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Showing 3841 - 3850 of 10361 results for "Close"

Suncorp vet joins Westpac subsidiary

ALEX BURKE  |  WEDNESDAY, 1 FEB 2017
Majority-owned Westpac subsidiary Hastings Management is welcoming its second independent director. Justine Hickey joins the infrastructure equity manager while also serving as a director on the boards of DNR Capital, the Rio Tinto Staff Superannuation ...

Future Fund cautious on risk and return

DARREN SNYDER  |  TUESDAY, 31 JAN 2017
... reduced largely due to the fall in the Australian dollar against the US dollar over the period. We also reached financial close on the Port of Melbourne transaction during the quarter, which is reflected in our infrastructure allocation (7.9% or $10.1 ...

Government to aid growth of social impact investment

EMMA RAPAPORT  |  MONDAY, 30 JAN 2017
The Turnbull Government will explore ways to facilitate social impact investment market growth and determine possible regulatory barriers, marking the next step in implementing the Financial System Inquiry's recommendations. In the government's 'Social ...

CFM trust rated by Zenith

JAMIE WILLIAMSON  |  MONDAY, 30 JAN 2017
The CFM ISDiversified Trust is 'Recommended' by Zenith, crowning a strong 2016 for the investment manager. The fund, which is distributed in Australia by Winston Capital, is designed to provide investors with a diversified portfolio of recognised and ...

Wilson denounces illogical Hunter Hall response

ALEX BURKE  |  FRIDAY, 27 JAN 2017
... understand how to manage listed investment companies. It was at a big discount when we first bought it, and when it got up close to net tangible assets, we had achieved our goal and started selling down. And they're trying to paint us as a big negative ...

Hunter Hall receives surprise new takeover bid

ALEX BURKE  |  TUESDAY, 24 JAN 2017
After a takeover bid from Washington H. Soul Pattinson seemed all but destined for success, a new player has entered the race for Hunter Hall. Following Hunter Hall founder and chief executive Peter Hall's shock resignation in December, and his sale ...

Super playing dangerous risk game: Milliman

ALEX BURKE  |  MONDAY, 23 JAN 2017
The long-term investment horizon favoured by superannuation funds is putting Australia's ageing population at risk, according to a new Milliman paper. The paper argues that the priority on long-term net returns highlighted in the Productivity Commission's ...

Will the real Trump please stand up

MICHELLE BALTAZAR  |  FRIDAY, 20 JAN 2017
Are you ready to say 'President Trump' out loud? Like him or loathe him, investors are eager to meet the president behind the publicity hound. Their savings depend on it. On the eve of his inauguration as the 45th President of the United States, many ...

QIC closes renewable energy fund

JAMIE WILLIAMSON  |  THURSDAY, 19 JAN 2017
... Powering Australian Renewables Fund, on behalf of the QIC Global Infrastructure Fund and the Future Fund, has reached financial close on the Silverton Wind Farm. QIC announced it had achieved the $450 million required to fund the development of around ...

Activity and inflation going Yellen's way

BENJAMIN ONG  |  THURSDAY, 19 JAN 2017
... Reserve Banks-- were expecting to increase our federal funds rate target a few times a year until, by the end of 2019, it is close to our estimate of its longer-run neutral rate of 3 percent." While a sparrow does not a spring make, the latest stats ...