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Showing 31 - 40 of 7508 results for "June"

Former UniSuper chief appointed to CSLR board

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... transitional board as a non-executive director. O'Sullivan steps into the CSLR board role effective immediately, succeeding June Smith from the Australian Financial Complaints Authority (AFCA). O'Sullivan, a veteran in the financial services industry ...

Cromwell downgrades assets by $192m

KARREN VERGARA  |  MONDAY, 15 JAN 2024
... across eight out of nine properties. The real estate fund manager had about $11.5 billion in assets under management as at June 2023 invested across Australia, Europe and New Zealand. Cromwell chair Gary Weiss said 2023 was a challenging year for the ...

CalSTRS investment chief announces retirement

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
California State Teachers' Retirement System (CalSTRS) chief investment officer Christopher Ailman will depart on June 30, after 24 years at the fund. At an Investment Committee meeting, Ailman revealed his intention step down from the position ...

Centuria REIT valuation dives $124m

JAMIE WILLIAMSON  |  FRIDAY, 12 JAN 2024
... or a decline of 5.6%. Meanwhile, the weighted average capitalisation rate across the portfolio grew 26 basis points from June to December end, coming in at 6.26%. As at 30 June 2023, the total book value was $2.23 billion. The remainder of the portfolio ...

Bragg proposes super fund reforms to protect retail investors

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... research by Rainmaker Information last year, super funds owned 38% of the market capitalisation of Australian equities as of June 202 2. Industry super funds had invested 18% of their members' assets in Australian stocks, while retail funds had allocated ...

ASIC cracks down on Prospero for reporting failures

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... least February 28. "If it fails to lodge its annual financial statement and audit report for the financial year ending 30 June 2023 during the suspension period, ASIC will consider whether the licence should be suspended for a further period or cancelled," ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... these changes to rent assistance, rents would have increased 8.8% in the period. "Electricity prices have risen 8.8% since June 2023. Excluding the rebates, electricity prices would have increased 19% over this period," she said. Prices for most food ...

Centuria buys greenhouse farm

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... value-add opportunity to further enhance CAF's size and footprint in the agricultural real estate sector. CAF launched in June 2022 with an initial $177 million investment in a glasshouse located in Warragul, Victoria. In the year to June 2023, Centuria's ...

BlackRock to cull 3% of global workforce

ANDREW MCKEAN  |  WEDNESDAY, 10 JAN 2024
... third instance in the past year for BlackRock, following a cut of 500 positions last January and another headcount trim in June due to budget reallocations. BlackRock had 19,800 employees at the end of December 2022, according to a filing with the US ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... financial services business. ASIC said he is not a fit and proper person to provide financial services. Between May 2017 and June 2022, Pagliaccio was found to have engaged in dishonest and deceptive and misleading conduct related to a financial product ...