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Showing 51 - 60 of 1835 results for %22New America%22

Global alternatives manager lands down under

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
A US$74 billion alternatives asset manager has opened a local office and hired a head of Australia and New Zealand from HSBC. GCM Grosvenor has established an office in Sydney and appointed Andy Lukas to lead the firm's push into the region. The ...

UBS throws $4.8bn lifeline to Credit Suisse

CASSANDRA BALDINI  |  MONDAY, 20 MAR 2023
... market in March 2023." US Treasury Secretary Janet Yellen and Federal Reserve chair Jerome Powell showed their support for the new entity, which is expected to create a business with more than US$5 trillion. "We welcome the announcements by the Swiss ...

ASX shifts slightly on Credit Suisse, First Republic

CASSANDRA BALDINI  |  FRIDAY, 17 MAR 2023
... a $30 billion backing from Bank of America, Citigroup, JPMorgan Chase, Wells Fargo, Goldman Sachs, Morgan Stanley, Bank of New York Mellon, PNC Bank, State Street, Truist, and U.S. Bank. First Republic said the support demonstrated confidence in its ...

Aware Super restructures investment team

ELIZABETH FRY  |  FRIDAY, 17 MAR 2023
Aware Super restructured its investment team in support of its growth strategy, naming three new asset class leads in the process. The super fund joins the likes of AustralianSuper and Australian Retirement Trust in reshaping its investment team as ...

Stafford Capital Partners launches sustainable timber impact fund

RACHEL ALEMBAKIS  |  TUESDAY, 28 FEB 2023
... reached initial close of a carbon offset and sustainable timberland impact strategy that will see investment in Australian and New Zealand assets form part of the portfolio. The Stafford Carbon Offset Opportunity Fund has attracted US$242 million in ...

Gurner, Qualitas close second BTR fund

CHLOE WALKER  |  WEDNESDAY, 22 FEB 2023
... real estate and co-founder Mark Fischer said that the firm sees a huge opportunity for the BTR market in Australia. "... This new commitment by a global investor to the second fund supports this and demonstrates the scalability of opportunity," Fischer ...

New chief for Queensland Treasury Corp

ELIZABETH FRY  |  MONDAY, 13 FEB 2023
Leon Allen has been named chief executive of Queensland Treasury Corporation. Announcing the appointment, Treasurer Cameron Dick said Allen's experience in Queensland and internationally made him the ideal candidate to lead the financing arm for ...

ESG impacts on US pension funds tested

RACHEL ALEMBAKIS  |  MONDAY, 13 FEB 2023
... management practices. Twenty-five American Republican state attorneys general are suing the US Department of Labor to halt new rules that would allow US-based retirement plans to consider ESG factors in their investment processes. Texas Attorney General ...

Private equity still hot: State Street

CHLOE WALKER  |  TUESDAY, 7 FEB 2023
Private equity will remain the top alternative asset class for new investment over the next two to three years, according to State Street's latest global survey. The survey, commissioned by State Street in Q4 of last year, surveyed 480 institutional ...

Summerhayes named Zurich chair

CHLOE WALKER  |  MONDAY, 30 JAN 2023
... general manager at National Australia Bank (NAB) and chief executive of MLC Superannuation and Investments. Summerhayes' new role will also see him chair Zurich's other related corporate entities, having already served as an independent non-executive ...