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Showing 31 - 40 of 83 results for "Settlement of"

HESTA takes active approach to class actions

ELIZA BAVIN  |  THURSDAY, 27 AUG 2020
... funding of actions is appropriate," it said. "Most importantly, regulation and oversight should ensure that the settlement of actions is in the interests of the broader class and system improvement, all entities involved in the funding or pursuit of ...

Cromwell sells SA asset at premium

ALLY SELBY  |  MONDAY, 24 AUG 2020
... complete' value of $32.75 million," he said. C12 shareholders should expect a special distribution of sale proceeds upon settlement of the property, he said. Rand Distribution Centre is a purpose-built cold storage facility, currently leased to Rand ...

Property manager, sovereign wealth fund enter JV

ALLY SELBY  |  MONDAY, 6 APR 2020
... pleasingly we were able to close this off-market transaction within our targeted timeframes." It comes following the settlement of GIC's investment into Dexus Australian Logistics Trust. According to its website, GIC has well over US$100 billion in assets ...

Royal Commission tables life insurance policy questions

KARREN VERGARA  |  THURSDAY, 27 SEP 2018
... structures are necessary? They also posed the possibility of ASIC potentially having jurisdiction over the handling and settlement of insurance claims.

Custody contract up for grabs

KANIKA SOOD  |  THURSDAY, 20 SEP 2018
... endowment funds. Australia's total assets under custody now sit at $3.6 trillion and local custodians are aiding the settlement of up to 80,000 transactions per day for institutional investors, according to August 31 statistics from Australian Custodial ...

Custodians oversee heightened domestic equity trades

DARREN SNYDER  |  FRIDAY, 31 AUG 2018
Australia's total assets under custody sits at $3.6 trillion and local custodians are aiding the settlement of up to 80,000 transactions per day for institutional investors. Latest statistics from the Australian Custodial Services Association (ACSA) ...

Calastone adopts blockchain

KARREN VERGARA  |  TUESDAY, 5 DEC 2017
... said. Calastone completed the first phase of its blockchain testing in June, analysing trade order placements and settlement of mutual funds. The proof of concept stage was able to determine the volume of transactions processed was "many times greater" ...

Blockchain feasibility test successful: Calastone

KARREN VERGARA  |  TUESDAY, 13 JUN 2017
... Financial technology company Calastone completed the first phase of its blockchain testing by analysing the trades and settlement of mutual funds. This involved testing a large volume of trades across global markets to give a better understanding of ...

NZ Super Fund settles stake in Kiwibank

KERRIE SYDEE  |  WEDNESDAY, 2 NOV 2016
The NZ Super Fund and ACC have announced the settlement of an investment in Kiwi Group Holdings, the owner of the Kiwibank. NZ Super Fund has acquired a 25% stake from NZ Post for $263 million, while ACC has invested $231 million for a 22% stake. The ...

ASX responds to CFR regulatory expectations

KERRIE SYDEE  |  WEDNESDAY, 12 OCT 2016
... will provide opportunities for productivity gains and innovation. "ASX's investment means that the clearing and settlement of Australia's cash equities market will continue to be efficient and competitive." The Government noted that it will also amend ...