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Showing 421 - 430 of 1047 results for "L1 Capital"

APRA reduces CBA capital requirement

ANNABELLE DICKSON  |  FRIDAY, 20 NOV 2020
The Australian Prudential Regulation Authority (APRA) has made the decision to reduce Commonwealth Bank's additional capital requirement by half after improving governance concerns. The $1 billion capital add-on has been halved to $500 million with ...

Channel Capital in management buyout

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
The Sydney multi-boutique is bidding farewell to its minority equity partner Highbury Partnership, as it enlists a new passive investor to bring ownership back to the management. Highbury invested about $15 million in Channel Capital in 2017 when the ...

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Hastings Funds Management's founder Mike Fitzpatrick is launching a new wholesale fund that will invest in unlisted infrastructure. The TRUE Infrastructure Fund will use a fund-of-fund structure to invest in funds from two managers, ATLAS Infrastructure ...

Sydney multi-boutique hires from Perpetual

KANIKA SOOD  |  FRIDAY, 30 OCT 2020
Channel Capital has hired from Perpetual to add in-house legal capability. Greg Wong has joined Channel as its general counsel. He will have oversight of legal and regulatory matters across the Channel group, supporting the strategic direction of the ...

Pandemic batters life insurers

KARREN VERGARA  |  THURSDAY, 15 OCT 2020
The coronavirus pandemic has wiped out $1.4 billion from the books of life insurers and triggered a spike in claims, according to new research. KPMG's 2020 Life insurance insights reveals close to half of the firms it analysed are making a loss. ...

Brisbane Mater acquired for $122.5m

ELIZA BAVIN  |  FRIDAY, 9 OCT 2020
Mater Misericordiae, Queensland's largest Catholic, not-for-profit hospital, has been acquired by Charter Hall Social Infrastructure REIT for $122.5 million. The Charter Hall Social Infrastructure REIT (CQE) announced it had entered into an agreement ...

Integrity Life raises $43m

KARREN VERGARA  |  FRIDAY, 2 OCT 2020
Institutional fund managers have pumped $43 million into life insurance startup Integrity Life to help it expand and build out its digital offering. The majority of the capital came from Schroders Investment Management based in Switzerland, Leadenhall ...

AMP Capital launches infra debt strategy

ALLY SELBY  |  WEDNESDAY, 23 SEP 2020
AMP Capital has launched a new infrastructure debt strategy, set to help investors capitalise on emerging growth opportunities in the Asia Pacific region. The Infrastructure Debt Asia Pacific strategy will target infrastructure mezzanine debt opportunities ...

MSCI launches UN SDG alignment tool

KARREN VERGARA  |  FRIDAY, 18 SEP 2020
MSCI has launched a tool that assesses companies' compatibility with the United Nations Sustainable Development Goals. The MSCI SDG Alignment Tool examines a company's operations, products, services, policies and practices, and determines its ...

Banks lose US$635 billion

ELIZA BAVIN  |  TUESDAY, 15 SEP 2020
Global banks have cumulatively lost around US$635.33 billion in market capitilisation between December 2019 and August 2020, according to research from Buy Shares. The data indicated that 14 of the world's largest major global banks have suffered ...