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Showing 291 - 300 of 2261 results for "Victor"

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
ASIC is suing the operator of several unregistered managed investment schemes that, among other investors, targeted SMSF members. Sasha Hopkins, director of The A Team Property Group, is facing civil action for alleged unlicensed conduct and running ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
Challenger will provide Aware Super with a $619 million group lifetime annuity policy to de-risk some of its lifetime pension liabilities. Challenger was selected by the fund, saying it is well placed to meet the needs of Aware Super's defined benefit ...

Australian Unity, Cromwell to merge funds

CHLOE WALKER  |  FRIDAY, 7 JUL 2023
Cromwell Property Group (Cromwell) and Australian Unity Property have agreed to bring two unlisted property 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 ...

Mercer appoints three new directors

ANDREW MCKEAN  |  MONDAY, 3 JUL 2023
Mercer has appointed three non-executive directors to its fiduciary boards, bringing experience at the likes of J.P. Morgan and Sunsuper. Former APP Securities chief executive Sangeeta Venketasan and State Super senior investment counsel David Hartley ...

Warakirri buys almond farm

CHLOE WALKER  |  MONDAY, 3 JUL 2023
Warakirri's Diversified Agriculture Fund has made its first exposure to the nut complex, purchasing an almond farm in Victoria. In a $30 million off market deal, the fund's sixth investment is in the Sunraysia region on the Murray River and is one of ...

Inflation drops to 5.6%

CASSANDRA BALDINI  |  THURSDAY, 29 JUN 2023
The Consumer Price Index (CPI) has fallen to 5.6%, fueling hopes the Reserve Bank of Australia (RBA) will pause interest rate hikes next week. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), came as a pleasant ...

Fidante partners with Proterra Asia

CASSANDRA BALDINI  |  TUESDAY, 27 JUN 2023
... and Europe to also cover Australia, Japan, and other agreed jurisdictions. Challenger chief executive of funds management Victor Rodriguez commented that diversifying Fidante's capability and offering in the alternatives space is a strong area of focus. ...

Australian Unity buys up hospital land

CHLOE WALKER  |  MONDAY, 26 JUN 2023
Australian Unity's Healthcare Property Trust (AUHPT) has purchased a key land holding located in Melton, Victoria for approximately $15 million. The acquisition of 2 Coach Street, Cobblebank is part of a plan to develop the area into a private hospital ...

IFM Investors names chair

CHLOE WALKER  |  MONDAY, 26 JUN 2023
Cath Bowtell will become IFM Investors' new chair, as former politician Lindsay Tanner joins the board as an independent director. Bowtell, who currently serves as the group's deputy chair, chair of the people and remuneration committee and ...

CSLR finally passes senate

KARREN VERGARA  |  FRIDAY, 23 JUN 2023
The long-awaited Compensation Scheme of Last Resort (CSLR) has been enshrined in legislation, with consumer advocates calling it a "historic moment" for Australians. Passing the senate on June 22, the Treasury Laws Amendment (Financial Services Compensation ...