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Showing 591 - 600 of 2422 results for "ESP"

Hastings founder launches new fund

KANIKA SOOD  |  MONDAY, 9 NOV 2020
Hastings Funds Management's founder Mike Fitzpatrick is launching a new wholesale fund that will invest in unlisted infrastructure. The TRUE Infrastructure Fund will use a fund-of-fund structure to invest in funds from two managers, ATLAS Infrastructure ...

Centuria acquires property for healthcare fund

ANNABELLE DICKSON  |  WEDNESDAY, 4 NOV 2020
Centuria has spent $115 million on various short-stay hospitals in response to the sector's unmet demand. Centuria Healthcare purchased the $55.5 million Bloomfield Medical Centre in New South Wales, the $51.7 million Vermont South Medical Centre in ...

Crestone revenue up 12% to $120.5m

KANIKA SOOD  |  MONDAY, 2 NOV 2020
Crestone Wealth Management reported revenue of $120.5 million for FY20, as it added $1 billion in net new client money and nine new advisers during the year. The high-net-worth-focused advice firm had an EBIT of $10.8 million, down from $11.5 million ...

IOOF appoints executive, continues growth push

ELIZA BAVIN  |  THURSDAY, 29 OCT 2020
IOOF has announced the creation of a new executive role as it reports funds under management, advice and administration grew by $529 million in Q1 2021. IOOF chief executive Renato Mota has announced the appointment of a chief transformation officer ...

New fund manager at EG

KANIKA SOOD  |  TUESDAY, 27 OCT 2020
The $3.2 billion real estate boutique has appointed a new fund manager, as a part of internal movements. Michael Noblet is moving into the role and will focus on scoping assets for the EG Australian Core Enhanced (ACE) and High-Income Sustainable Office ...

Worst investment ideas revealed: ARK

ELIZABETH MCARTHUR  |  THURSDAY, 22 OCT 2020
The research team behind ARK Invest have released a new 'bad ideas report', revealing the industries they believe investors should avoid. Top of the list of bad ideas was physical bank branches, as the ARK researchers think consumer banking will shift ...

Keep spending and investing: Lowe

ELIZA BAVIN  |  THURSDAY, 15 OCT 2020
Australia will have a better economic outcome in the coming months if Australians ensure they keep spending and investing, according to Reserve Bank of Australia (RBA) governor Philip Lowe. Lowe said the nation's recovery will depend on how willing ...

CBA executive pay voted in

ANNABELLE DICKSON  |  TUESDAY, 13 OCT 2020
Commonwealth Bank shareholders have voted for the adoption of the remuneration report and the grant of securities to the chief executive in the annual general meeting. In the annual general meeting, 78.54% of shareholders proxy voted in favour for the ...

IFM jumps on net zero bandwagon

ELIZA BAVIN  |  TUESDAY, 13 OCT 2020
IFM Investors has committed to reducing greenhouse gas emissions across its asset classes, targeting net zero by 2050. IFM said the move is an extension of action already being taken by its infrastructure assets to reduce emissions through investment ...

Aware Super announces $1bn property project

ELIZABETH MCARTHUR  |  MONDAY, 12 OCT 2020
Aware Super has announced the acquisition of a 90% interest in a $1 billion project in New York as part of the fund's partnership with Lendlease. The property is 1 Java Street, Brooklyn and has an estimated end development value of $1 billion. The development ...