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Showing 21 - 30 of 100+ results for "Investment"

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... Brachlianoff says she is "very satisfied" with the transaction. "It will create significant value and strengthen our investment capacity in strategic markets," Brachlianoff said. "The valuation of these assets reflects both the initial price and the ...

NAB falls after cost growth revision

ANDREW MCKEAN  |  TUESDAY, 9 AUG 2022
National Australia Bank (NAB) shares have fallen this morning after revising cost growth guidance again. In the first half hour of trading, NAB shares dropped 4.2%. At time of publishing, they were down 3.61%. The bank said its expenses increased 1% ...

Jameson Capital appoints chief operating officer

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
... attractive. I was also drawn to their strong international network and experience, and local knowledge to create unique investment opportunities," she explained. "It's an exciting time to be relocating back to Australia and joining the firm. There are ...

AMP North bolsters managed portfolio offering

CASSANDRA BALDINI  |  TUESDAY, 9 AUG 2022
AMP North has added 12 managed portfolios to its investment offering with an additional 21 new investment options. The wrap platform said its new portfolios, from Russell Investments and Zenith Investment Partners, cover a range of strategies and styles ...

Pension fund manager completes $600m MaxCap commitment

JAMIE WILLIAMSON  |  TUESDAY, 9 AUG 2022
... into real estate debt in Asia Pacific. Now, it has completed that commitment and taken out an option to double the investment to $1.2 billion. The partnership will continue to target first mortgage stretch-senior loans lending across all real estate ...

Berkshire posts $53bn investment loss

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
... thereby significantly increasing the volatility of periodic net earnings. Berkshire Hathaway argued: "We believe that investment gains/losses, whether realised from sales or unrealised from changes in market prices, are often meaningless in terms of ...

US Senate passes $1tn Inflation Reduction Act

ANDREW MCKEAN  |  MONDAY, 8 AUG 2022
The US Senate has passed the Democrats' $1.07 trillion bill which aims to tackle inflation by lowering the deficit and everyday expenses for working families. Following the Senate Passage of the Inflation Reduction Act, President Joe Biden said: "I ...

Government strengthens multinationals tax laws

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... activities deliberately designed to minimise tax, while also considering the need to attract and retain foreign capital and investment in Australia, limit potential additional compliance cost considerations for business, and continue to support genuine ...

APRA releases annual corporate plan

CASSANDRA BALDINI  |  MONDAY, 8 AUG 2022
... including trustees' practices as they relate to their 'best financial interests duty' (BFID) obligations, investment governance, successor fund transfers and financial resilience, strategic planning and business performance review practices ...

Hong Kong investor buys Hilton Hotel

CHLOE WALKER  |  MONDAY, 8 AUG 2022
In the largest single-asset hotel deal ever closed in Australia, Barings Private Equity Asia (BPEA) has officially acquired the Hilton Sydney Hotel for $530 million. The purchase of the five-star hotel was made via BPEA's affiliated real estate fund ...