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Showing 6951 - 6960 of 29074 results for "PRI"

BlackRock readies for crypto exposure

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
The world's largest asset manager is flirting with the idea of investing in cryptocurrency, priming two of its global funds to potential exposure to bitcoin futures. Two filings with US watchdog the Securities and Exchange Commission reveal that two ...

Aura hires executive from Challenger

KARREN VERGARA  |  FRIDAY, 22 JAN 2021
Aura Funds Management has appointed a former Challenger executive to lead its property credit fund. Shaun Fernando is a new director and portfolio manager for the firm's real estate credit strategy in Australia and is based in Sydney. Fernando was an ...

Investa buys $800m property from Macquarie

ELIZA BAVIN  |  FRIDAY, 22 JAN 2021
The Investa Commercial Property Fund (ICPF) has entered a 50/50 joint venture with international financial services group Manulife to acquire an office building in Sydney from Macquarie for $800 million. Investa and Manulife have acquired the right ...

Super concerns over legislation: Schroders

ANNABELLE DICKSON  |  FRIDAY, 22 JAN 2021
Superannuation funds are making changes to investment portfolios ahead of the Your Future, Your Super legislation which in turn could lead to more volatility and less diversification for members. Speaking at a media briefing, Schroders head of distribution ...

Chief economist update: Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 22 JAN 2021
Australians all let us rejoice! Less than a week before the country celebrates its day, the National Statistician released its latest survey of the domestic labour market... and it was good. "In joyful strains then let us sing, Advance Australia Fair." ...

Volatility ahead for Magellan shareholders: Morgan Stanley

KANIKA SOOD  |  THURSDAY, 21 JAN 2021
Magellan Financial Group's shares could be more volatile in the years ahead versus its 31% earnings in CAGR over the past three years as it diversifies its business, according to Morgan Stanley. Magellan Financial Group in September 2020 took a 40% ...

Hyperion makes foray into active ETFs

KARREN VERGARA  |  THURSDAY, 21 JAN 2021
Hyperion will launch an active ETF on the ASX that will open access to its unlisted global equities strategy. The Hyperion Global Growth Fund (HYGG) is an active ETF set to list in late March. HYGG gives access to the unlisted vehicle the Hyperion Global ...

APRA delays insurance in super guidance

ELIZA BAVIN  |  THURSDAY, 21 JAN 2021
The prudential regulator has released an updated draft guidance for insurance in superannuation as part of its consultation period, delaying the commencement date by six months. Several changes have been made the original document released in November ...

Longstanding Netwealth chair resigns

ANNABELLE DICKSON  |  THURSDAY, 21 JAN 2021
The platform has appointed a former UBS executive as chair following the resignation of its founding chair. Netwealth announced in its quarterly business update that Tim Antonie will take over from Jane Tongs, who has served as chair for more than two ...

Boards suffer from disconnect between risk, strategy

ELIZA BAVIN  |  WEDNESDAY, 20 JAN 2021
New research from Deloitte has found there is a disconnect between boards' risk appetite and effective strategic planning, which it said is threatening companies' ability to take on risk. The report, Refocus on Risk to Thrive, was based on interviews ...