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Showing 41 - 50 of 199 results for "strategic review"

ISPT to offload retail, office properties

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2023
Following a strategic review, Industry Super Property Trust (ISPT) is selling five assets, including Melbourne's GPO and a Sydney office building. An assessment of ISPT's $17.7 billion Core Fund identified five assets that do not align "with ...

Aware Super takes 100% of Oak Tree Group

CASSANDRA BALDINI  |  THURSDAY, 17 AUG 2023
... within our $5 billion living portfolio." Misev further thanked Altis Property Partners for its contribution to a strategic review of Oak Tree Group and signalled their continued involvement in supporting the group's management team.

Sequoia hires chief operating officer

JAMIE WILLIAMSON  |  TUESDAY, 8 AUG 2023
... noted he would be on gardening leave until mid-August; a statement from Praemium said it was the result of a strategic review. On the appointment, Sequoia said: "His expertise in managing teams to generate more clients, build brand awareness, and drive ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
... fees would need to be incurred by the investor to keep it running sustainably. The investment manager said a strategic review determined the Macquarie Professional Series Global Alternatives Fund could not be managed in a cost-effective way without such ...

Chief distribution officer leaves Praemium

CHLOE WALKER  |  TUESDAY, 23 MAY 2023
... three months' gardening leave until mid-August. In a statement, Praemium said the exit is the result of a strategic review "to focus on client needs, strengthen its market share and deliver on its growth aspirations." It said this resulted in some ...

Iress unveils major restructure, new leadership

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
Following a strategic review aimed at boosting shareholder returns, Iress has overhauled its organisational structure and senior leadership team. The restructure seeks to enhance Iress' focus on financial advice, trading and market data, and superannuation ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... look ahead and forcefully implement the necessary changes," Alecta acting chair Ingrid Bonde said. It said a strategic review of how it conducts equity management is now underway. Alecta first invested in Silicon Valley Bank in June 2019 and last invested ...

Pengana offloads Lizard Investors stake

CHLOE WALKER  |  FRIDAY, 10 FEB 2023
... since 2015. "Whilst Pengana will continue to enjoy a close relationship going forward with Lizard, following a strategic review it was concluded that Lizard would thrive and be able to attract and retain talent if wholly owned by the management team," ...

NAB to wind up custody business

JAMIE WILLIAMSON  |  FRIDAY, 18 NOV 2022
... close NAB Asset Servicing, following years of mandate losses. The move comes as part of the bank's ongoing strategic review, having tried to offload the business for several years now. It will be wound up over the next three years, with the closure ...

ClearView abandons potential takeover transactions

ANDREW MCKEAN  |  WEDNESDAY, 2 NOV 2022
ClearView Wealth has concluded its strategic review process, with the board deciding not to proceed with any transactions. As previously reported by Financial Standard, ClearView began its strategic review process in September 2021, with the objective ...