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Showing 541 - 550 of 3775 results for "Maintain"

Macquarie AM splurges on data centre

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... agreements with domestic IT corporates and conglomerates, who have subleased selected space within Hanam IDC to install, maintain, and operate servers on their own expense. MAM invests in several digital infrastructure companies. This includes AirTrunk ...

Cbus taps ex-AustralianSuper equities chief for 'critical role'

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
Cbus has appointed a former AustralianSuper equities chief to serve as its head of portfolio construction. Justin Pascoe, who joined AustralianSuper as a senior portfolio manager in June 2019 before being promoted in August 2021, will take on the "critical ...

London-based boutique opens fund to local investors

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
London-based boutique investment manager Atlantic House has opened its Uncorrelated Strategies Fund to Australian investors. The Uncorrelated Strategies Fund, which was launched in the UK in May 2022, aims to deliver positive uncorrelated returns in ...

More than 11k businesses call in administrators

MATTHEW WAI  |  FRIDAY, 26 JUL 2024
... in FY24 at 4634, followed by Victoria (2862) and Queensland at third with 2036 administrators appointed. Other states maintain the figure well below 800, with Northern Territory only seen 43 companies exercising the systemic protocol. Moreover, restructuring ...

IPO conversations 'sparking interest': Barrenjoey

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
Barrenjoey Capital Markets co-executive chair Guy Fowler says the firm has had more conversations about IPOs in the last two months than in the previous three years, indicative of "sparked interest," at a briefing on the future of Australian capital ...

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
Rest has awarded a US$75 million ($112.15 million) mandate to transatlantic investment manager TowerBrook Capital Partners, for its Delta private equity impact fund. The Delta fund will invest in mid-sized private companies that are expected to generate ...

Industry funds defend CFMEU board ties

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... the CFMEU could appoint non-union members or individuals with relevant expertise to temporarily mitigate scrutiny and maintain fund integrity. This approach could help ease tensions and ensure compliance with regulatory standards while broader issues ...

ASIC bans 'incompetent' financial services directors

ANDREW MCKEAN  |  FRIDAY, 19 JUL 2024
... business," the regulator said. It added that the bans are part of ongoing work to ensure that officers of AFS licensees maintain high standards of judgment, diligence, and professionalism in discharging their duties and responsibilities.

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
Mercer Super's SmartPath, its default lifecycle investment option, has delivered returns ranging from 11.2% and 11.7% for the last financial year. Mercer's acting chief investment officer for the Pacific region Sue Wang said the results were an excellent ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
Equip Super has revealed its Balanced Growth option achieved a return of 9.23%, and its Growth Plus option delivered 12.12%. Equip Super chief investment officer Andrew Howard said despite a challenging global backdrop, rising interest rates and ongoing ...