquisition will be made through $150 million in upfront cash and $250 million of ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
The merger between industry funds CareSuper and Spirit Super was officially signed, sealed, and delivered today, creating a $53 billion super fund. The newly combined fund, which operates under the banner of CareSuper, will, as previously revealed ...

Global equity, AREIT managers biggest underperformers: S&P Dow Jones

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
Australian global equity and AREIT fund managers prove to be the biggest underperformers over the long term as more than 86% lag the index, an S&P Dow Jones Indices report finds. Australian fund managers, who invest in general global equities, continue ...

MLC AM awards listed property mandate

KARREN VERGARA  |  FRIDAY, 25 OCT 2024
... Management has awarded a mandate to a global investment manager, replacing Presima and BlackRock. Following a review of its global REIT strategy, the fund manager confirmed that NYSE-listed Cohen & Steers won a new mandate but did not disclose its size. ...