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Showing 21 - 30 of 251 results for "ARA"

ASIC obtains orders to freeze assets

ANDREW MCKEAN  |  TUESDAY, 28 JUN 2022
ASIC has obtained urgent interim orders from the Federal Court to freeze the assets of Ashley Vincent Arandez and four companies of which he is a director. The regulator sought these orders on an urgent, ex parte, basis because it is concerned Arandez ...

ISPT appoints investment manager

CASSANDRA BALDINI  |  MONDAY, 20 JUN 2022
Industry Super Property Trust has appointed Zoe Ferrari as its newest investment manager based in Canberra, saying the hire reflects an ongoing commitment to the nation's capital. Ferrari joins a growing team and will be working alongside senior ...

Pension fund sues Elon Musk, Twitter

JAMIE WILLIAMSON  |  MONDAY, 9 MAY 2022
A Florida pension fund is suing Twitter and Elon Musk over the latter's planned takeover of the social media platform. The Orlando Police Pension Fund filed a class action in the Delaware chancery court on Friday, alleging that Delaware law forbade ...

REI Super appoints to board

JAMIE WILLIAMSON  |  WEDNESDAY, 6 APR 2022
REI Super has added two financial services veterans to its board, with one joining as deputy chair. Geoff Peck and Craig Dunstan joined the super fund's board this month as independent directors, with Peck also appointed deputy chair. Peck has held ...

War in Ukraine sparks defence spend

ELIZABETH MCARTHUR  |  TUESDAY, 29 MAR 2022
An unstable global geopolitical situation, most significantly due to Russia's invasion of Ukraine, has prompted a $270 billion commitment to defence spending in the Federal Budget. The increased allocation to defence will bring Australia's defence spending ...

HSBC receives ESG accolades, criticism on same day

ELIZABETH MCARTHUR  |  THURSDAY, 27 JAN 2022
Within 24 hours, HSBC received a glowing report on its ESG credentials and withering criticism that it "trashed" its own carbon pledge with a Saudi Aramco deal. S&P released its ESG ratings for $3 trillion financial institution HSBC, scoring the company ...

ESR Group completes ARA acquisition

CHLOE WALKER  |  FRIDAY, 21 JAN 2022
ESR Cayman Limited (ESR) completed its acquisition of ARA Asset Management (ARA), including its subsidiary LOGOS. The US$5.2 billion transaction has transformed ESR Group into Asia Pacific's largest real asset manager powered by the New Economy ...

Insto investors tempted by crypto

JAMIE WILLIAMSON  |  WEDNESDAY, 19 JAN 2022
A new study shows close to 80% of institutional investors and wealth managers are now looking favourably upon cryptocurrencies, citing strong capital growth and diversification benefits. Commissioned by digital assets hedge fund manager Nickel Digital ...

New head of strategy at Crescent Group

ELIZABETH MCARTHUR  |  MONDAY, 6 DEC 2021
Crescent Group has appointed Islamic finance expert Sayd Farook to the head of strategy role, based in Sydney. His appointment comes as the group launches a five-year strategic plan to grow its assets under management to $5 billion by the end of 2026. ...

Super unit boosts Equity Trustees performance

KARREN VERGARA  |  FRIDAY, 20 AUG 2021
Equity Trustees' major superannuation client wins in the last financial year saw the business unit more than triple its assets. The superannuation business' funds grew from $11.2 billion to $33.6 billion year on year. It now provides trustee services ...