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Showing 411 - 420 of 5845 results for "property"

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... grants Fidelity rights to use and develop Sonata solely for its business purposes. Bravura will retain all intellectual property rights to the software made available to Fidelity. Customary non-compete and non-circumvention provisions apply to the licensing ...

FTSE Russell hires client coverage lead

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... $215,000 and a return of capital. It was the first retail fund for TIP. That month, TIP also launched the Co-Living Future Property Fund. TIP had $221 million in funds under management (FUM) at the end of 2023. Prior to Burman, Lee worked at Bell Direct ...

CareSuper returns 8.54% for default members

MATTHEW WAI  |  FRIDAY, 9 AUG 2024
... boost from its investment in global shares. CareSuper reported positive returns in most categories except for its direct property option, which has been negative for two consecutive years and came in at -5.09% for FY24. The super fund's MySuper option ...

Assembly Funds Management seeks $100m

KARREN VERGARA  |  FRIDAY, 9 AUG 2024
... Assembly Funds Management (AFM), backed by the Lowy family, is seeking to raise about $100 million in re-opening its second property fund. Australian Diversified Property Fund 2 (ADPF2) is rattling the tin for the second time after it completed its first ...

ESSSuper launches Balanced Growth Managed option

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... shares and 31.5% in global shares. It allocates 8% each to infrastructure and cash, and has 8.5% in credit and 6.5% in property. About 5.5% is allocated to alternatives, while 6% is in defensive income. The super fund's Growth option, which was previously ...

Vision Super closes property, infrastructure options

JAMIE WILLIAMSON  |  TUESDAY, 6 AUG 2024
Vision Super is closing its Property and Infrastructure options, while also removing the asset classes from one of its balanced offerings. Effective October 4, Vision Super's Property and Infrastructure options will be closed to members, with Vision ...

Brookfield expands $1bn student accommodation portfolio

MATTHEW WAI  |  TUESDAY, 6 AUG 2024
... Brookfield has acquired a 50% stake in Journal Student Living, an extension of a joint venture formed with integrated property business Citiplan in late 2021. The collaboration saw the two parties acquire a PBSA development site on Grattan Street opposite ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... authorised representatives, recommended investments to clients that included speculative investments in Global Capital Property Fund Limited in which Hewish had an interest." ASIC also condemned UGC for violating numerous general obligations as an AFS ...

Barings, Rest break ground on $400m investment

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... bring strong long-term returns to help increase our members' retirement savings and add further diversification to our property portfolio," Doyle said. "In addition to enhancing our members' financial interests, I'm pleased that this project is expected ...

BlackRock bolsters suite of SMAs

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
... BlackRock's strategies, both active and index, across various asset classes, including equities, fixed income, multi-asset, property, infrastructure, commodities, and liquid alternatives to deliver differentiated returns. "As pioneers of model portfolios ...