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

Search Results

Showing 3371 - 3380 of 29058 results for "PRI"

Soul Patts raises stake in Perpetual

CHLOE WALKER  |  WEDNESDAY, 13 DEC 2023
After its bid to acquire Perpetual was rejected, Washington H. Soul Pattinson (WHSP) has increased its ownership in the fund manager to 11.6%, according to a filing made yesterday. Last week, Perpetual rejected WHSP's $3 billion acquisition offer, saying ...

JPMAM to bring more alts strategies to wholesale investors

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
Local wholesale investors will have greater access to alternative investments thanks to a new partnership between J.P. Morgan Asset Management and iCapital. JPMAM said the new union demonstrates its global strategic priority to democratise alternatives ...

Internal teams to manage 43% of super FUM by 2043: Data

JAMIE WILLIAMSON  |  TUESDAY, 12 DEC 2023
While just 17% of APRA-regulated superannuation fund under management is currently overseen by internal investment teams, it's estimated this will balloon to almost half the total FUM come 2043. Presently, about 23% of not-for-profit (NFP) super funds' ...

Vale John Quessy

ANDREW MCKEAN  |  TUESDAY, 12 DEC 2023
Former NGS Super trustee director and Independent Education Union (IEU) secretary John Quessy has passed away. Quessy served as a director and alternative director for nearly 20 years at the industry fund, until he retired this year. "Our heartfelt ...

UK to overhaul advice affordability, access

KARREN VERGARA  |  TUESDAY, 12 DEC 2023
The UK government is proposing major changes to make financial advice more accessible and affordable to everyday people as only 8% of consumers call upon the services of financial advisers. The Financial Conduct Authority (FCA) is looking to rollout ...

Local housing market to reach inflection point: Research

CHLOE WALKER  |  TUESDAY, 12 DEC 2023
Research by CoreLogic suggests the Australian housing market is heading towards an inflection point, with the rate of growth in home values becoming more diverse but generally weakening. According to the research, commissioned by NAB for its December ...

Betashares launches 'industry first' bond funds

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
Betashares has launched four funds on the ASX, offering geared long and short exposure to Australian government bonds and 10-year US Treasuries. The new offerings include the Betashares Geared Long Australian Government Bond Fund (ASX: GGAB), designed ...

Mirova seeks €350m for new sustainable land management fund

ANDREW MCKEAN  |  MONDAY, 11 DEC 2023
Natixis Investment Managers affiliate Mirova has successfully completed its Land Degradation Neutrality (LDN) fund and started a new strategy, the Mirova Sustainable Land Fund 2 (MSLF2), aiming to raise €350 million from public bodies and institutional ...

Dexus finds next chief executive

CHLOE WALKER  |  MONDAY, 11 DEC 2023
After a two-month search, the property giant has named Ross Du Vernet as its new chief executive following the recent resignation of long-term boss Darren Steinberg. Du Vernet, who serves as Dexus' chief investment officer, will start in the new role ...

Platinum names new chief executive, restructures board

KARREN VERGARA  |  MONDAY, 11 DEC 2023
Platinum Asset Management appointed a new chief executive to replace Andrew Clifford and unveiled a new-look board in the hope of stemming outflows and revitalising the business. The $15.5 billion fund manager named Jeff Peters as its chief executive ...