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Showing 651 - 660 of 10089 results for "Trust"

Dexus accused of breaching confidentiality in airport stake sale

ANDREW MCKEAN  |  FRIDAY, 16 MAY 2025
... Dexus with the backing of other APAC shareholders, including the Future Fund, NSW TCorp, and Morrison-managed Utilities Trust of Australia. Dexus, however, said a valid notice would require the commencement of a compulsory process to offer for sale the ...

FTX creditors await US$5bn distribution

KARREN VERGARA  |  FRIDAY, 16 MAY 2025
... exchange FTX is set to pay out US$5 billion to creditors starting May 30. The proceeds will be distributed via the FTX Recovery Trust to eligible creditors either on BitGo or Kraken. This is the second round of distributions made by FTX, which made its ...

GPT Group partners to unlock $1bn in logistics opportunities

MATTHEW WAI  |  FRIDAY, 16 MAY 2025
... with QuadReal Property Group to target $1 billion in logistics assets on the east coast. Known as GPT QuadReal Logistics Trust 2 (GQLT2), it will serve as the primary vehicle for QuadReal to scale its Australian logistics investments and will be operated ...

Jarden Strengthens advisory team with Rothschild exec

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
Jarden has nabbed a Rothschild & Co heavyweight to further bolster its trans-Tasman strategic advisory business. Sam Prentice has joined the trans-Tasman stockbroker as a managing director. Jarden said he has been instrumental in building Rothschild's ...

PRI chief executive David Atkin to step down

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
... for media and entertainment staffers was eventually swallowed up by Cbus. Atkin also has ties to the STA Superannuation Trust of Australia, one of the foundation funds that subsequently became AustralianSuper. The outgoing PRI boss is a former director ...

Analyst promotions: Frontier, Fidelity, ART

ELIZABETH FRY  |  THURSDAY, 15 MAY 2025
... delivering great client outcomes within our Australian equities product range," he added. Elsewhere, Australian Retirement Trust has promoted Andrew Woo to associate portfolio manager for defensive and liquid assets and portfolio intelligence. The fixed ...

Bennelong partners with Allspring for fund launch

ELIZA BAVIN  |  THURSDAY, 15 MAY 2025
... income strategy across Australia and New Zealand. Bennelong expects to launch the Allspring Global Income Fund as a unit trust in June this year, offering daily liquidity, and broad access for local investors. Allspring has $930 billion (US$600bn) of ...

NAB MySuper class action settlement approved

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
The Federal Court approved the $65 million settlement that was reached in December. At the end of 2024, MLC Super Fund, NULIS Nominees and MLC Nominees agreed to settle the class action that was brought against it for deferring the transition of members ...

Criminal attacks, human error drive data breaches

JAMIE WILLIAMSON  |  WEDNESDAY, 14 MAY 2025
... increase," she said. "Businesses and government agencies need to step up privacy and security measures to keep pace. "Australians trust businesses and government agencies with their personal information and expect it to be treated with care and kept ...

AMP, intelliflo introduce dashboard enhancements for advisers

MATTHEW WAI  |  TUESDAY, 13 MAY 2025
... touch of a button, which will be key for practices looking for growth or investment," Alsop added. In February, it released trust modelling capabilities to the intelliflo office, allowing advisers to make cashflow projects and customise inputs and outputs ...