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Showing 431 - 440 of 1047 results for "L1 Capital"

Liberal senator slams super

ELIZA BAVIN  |  FRIDAY, 28 AUG 2020
A Liberal senator launched an attack against the superannuation industry, accusing the federal opposition of being communists and bowing to industry funds. A war of words broke out in the upper house yesterday when Liberals, who have been working for ...

Melbourne boutique wins Crestone allocation

KANIKA SOOD  |  TUESDAY, 25 AUG 2020
Crestone Wealth Management has allocated to a Melbourne boutique's real assets fund that targets 7-11% per year in returns while aiming for a measurable social impact. The HNW advice firm will use Conscious Investment Management's impact fund, which ...

Spaceship raises $10m in capital raise

KANIKA SOOD  |  THURSDAY, 20 AUG 2020
Superannuation and investing startup Spaceship has raised $10 million from existing investors including from Atlassian billionaire Mike Cannon-Brookes' family office. The raise was offered to existing shareholders, as foreshadowed by Financial Standard ...

Perpetual profits plummet

ALLY SELBY  |  THURSDAY, 20 AUG 2020
Investment giant Perpetual has seen its net profit after tax fall 29% year on year, blaming an increase in outflows from its investments business as well as the challenging conditions of the COVID-19 pandemic for the decline. Revenue for the full year ...

Impact investors team up for $48m investment

KANIKA SOOD  |  WEDNESDAY, 19 AUG 2020
A freshly-minted Melbourne real assets boutique is leading a consortium of investors including the influential Ramsay Foundation to pour $48 million into 60 disability accommodation apartments. Conscious Investments Management is partnering with The ...

REITs better value than bonds, equities: LaSalle

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
Global real estate securities are priced competitively compared to asset classes such as equities and bonds, according to a real estate investment specialist with $106.3 billion in global assets under management. Despite the serious headwinds faced ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
Jamieson Coote Bonds has launched an absolute return fixed income fund aiming to deliver 2.5% above cash rate while investing only in sovereign debt. The CC JCB Dynamic Alpha fund will hold high-grade sovereign bonds from G7 nations and Australia, with ...

Navigator takes stake in investment portfolio

ANNABELLE DICKSON  |  THURSDAY, 13 AUG 2020
Navigator Global Investments has entered into an agreement with Neuberger Berman subsidiary Dyal Capital Partners to acquire minority ownership interests in six of its funds. The ASX-listed parent of US-based Lighthouse Investment Partners will take ...

GPT bleeds $520 million

ALLY SELBY  |  MONDAY, 10 AUG 2020
Real estate investment trust GPT Group has bled $519.1 million after tax for the first half of the year, pointing to COVID-19 related negative property movements for the heavy losses. All properties in the trust were independently valued during the ...

AIST pushes for policy reform

ALLY SELBY  |  THURSDAY, 30 JUL 2020
The Australian Institute of Superannuation Trustees has pushed for greater regulatory reform, in a bid to scale up super fund investment in infrastructure, energy and housing. In a statement sent to state governments, relevant department heads and the ...