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Showing 471 - 480 of 2982 results for "BLA"

Blackstone drops $500m on Brisbane student accommodation

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
Blackstone has made its first investment in the local student housing market with the purchase of Student One in Brisbane. The acquisition comprises three premium student accommodation assets with a total of 2300 beds in Brisbane's CBD, as well ...

HESTA welcomes head of portfolio design

CHLOE WALKER  |  TUESDAY, 12 SEP 2023
Dianne Sandoval will become the super fund's head of portfolio design, starting her new role in October. Sandoval brings over 30 years of investment management experience to the role, having worked at financial institutions across the Middle East ...

Two top Global X executives exit

KARREN VERGARA  |  TUESDAY, 12 SEP 2023
Two senior executives leading distribution and investment strategy respectively have exited Global X ETFs amid a local restructure. Head of distribution Kanish Chugh has been made redundant just shy of 10 years of tenure. Chugh started out as a business ...

Lumiant chief steps down

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
Lumiant's co-founder and chief executive has stepped down from day-to-day responsibilities to take a career break. Santiago Burridge remains as a director on the board of Lumiant as the fintech aggressively expands in the US market. Lumiant's US chief ...

BlackRock to launch US Treasury Bond ETF

CHLOE WALKER  |  WEDNESDAY, 6 SEP 2023
The iShares US Treasury Bond ETF (IUSG) will soon be available to local financial advisers and investors, offering exposure to some of the most liquid securities in the world. Priced at 15 basis points, which according to BlackRock is 25% cheaper than ...

Financial hardship neglect lands Westpac in court

KARREN VERGARA  |  TUESDAY, 5 SEP 2023
ASIC is suing Westpac for neglecting more than 200 customer hardship requests over seven years, for which the bank blames "technology failure". ASIC commenced civil penalty proceedings in the Federal Court, alleging that Westpac failed to respond to ...

Saxo APAC asset management lead exits

KARREN VERGARA  |  MONDAY, 4 SEP 2023
The head of Saxo Markets' asset management for Asia Pacific has left the company after two years. Sydney-based Manish Prasad was appointed to the role in June 2021 and has recently left the firm, Saxo confirmed. Prasad was hired at a time when Saxo ...

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
Most superannuation funds are appropriately valuing their investments in Canva, according to APRA, which used its high-profile and whipsaw valuation in 2022 to see if they are abiding by its unlisted asset valuation requirements. Canva was at the forefront ...

Government consults on superannuation objective laws

ANDREW MCKEAN  |  FRIDAY, 1 SEP 2023
The federal government is consulting on proposed superannuation legislation that will enshrine an objective to "preserve savings to deliver income for a dignified retirement, alongside government support, in an equitable and sustainable way." The Superannuation ...

Government must do more after product failures: FSC, SCA

JAMIE WILLIAMSON, RACHEL ALEMBAKIS  |  FRIDAY, 1 SEP 2023
As the likes of Crescent Wealth and Insignia Financial respond to the 2023 superannuation performance test results, the Financial Services Council (FSC) and Super Consumers Australia have said the government must still do more to ensure members in underperforming ...