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

Search Results

Showing 61 - 70 of 2504 results for "Centre"

Perpetual restructures asset management leadership, regional chiefs exit

ANDREW MCKEAN  |  THURSDAY, 24 AUG 2023
Perpetual has established a global asset management leadership team as part of a refreshed strategy, leading to changes in its executive committee. In an ASX announcement, Perpetual revealed that its regional asset management units have unified under ...

ClearView reset pays dividends

KARREN VERGARA  |  WEDNESDAY, 23 AUG 2023
ClearView's decision to target the life insurance market solely is paying off as it grows its in-force premiums during the 2023 financial year and new business pours in. ClearView's new business sales was driven solely by its ClearChoice products suite ...

Centrepoint names new chair, borrows $10m for M&A

CASSANDRA BALDINI  |  WEDNESDAY, 23 AUG 2023
As the former ClearView chief takes over as chair of the group, the new loan will fuel its commitment to accelerating growth through mergers and acquisitions. After seven years at the head of the table, Alan Fisher is stepping down as chair of Centrepoint ...

Barwon snaps up $124m of healthcare assets

ANDREW MCKEAN  |  FRIDAY, 11 AUG 2023
... institutional fund to $1.4 billion. The Barwon Institutional Healthcare Property Fund (BIHPF) acquired the Mons Road Medical Centre in the Westmead health precinct for $38 million. The Medical Centre encompasses 2898 square meters of net lettable area ...

Active Super to face action over greenwashing

RACHEL ALEMBAKIS  |  FRIDAY, 11 AUG 2023
... action against Vanguard Investments and against Mercer Super earlier this year. ASIC's allegations against Vanguard centre around "false and misleading statements and engaged in conduct liable to mislead the public in representing that all securities ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... urged to liquidate the $250 billion Future Fund and pay down its $896 billion debt. According to a paper published by the Centre For Independent Studies, penned by Dimitri Burshtein, the sovereign wealth fund stands as the Commonwealth's tenth largest ...

HESTA moves 10% of portfolio in-house

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
HESTA has significantly grown its in-house capability, resulting in the fund now handling nearly $7 billion or 10% of its portfolio internally. The news comes 18 months after the $74 billion super fund launched its internalisation strategy. In December ...

AAC at centre of billionaire insider trading scheme

CHLOE WALKER  |  WEDNESDAY, 26 JUL 2023
The British billionaire owner of Tottenham Hotspur and majority shareholder of Australian Agricultural Co, Joe Lewis, has been criminally charged in New York for orchestrating a "brazen insider trading scheme." Lewis, founder of investment firm Tavistock ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... income producing assets to complement our existing industrial development pipeline in the strongly performing logistics centre," UniSuper senior manager property Nick Stephens said. "The investment adds to our $7.3 billion unlisted property portfolio." ...

APRA toughens stress testing frequency, valuation stance

KARREN VERGARA, RACHEL ALEMBAKIS  |  FRIDAY, 21 JUL 2023
... more robust governance of fund investments and ensure trustees put the best financial interests of their members at the centre of investment strategies and decisions." "The reforms have been broadly welcomed by trustees, many of whom have sharpened their ...