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Showing 761 - 770 of 1223 results for "WALE"

ASIC bans Commonwealth Financial Planning employee

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
ASIC has banned Commonwealth Financial Planning employee Rebecca Locksley from providing financial services for 18 months, after finding she created false documents for client files. Locksley of Merewether, New South Wales, was the servicing planner ...

Electricity sale fit for fixed income portfolios

DARREN SNYDER  |  WEDNESDAY, 1 APR 2015
The long-term lease of New South Wales' electricity network offers opportunities for investors to access defensive, non-cyclical, monopoly style assets. This is the opinion of Aberdeen Asset Management after releasing research that analysed implications ...

Investec acquires $38.9m Sydney office building

LAURA MILLAN  |  THURSDAY, 26 MAR 2015
Investec Australia Property Fund has acquired a $38.9 million office building in Norwest Business Park in Baulkham Hills. The acquisition is the fund's first in New South Wales and brings the value of the fund's total portfolio to $328 million. The ...

AMP Capital buys Sydney hospital

MARK SMITH  |  MONDAY, 9 FEB 2015
AMP Capital has closed a deal to buy Sydney's Royal North Shore Hospital and Community Health Services Public Private Partnership (PPP) Project from the Royal Bank of Scotland (RBS). Under the agreement, the asset manager will own the hospital until ...

Centuria creates key roles to support growth

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
Centuria Capital has created three new top roles to support the business's growth in unlisted property and in the development and distribution of its recently-launched investment bonds. Former AMP executive Neil Rogan has been appointed general manager ...

T. Rowe Price opens Melbourne office

MARK SMITH  |  THURSDAY, 29 JAN 2015
Baltimore-based investment manager T. Rowe Price has grown its Australian footprint, opening a new office in Melbourne and expanding its business development team. The company said the move enables closer working relationships with new and existing ...

Reasons to cheer amid gloomy predictions

LAURA MILLAN  |  TUESDAY, 27 JAN 2015
Low inflation, low returns and high volatility are set to be the new normal in 2015. The International Monetary Fund (IMF) confirmed the trend when it downgraded its growth forecast for the global economy from 3.8% for 2015 in October to a lower 3.5% ...

Philanthropic fund establishments return to pre-GFC levels

LAURA MILLAN  |  TUESDAY, 6 JAN 2015
The number of private ancillary funds (PAFs) established in 2014 reached the highest level since the start of the global financial crisis in 2008. As many as 150 PAFs were established in Australia during 2014, compared to around 80 the year before ...

NZ Super and Infratil buy RetireAustralia

MARK SMITH  |  MONDAY, 5 JAN 2015
New Zealand Super has joined forces with Infratil to buy major Australian aged care facility operator RetireAustralia. The sovereign wealth fund and the asset manager will take 50% each after entering into a sale and purchase agreement worth $640.2 ...

ATO exec leaves to join consulting firm

LAURA MILLAN  |  WEDNESDAY, 3 DEC 2014
The Australian Tax Office (ATO) assistant deputy commissioner for superannuation has left the regulator to join Brisbane-based consultancy firm McPherson Super Consulting. Stuart Forsyth was involved in drafting the ATO ruling on limited recourse borrowing ...