Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 51 - 60 of 156 results for "Hamilton12"

Challenger settles real estate unit divestment

KARREN VERGARA  |  MONDAY, 10 JUL 2023
Challenger has settled the sale of its real estate business to Elanor Investors Group for the final price of $38 million. The total consideration, which represents 24.8 million shares issued in ASX-listed Elanor (ENN), is before-tax and transaction ...

Hamilton Lane welcomes local head of private wealth

CHLOE WALKER  |  TUESDAY, 20 JUN 2023
Scott Thomas will join Hamilton Lane as its head of private wealth in Australia, as the firm plans to expand its distribution efforts down under. In the newly created role, Thomas will serve the firm's high-net-worth investors, as well as work alongside ...

Challenger real estate arm price tag drops

KARREN VERGARA  |  MONDAY, 29 MAY 2023
The sale price of Challenger's real estate funds management business to Elanor Investors Group has dropped to $37.7 million after an institutional client announced it will not be part of the transaction. The purchase price of Australian real estate ...

J.P. Morgan launches three new ETFs

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
The JPMorgan Equity Premium Income Active ETF (JHPI), JPMorgan US 100Q Equity Premium Income Active ETF (JPEQ) and JPMorgan US 100Q Equity Premium Income Active ETF (JPHQ) are the latest additions to the Equity Premium Income Strategy suite of funds ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
In an ASX announcement, Challenger reported a significant uptick in retail annuity sales in quarter three. Challenger's total Life sales were $2 billion, reflecting strong retail and Japanese sales. However, institutional sales ($1 billion) fell ...

Challenger to sell $3.4bn real estate arm

CASSANDRA BALDINI  |  THURSDAY, 6 APR 2023
The investment manager will sell its Australian real estate business (CRE) to Elanor Investors Group for $42 million, with the two also establishing a partnership. Challenger's real estate funds management business has about $3.4 billion in assets across ...

Challenger reports strong results

ANDREW MCKEAN  |  TUESDAY, 14 FEB 2023
Challenger had an increase in net profit before tax despite a significant drop in statutory net profit after tax due to negative market movements. Challenger's 1H23 net profit before tax (NPBT) rose 5% to $250 million, with the higher earnings driven ...

Increased scrutiny on private credit

CHLOE WALKER  |  WEDNESDAY, 14 DEC 2022
The lending market maintains a cautionary tone amidst inflation and interest rate rises, according to Hamilton Lane head of global investment strategy and co-head of investments Drew Schardt. "Over the past couple of years, in the lead-up to the onset ...

Challenger appoints chief financial officer

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
Challenger has named Alex Bell its new chief financial officer following Rachel Grimes' decision to step away from executive positions. Bell will commence the role in December and brings over 22 years of financial services experience across Australia ...

Managed funds industry records $16bn net flows

ANDREW MCKEAN  |  TUESDAY, 27 SEP 2022
The managed fund industry had estimated net flows of $16 billion in the 12 months to June 2022, an increase in funds under management (FUM) through net flows of 2.3%, according to the Rainmaker Information Wholesale Managed Funds Net Flows report. However ...