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Showing 7961 - 7970 of 20556 results for "BEN"

Blackstone acquires US$748m portfolio

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
Blackstone has purchased a portfolio of 16 US multifamily apartment assets for US$748 million. Purchased from SPIRE CAPITAL, the sale is part of SPIRE's progressive exit of the underlying US ROC II fund managed by SPIRE's US private equity real estate ...

Professional Standards legislation hits parliament

KERRIE SYDEE  |  WEDNESDAY, 23 NOV 2016
Minister for Revenue and Financial Services, Kelly O'Dwyer has introduced legislation to mandate professional standards for financial advisers. The Corporations Amendment (Professional Standards of Financial Advisers) Bill 2016 includes compulsory education ...

OneVue scores major unit registry mandate

ALEX BURKE  |  WEDNESDAY, 23 NOV 2016
OneVue has been awarded a new mandate to provide unit registry administration services. NAB Asset Servicing (NAS), until recently the largest custodian in the country, has chosen OneVue to provide a tailored registry service for its fund managers, adviser ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 23 NOV 2016
US existing home sales Are American homebuyers front-running the expected increase in the fed funds rate next month? Existing home sales jumped by 2.0% to a seasonally adjusted annualised rate of 5.6 million units in October. This is the highest level ...

Charter Hall launches new industrial fund

ALEX BURKE  |  TUESDAY, 22 NOV 2016
Charter Hall has launched its fourth Direct Industrial Fund. The new fund will invest in 27 high quality industrial properties with an aggregate occupation of 99.8%. Current gross assets represent $84 million, but Charter Hall intends to push that to ...

AMP and Zenith portfolios add global bond fund

ALEX BURKE  |  TUESDAY, 22 NOV 2016
AMP North and Zenith model portfolios have added a global bond fund. The Payden Global Income Opportunities Fund, distributed by Grant Samuel Funds Management, is an unconstrained global fixed income fund and is based on Payden's absolute return strategy. ...

Neuberger Berman hires Franklin Templeton exec

ALEX BURKE  |  TUESDAY, 22 NOV 2016
Neuberger Berman Australia has appointed a new senior manager - client operations and fund oversight. Ben Canagasabey joins Neuberger Berman from Franklin Templeton, where he was manager - global fund administration and reporting. Prior to that, he ...

JPMAM appoints Australian CEO

KERRIE SYDEE  |  TUESDAY, 22 NOV 2016
J.P. Morgan Asset Management has appointed a chief executive officer and country head of global investment management Australia. Head of sovereign and institutional, Asia Pacific ex-Japan, Rachel Farrell, has been appointed to the newly created role. ...

Mercer chooses new super insurance partner

ALEX BURKE  |  TUESDAY, 22 NOV 2016

Super assets up despite contributions dip

JAMIE WILLIAMSON  |  TUESDAY, 22 NOV 2016
Total assets in superannuation have grown 7.4% in the last 12 months, despite total contributions dipping 1.5%. According to APRA's Quarterly Superannuation Performance report, at the close of the September 2016 quarter assets totaled $2.1 trillion ...