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Showing 3441 - 3450 of 6264 results for "DET"

TH Real Estate completes first close of European Cities Fund

KERRIE SYDEE  |  TUESDAY, 26 JUL 2016
TH Real Estate has completed a first close of €500 million for its European Cities Fund. The equity commitments will allow the new European diversified core open ended fund to target a portfolio of approximately €700M from this initial capital. ...

WAM finds returns in growth companies

DARREN SNYDER  |  MONDAY, 25 JUL 2016
Exposure to undervalued growth companies in the vehicle leasing, retail and health product sectors led WAM Capital to a 21.6% return on its investment portfolio during 2015-16. Releasing its full-year results to the ASX, WAM Capital chairman Geoff Wilson ...

World first green bond raises $300m

KERRIE SYDEE  |  FRIDAY, 22 JUL 2016
The Victorian Government green bond, issued on 19 July, has raised $300 million and will be used to help finance and refinance Victorian state investments in energy efficiency, renewable energy generation, low carbon public transport and energy efficient ...

Regulator issues new risk management guidance

DARREN SNYDER  |  FRIDAY, 22 JUL 2016
Responsible entities of managed funds are receiving further guidance around risk management as ASIC aims to ensure adaptability in changing market conditions. Yesterday ASIC released a consultation paper on the proposed regulatory guidance and said ...

Independent body will make new standards simpler: FPA

KERRIE SYDEE  |  FRIDAY, 22 JUL 2016
The establishment of an independent standards body will make the professional standards transition clearer and easier to comply with, according the Financial Planning Association (FPA) chief executive Dante De Gori. Speaking at the Sydney FPA roadshow ...

PROFILE: Metlife chief executive Deanne Stewart

KERRIE SYDEE  |  FRIDAY, 22 JUL 2016
A born leader, Deanne Stewart, chief executive of MetLife Australia, has both a love of numbers and desire to help others, two things that have driven her commitment to creating change in the financial services industry. Stewart says she has always ...

Treasurer ignored credit warnings: Bowen

ALEX BURKE  |  THURSDAY, 21 JUL 2016
Shadow Treasurer Chris Bowen said Treasurer Scott Morrison ignored his warnings that Australia was in danger of losing its AAA credit rating. At the 2016 FSC Leaders Summit in Melbourne, Bowen said that the Coalition has repeatedly ignored warnings ...

O'Dwyer says life insurance back on the agenda

ALEX BURKE  |  THURSDAY, 21 JUL 2016
After being stuck in what Financial Services Council chief executive Sally Loane described as "legislative limbo," the life insurance reforms are back on the agenda, Minister for Revenue and Financial Services Kelly O'Dwyer said. Speaking at the 2016 ...

Economic Wrap

ALEX DUNNIN  |  WEDNESDAY, 20 JUL 2016
Australia's foreign reserves climb to $70bn Australia's holdings of foreign reserves climbed 4% during 2015-16 to $70 billion, reports the Reserve Bank of Australia. Reserves held as foreign currency remained steady on 84% while holdings of gold increased ...

FSC names new chair

ALEX BURKE  |  WEDNESDAY, 20 JUL 2016
Financial Services Council chief executive Sally Loane has named the organisation's new chair. Speaking at the FSC Leaders Summit 2016 in Melbourne, Loane said that outgoing chair Greg Cooper would be replaced by Perpetual chief executive Geoff Lloyd. ...