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Showing 3471 - 3480 of 8591 results for "SIM"

Industry fund and Lendlease strike $1.4bn property deal

DARREN SNYDER  |  THURSDAY, 23 AUG 2018
An industry superannuation fund which manages about $90 billion in assets is partnering with Lendlease to fund an investment vehicle that will build and develop multifamily housing in the US. First State Super and Lendlease have committed US$1 billion ...

BetaShares wins insto allocation

KANIKA SOOD  |  THURSDAY, 23 AUG 2018
A freshly-minted BetaShares ETF has snagged a major investment from an Australian institutional investor, swelling to about four times its size in a single day. In an investment executed last week, an unnamed institutional investor placed $114 million ...

Charter Hall acquires $1.6bn property fund manager

KANIKA SOOD  |  WEDNESDAY, 22 AUG 2018
Australian property giant Charter Hall plans to pay $205 million in cash to acquire a fellow ASX-listed property fund manager with $1.6 billion under management. Charter Hall, a group which manages $23 billion, has announced plans to acquire Folkestone ...

Discriminatory bank regulation hits super savings

JAMIE WILLIAMSON  |  WEDNESDAY, 22 AUG 2018
The interest rate paid by banks on short-term deposits in superannuation fund accounts is significantly lower than similar deposits made by SMSFs, and new research estimates as much as $1 billion is being lost in potential retirement savings. According ...

Super funds cop governance grilling

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
Governance experts have weighed in on the repercussions for superannuation fund executives and trustees after an unyielding fortnight of appearances at the financial services Royal Commission. Governance Institute of Australia chief executive Steven ...

VC firm launches new credit fund

HARRISON WORLEY  |  TUESDAY, 21 AUG 2018
A $330 million Australian venture capital firm partnered with an Israeli venture lender to launch a $100 million dedicated credit fund. OneVentures has partnered with Viola Credit - a subsidiary of $3 billion Israeli technology investment group, Viola ...

Chief economist update: A new currency is born

BENJAMIN ONG  |  TUESDAY, 21 AUG 2018
Want a massive pay rise? An immediate 3464% (no typos there, it's a three thousand four hundred and sixty four percent) bump up in your wages? Pack your bags and move to Venezuela! You'll have to thank Venezuelan President Nicolas Maduro for ...

AIOFP slams FASEA proposals, launches petition

KARREN VERGARA  |  MONDAY, 20 AUG 2018
The Association of Independently Owned Financial Professionals is urging all financial advisers to reunite and put an end to "repugnant" reforms proposed by the Financial Adviser Standards and Ethics Authority. The AIOFP announced it is taking a "politically ...

Parents key to financial literacy legacy: FPA

HARRISON WORLEY  |  MONDAY, 20 AUG 2018
Latest research from the Financial Planning Association of Australia (FPA) shows parents accessing financial advice are more likely to discuss financial matters with their children. The FPA's 'Share the Dream' report explores the impact ...

ASIC defends enforceable undertakings at Royal Commission

KANIKA SOOD  |  FRIDAY, 17 AUG 2018
ASIC's favourite method of tackling misconduct came under fire as the Royal Commission capped off its round of superannuation hearings on Friday. First up was Tim Mullaly, a senior executive leader in ASIC's financial services enforcement division. ...