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Showing 811 - 820 of 3717 results for "Melbourne"

Melbourne fund tightens redemptions amid COVID-19

KANIKA SOOD  |  FRIDAY, 3 APR 2020
A Melbourne boutique has moved its real estate and infrastructure fund from daily redemptions to monthly, citing COVID-19 volatility and drawdown. Newgate Capital Partners wrote to investors on Wednesday, informing them of the changes in the Newgate ...

Business unusual: COVID-19 threats facing real estate

ALLY SELBY  |  THURSDAY, 2 APR 2020
... reduction in auction clearance rates, he said, with the preliminary rate falling to 61.3% as of March 22. The Westpac-Melbourne Institute Index of House Price Expectations fell to 6.6% in March, the largest monthly decline since February 2019, Peleg ...

BGH Capital, Canadian pension fund shelve NZ acquisition

KANIKA SOOD  |  WEDNESDAY, 1 APR 2020
Melbourne private equity firm BGH Capital and the Ontario Teachers' Pension Plan have shelved the proposed acquisition of an Australia New Zealand dental practice chain as COVID-19 shutdowns impact the latter's operations. Abano Healthcare Group ...

The week that was

JAMIE WILLIAMSON  |  FRIDAY, 27 MAR 2020
... Australian's under financial stress amid the crisis. Calls for super release to borrow from RBA A University of Melbourne finance professor and Super Consumers Australia director has proposed an alternative solution to soften the blow of COVID-19 ...

Why banks are lifting TD rates

ALLY SELBY  |  FRIDAY, 27 MAR 2020
... rate." Since the announcement, 25 other banks have followed suit, including Westpac, NAB, St George, Suncorp, Bank of Melbourne, Bank of Queensland, HSBC and Macquarie Bank. Westpac acting chief executive Peter King said the bank was determined to assist ...

Calls for super release to borrow from RBA

ALLY SELBY  |  TUESDAY, 24 MAR 2020
A University of Melbourne finance professor and Super Consumer Australia director has proposed an alternative solution to soften the blow of COVID-19, one reliant on borrowing funds from the Reserve Bank of Australia rather than superannuation funds. ...

Investment specialist joins sustainable fund manager

ALLY SELBY  |  TUESDAY, 24 MAR 2020
... independent investment committee member for the Lord Mayor's Charitable Foundation, a philanthropy organisation based in Melbourne. O'Dea said she was excited to join the Lighthouse team, and to deliver socially responsible investment products for institutional ...

Mirae appoints wholesale distribution lead

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
... portfolio that is managed out of Korea. In the last year, it started a private debt business in Australia managed out of Melbourne. "We are looking to develop a multi-diversified business in Australia, similar to Mirae's international business," ...

Prodigy folds, two boutiques to shut

KANIKA SOOD  |  WEDNESDAY, 18 MAR 2020
... Prodigy's boutiques had about $80 to $90 million, with no institutional investors. It had two offices - in Sydney and Melbourne - with about a dozen staff. Dalton and Equus will wind down their funds and return capital to investors. Both of their ...

Citi to expand local securities team

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... Carpenter said. Citi said its newly-boosted Sydney team would complement the bank's "strong existing presence in Melbourne". "This transaction reflects Citi's ongoing investment and commitment to the Securities Services business both globally ...