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Showing 321 - 330 of 5843 results for "property"

HMC Capital unit beefs up Melbourne office

ELIZABETH FRY  |  THURSDAY, 19 DEC 2024
... has hired Nimi Peters, CK Chang and Justin Lynn to work with Victorian clients. With over ten years of experience in property finance, Lynn is tasked with delivering tailored funding solutions to property developers in the state. He has a banking background ...

IFM urges investment in housing, hires former Dexus chief

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... Australian real estate funds manager ISPT recently joining IFM Investors. Steinberg has over 30 years' experience in the property and funds management industry, including 12 years as chief executive of Dexus. IFM said the appointment will bring extensive ...

Super balances drive household wealth growth

ELIZA BAVIN  |  THURSDAY, 19 DEC 2024
... household wealth was $16.9 trillion in the September quarter, which was 9.9% ($1.5 trillion) higher than a year ago. High property prices were the largest driver of the rise, contributing 0.9 percentage points to the overall 2.4% rise in household wealth. ...

TCorp returns 7%, AUM hits $110bn

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... Managed Fund. Some 17% or $19 billion of total AUM sits in unlisted assets. About $800 million is invested in unlisted property and infrastructure. Performance from these asset classes was mixed with property delivering -9.4% p.a. and infrastructure ...

FSCP reprimands two advisers for sloppy tax advice

KARREN VERGARA  |  MONDAY, 16 DEC 2024
... contribution to superannuation to reduce the tax liability from expected capital gains via the sale of an investment property. The sale took place in July 2022. One month later, the adviser confirmed the contribution could be made. However, the contract ...

ISPT joins IFM Investors

ANDREW MCKEAN  |  MONDAY, 16 DEC 2024
Unlisted property fund manager ISPT has integrated into fellow industry superannuation-owned business IFM Investors, with its chief executive, Chris Chapple, to take on a new leadership role. The two businesses, following a Scheme of Arrangement, came ...

FAAA slams 'underlying issues' in CSLR

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... to consider the substantial fees that were being generated by the Dixon business group from the US Masters Residential Property Fund (URF) product, the extent to which the regulatory focus on the financial advice provided to Dixon Advisory clients ignored ...

Dexus terminates Core Property Fund

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
The Dexus Core Property Fund has been terminated following a strategic review. The Trust Company, which serves as responsible entity, has determined that the Dexus Core Property Fund can no longer meet its investment objective. As a result, the fund ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... without authorisation. Mackay Chapman also acted on behalf of one client during the receivership of Maliver and Caddick's property. While liquidators distributed $3 million to victims in August, it is purported that Caddick fleeced investors, family ...

Super framework, SMSFs conducive to financial abuse: Inquiry

KARREN VERGARA  |  FRIDAY, 6 DEC 2024
... of victim-survivors. It went on to suggest amending the Family Law Act 1975 as the division of superannuation falls in property settlements under this remit. The committee urged lawmakers to reduce the "procedural and substantive complexity" associated ...