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Showing 6101 - 6110 of 29070 results for "PRI"

Alceon launches retail fund

ANNABELLE DICKSON  |  TUESDAY, 10 AUG 2021
After seeing the take up of alternative strategies by institutional and family office investors, Alceon Group has established a retail debt income fund secured by real estate. The Alceon Debt Income Fund is targeting a total annualised return of 5-7% ...

Challenger chief executive to step down

KARREN VERGARA  |  TUESDAY, 10 AUG 2021
The managing director and chief executive of Challenger will step down in March 2022, while a deputy chief executive has also been named. Richard Howes has been with the company for 18 years, starting as the chief executive of Challenger's life ...

Benchmarks for super property investments selected

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
Treasury has selected two MSCI indexes to serve as benchmarks for super funds investing in property under the Your Future, Your Super reforms. The MSCI/Mercer Australia Core Wholesale Monthly Property Fund Index and MSCI Australia Quarterly Private ...

Clime ousts Schafer

KARREN VERGARA  |  MONDAY, 9 AUG 2021
Clime Investment Management executive Neil Schafer has been removed from the company by an overwhelming majority of votes. At the extraordinary general meeting on August 6, about 95% or 37.54 million shareholders voted in favour of removing Schafer ...

Lendlease fund acquires assets

ANNABELLE DICKSON  |  MONDAY, 9 AUG 2021
Lendlease's Australian Prime Property Fund Industrial is acquiring a portfolio of three assets from the Mirvac Industrial Logistics Partnership. The transaction is estimated at $161 million and increases APPF Industrial's portfolio to 39 assets. The ...

Economic recap: Week to August 6

BENJAMIN ONG  |  MONDAY, 9 AUG 2021
At the conclusion of its August board meeting, the Reserve Bank of Australia (RBA) announced its decision to: maintain the cash rate target at 10 basis points and the interest rate on Exchange Settlement balances of 0% maintain the target of 10 basis ...

Single disciplinary body consultation opens

KARREN VERGARA  |  FRIDAY, 6 AUG 2021
Senator Jane Hume opened consultations on the highly anticipated Better Advice Bill in a bid to iron out the details on how the Financial Services and Credit Panel will operate. This afternoon, the Morrison government asked for feedback relating to ...

Custody assets reach new heights

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
Assets under custody rose 11% to a record $4.4 trillion in the six months to 30 June 2021 on the back of valuations, new research from the Australian Custodial Services Association (ACSA) shows. J.P. Morgan came in first having grown 9.8% to $1,068.3 ...

Apex expands APAC team

ANNABELLE DICKSON  |  FRIDAY, 6 AUG 2021
Apex Group is continuing its growth plans across the Asia Pacific region with the appointment of a head of private market sales - Australia and head of real estate, Asia Pacific. Andrea Gallenca has joined as head of private markets for Australia from ...

Top franked stock picks: Morningstar

ELIZABETH MCARTHUR  |  FRIDAY, 6 AUG 2021
Morningstar has released a list of 10 franked income stocks from its Australian and New Zealand coverage which pay very attractive dividends. "The Reserve Bank of Australia's indication that its target cash rate won't increase until at least ...