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Showing 501 - 510 of 4023 results for "January"

Regal names investment director

KARREN VERGARA  |  FRIDAY, 14 APR 2023
... investors with increasingly attractive opportunities to earn attractive, uncorrelated, risk-adjusted returns," he said. In January 2023, Regal received a $200 million commitment from a family office to invest in the recently launched private credit strategy ...

APRA defers CPS 230 introduction

JAMIE WILLIAMSON  |  THURSDAY, 13 APR 2023
... industry feedback. Prudential Standard CPS 230 Operational Risk Management (CPS 230) was initially intended to take effect 1 January 2024 but will now not be introduced until 1 July 2025. Additionally, a transitional period will apply to pre-existing ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... and last invested in November 2022. Its total investment was about $1.28 billion. It first invested in Signature Bank in January 2016 and made its last investment in July 2022, with the total poured into it around $500 million. It also had about $1.4 ...

Magellan FUM continues backwards slide

CHLOE WALKER  |  WEDNESDAY, 5 APR 2023
... managers, such as Magellan, it equates to investors pulling out money, leading to a drop in FUM drops and profitability. In January, Magellan chief executive and chief investment officer David George said the group now has a well-defined and actionable ...

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... Blackstone explained, in accordance with its repurchase plan, BREIT fulfilled requests equal to 2% of net asset value (NAV) in January and February, leaving 1% of NAV eligible for repurchase in March. Since BREIT's formation over six years ago, its share ...

Industry fund tops performance tables

CASSANDRA BALDINI  |  MONDAY, 3 APR 2023
Active Super has topped the list for best performing workplace MySuper option in the three years to February end, with a 7.1% per annum return. Mine Super High Growth and TelstraSuper Corporate Plus came in second, tying with returns of 6.9% p.a. followed ...

Australian CPI falls to 6.8%, adds to halt hopes

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... inflation has peaked and that the unemployment rate has troughed, it would pause," he said. "We have held our view since January largely based on our view that the domestic economy has been passing a turning point in activity around the turn of the year." ...

Retail super fund pulls the plug

ANDREW MCKEAN  |  WEDNESDAY, 29 MAR 2023
... Elevate Super will now transfer to Russell Investments' Master Trust sub-plan iQ Super. Elevate Super was launched in January 2020, marketed to millennials with a focus on sustainable investing. However, Rainmaker Information analysis of its product ...

Industry fund bags consecutive customer experience award

ANDREW MCKEAN  |  MONDAY, 27 MAR 2023
... assurance framework that measures the quality of customer interactions with organisations over a 12-month period. From January to December 2022, a total of 204 major Australian companies from seven sectors, including 16 super funds, were covered in the ...

Former AMP adviser pleads guilty to dishonest conduct

KARREN VERGARA  |  MONDAY, 27 MAR 2023
... applied to some of the insurance policies," it said. Fong was an authorised representative of AMP Financial Planning between January 2004 to December 2014, as well as a credit representative for more than four years. In 2014, Fong was alleged to have ...