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Showing 3021 - 3030 of 11511 results for "DIV"

Real estate AUM recovers

ANNABELLE DICKSON  |  FRIDAY, 25 JUN 2021
Australian real estate assets under management (AUM) dropped in 2020, but one manager has already signalled significant growth this year. The latest Fund Manager Survey by industry associations ANREV, INREV and NCREIF showed real estate AUM in Australia ...

CalPERS adds chief equity officer

JAMIE WILLIAMSON  |  THURSDAY, 24 JUN 2021
The California Public Employees' Retirement System is boosting its ESG capabilities with the appointment of its first chief diversity, equity and inclusion officer. Marlene Timberlake D'Adamo has been appointed to the role effective immediately. ...

Westpac backs out of NZ demerger plans

ANNABELLE DICKSON  |  THURSDAY, 24 JUN 2021
Westpac has decided to retain its New Zealand business after reviewing the feasibility of the 160-year-old division and the impact of increased capital requirements. In March, the bank flagged that it was in early stages of reviewing Westpac New Zealand ...

Citi names head of research

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
Citi has appointed a new head of research for Australia and New Zealand. Paul McTaggart takes the post effective immediately, responsible for leading the region's research advisory function and working closely with clients and investors. He will ...

Dexus reports higher portfolio valuations

KANIKA SOOD  |  WEDNESDAY, 23 JUN 2021
ASX-listed Dexus reported a $362 million increase in the valuations of its 117 property assets as at June end. Dexus revalued 117 of its 128 assets including one healthcare property, 41 office properties and 75 industrial properties. It said the externally ...

Family offices should supplement super

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
Despite the raft of reforms aiming to make superannuation more attractive, wealthy Australians should consider supplementing their nest eggs, a wealth management expert says. HLB Mann Judd wealth management partner Michael Hutton says the passing of ...

Soul Patts to acquire LIC

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
Washington H Soul Pattinson will pay about $4 billion for a scrip merger with LIC Milton Corporation, as it chases liquidity for new acquisitions and better index participation. Milton Corporation (MLT) is an Aussie equities listed investment company ...

Another departure at AMP Capital

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
AMP Capital's head of sector multi-manager will leave in July, after nearly 25 years with the company. Lydia Serafim is leaving to take an external opportunity, a spokesperson for the company confirmed. "Lydia made a strong contribution to AMP Capital ...

GROW wins new super fund client

KANIKA SOOD  |  TUESDAY, 22 JUN 2021
A Queensland superannuation fund has picked GROW Inc to replace Mercer as its administrator. The $1.4 billion Mercy Super will soon swap to GROW, after using Mercer for seven years. The transition was initially slated for a June 1 start but was delayed. ...

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
As LGIAsuper completes its merger with Energy Super and starts the process of integrating Suncorp's super business into the fund, chief executive Kate Farrar tells Financial Standard there are some big changes ahead. From 1 July 2021, the successor ...