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| | | Rest has made a $390 million (US$250m) contribution as part of a co-investment with funds managed by Blue Owl Capital into US-based real estate investment trust STORE Capital. The super fund said the property investment shows how growing demand for ... |
| | | | ... months and four years from the date the claim form was returned to assess at least 6897 claims. Two weeks later, ASIC handed down a scathing report that shows the failures in death benefit claims handling is a systemic, industry-wide issue. ASIC exposed ... |
| | | | ANZ has copped a whopping $240 million fine for bank-wide "unconscionable conduct" that includes admitting it was guilty of misleading the government over the $14 billion bond scandal. The misconduct relates to five separate matters spanning the retail ... |
| | | | ... and indeed, we have actioned many of these." Constant said that within the next three months the regulator will be handing down an expert report on the state of the estimated $200 billion private credit sector. "This is assisting us to better understand ... |
| | | | Bennelong Funds Management has partnered with US lender Monroe Capital, bringing a new private credit opportunity for Australian investors. This marks a step for the fund manager, branching into new asset classes to cater to evolving investor needs. ... |
| | | | ... Terrain, showed that allocations to equities rose to 31% from 28% over the last two years. Conversely, alternatives edged down from 44% to 42%. Shifts in alternatives mainly came from lower allocations to private equity, which was down from 26% in 2023 ... |
| | | | QIC, by way of a senior secured loan facility, has invested $10 million in Vecco group on a critical minerals project. In partnership with industrial heavyweight Idemitsu Australia, the funding will progress the fully integrated mining and processing ... |
| | | | ... than 1.2 times." Harwood says creating a highly diversified SMA was one way that exposure to volatility could be dialled down, while still allowing investors to make the most of the gearing. The strategy has allocations to Australian shares, international ... |
| | | | ... allegations Soulio had sexually harassed staff and overseen a toxic culture at the regulator emerged. Soulio was then stood down from his position at Super SA. McAvaney also served as acting chief executive before Soulio, stepping up when Dascia Bennett ... |
| | | | According to the Association of Superannuation Funds of Australia's (ASFA) quarterly Retirement Standard, most couples around 65 wishing to live a comfortable lifestyle in retirement would need $75,319 per year. That's an increase from $73,875 in ... |
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