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Showing 431 - 440 of 2868 results for "Centre"

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
HESTA has significantly grown its in-house capability, resulting in the fund now handling nearly $7 billion or 10% of its portfolio internally. The news comes 18 months after the $74 billion super fund launched its internalisation strategy. In December ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
The British billionaire owner of Tottenham Hotspur and majority shareholder of Australian Agricultural Co, Joe Lewis, has been criminally charged in New York for orchestrating a "brazen insider trading scheme." Lewis, founder of investment firm Tavistock ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... income producing assets to complement our existing industrial development pipeline in the strongly performing logistics centre," UniSuper senior manager property Nick Stephens said. "The investment adds to our $7.3 billion unlisted property portfolio." ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
... more robust governance of fund investments and ensure trustees put the best financial interests of their members at the centre of investment strategies and decisions." "The reforms have been broadly welcomed by trustees, many of whom have sharpened their ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
The Reserve Bank of Australia (RBA) said the decision to maintain the cash rate at 4.1% was finely balanced with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia ...

Super framework ideal for advice: Jones

KARREN VERGARA  |  MONDAY, 17 JUL 2023
The superannuation industry can expect to offer holistic advice as assistant treasurer Stephen Jones reasons that its highly regulated framework will place trustees in good stead to make advice more accessible. At a Financial Services Council breakfast ...

Aware Super invests in renewable data centre platform

JAMIE WILLIAMSON  |  FRIDAY, 14 JUL 2023
Aware Super is now invested in a 100% renewable-powered data centre platform, marking the fund's first investment of this kind. US-based platform Switch was founded in 2000 and is considered a leader in data centre design, development, and mission-critical ...

Life, funeral insurers cop $14m fine

KARREN VERGARA  |  WEDNESDAY, 5 JUL 2023
... the judge said. The banking Royal Commission grilled Howden about the boiler room sales tactics he imposed on his call centre staff, incentivising them to sell at all costs to vulnerable customers, namely those living in remote areas and First Nations ...

Cbus delivers strong returns, grapples property headwinds

ANDREW MCKEAN  |  FRIDAY, 30 JUN 2023
... status in office space compared to the index. The fund acquired stakes in Pacific Fair on the Gold Coast and Macquarie Centre in Sydney. Cbus has also been "more focused" on Australia rather than offshore, given that offshore property, particularly in ...

RIAA chief executive to exit

ROSE MARY PETRASS  |  FRIDAY, 30 JUN 2023
... O'Connor said. He added that the organisation has evolved from "a cottage industry on the side-lines" to "right in the centre of core financial services discussions, focus and regulatory development". Ross Piper, chair of the RIAA board, commented ...