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Showing 381 - 390 of 1189 results for "NAV"

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... redemption requests. The global investor said the REIT received repurchase requests exceeding both the 2% of net asset value (NAV) monthly limit and 5% of NAV quarterly limit, triggering proration for the remaining 2.3% of NAV for the quarter. Blackstone ...

Rest names new independent chair

JAMIE WILLIAMSON  |  THURSDAY, 1 DEC 2022
Rest chair Ken Marshman will step down at the end of the year, to be replaced by a former Victorian government minister. Marshman has been on the Rest board since December 2017 when he joined as an independent director. In July 2014, he became independent ...

Financially stressed Aussies believe advice could improve well-being

CASSANDRA BALDINI  |  THURSDAY, 1 DEC 2022
The increased cost of living has left Australians feeling financially stressed; however, a large cohort believes financial advice could be the solution - if it were affordable. A new survey by the Australian Retirement Trust (ART) reviewed feedback ...

APRA urges entities to strengthen risk management

CASSANDRA BALDINI  |  FRIDAY, 25 NOV 2022
APRA general manager of governance, culture, remuneration and accountability Stuart Bingham said a strong risk culture is essential for effective risk management outcomes. In a speech, delivered at the Financial Services Assurance Forum, Bingham discussed ...

Chuck out Chapter 7: Broome

CHLOE WALKER  |  THURSDAY, 24 NOV 2022
Ex-FPA chair Marisa Broome believes that when it comes to regulation for advisers, Chapter 7 of the Corporations Act is not fit for purpose. Addressing the crowd at the FPA Congress 2022, Broome said that for 90% of what she does as a planner, she doesn't ...

Never been more optimistic: Abood

CASSANDRA BALDINI  |  WEDNESDAY, 23 NOV 2022
Despite the uncertainty facing the financial advice sector, Financial Planning Association of Australia chief executive Sarah Abood says she's never felt more optimistic about the future. Welcoming more than 1200 delegates to the 2022 FPA Professionals ...

Women-led global equities teams outperform in downturn

JAMIE WILLIAMSON  |  WEDNESDAY, 9 NOV 2022
Women-led or co-led large cap global equity investment teams outperformed their male counterparts in the calendar year to September, research shows. Investment Metrics reviewed 90 portfolios from 73 different asset managers across the globe and found ...

Pathzero names chief sustainability officer

CHLOE WALKER  |  MONDAY, 7 NOV 2022
The sustainability software provider has appointed Christophe Brulliard as its chief sustainability officer, following the launch of its latest data driven investment tool. Brulliard brings over 20 years of experience in climate change, natural resources ...

Equipsuper investment chief on re-energising his team

ELIZABETH FRY  |  MONDAY, 7 NOV 2022
In anticipation of a recession, Equipsuper chief investment officer Andrew Howard says the revamp is the culmination of a six-month drive to get the right people in place. Providing an update to Industry Moves, Howard says he's confident the fund ...

Apex Group brings Global Compliance Solutions to Australia

CASSANDRA BALDINI  |  TUESDAY, 1 NOV 2022
Apex Group has launched its Global Compliance Solutions offering to the Australian market. The financial service provider said the agile, global single-source solution delivers efficiency, simplifies compliance, and enables business opportunities from ...