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

Search Results

Showing 831 - 840 of 5902 results for "Second"

GQ Multifamily platform boost BTR pipeline

CHLOE WALKER  |  THURSDAY, 1 JUN 2023
... to deliver "much needed apartment stock" to the market. The news comes after GQ Multifamily announced the closure of its second BTR fund in February. With two sites currently under construction in St Kilda and Southbank and another two to commence construction ...

4D Infrastructure welcomes new investment director

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... global listed infrastructure funds, he worked at Merrill Lynch as an analyst on the hedge fund sales desk. This marks the second time Snelgrove and Shaw have worked together, with Shaw having also previously spent time at RARE Infrastructure. Commenting ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
Macquarie decided to close the fund after identifying significant increases in management fees would need to be incurred by the investor to keep it running sustainably. The investment manager said a strategic review determined the Macquarie Professional ...

Art tops UHNWs shopping lists

CHLOE WALKER  |  THURSDAY, 18 MAY 2023
... buying a greater range due to increased entertaining, business and generally more time spent in their main residence and second homes throughout the pandemic. "This enthusiasm led to a surge in demand from collectors redecorating their homes but was ...

Reserve Bank is done at 3.85%: CBA

CASSANDRA BALDINI  |  WEDNESDAY, 17 MAY 2023
... minimum wage will be critical for the outlook for wages growth along with inflation and the monetary policy outlook in the second half of this year, he added. The onerous data isn't the only cause for concern. "We have seen money markets repricing ...

Abolishing FDSs a major win: Panel

KARREN VERGARA  |  TUESDAY, 16 MAY 2023
... When Travers works with advisers, he urges them to limit their services to one or two that they can deliver per year. The second trend he observes is the way that product providers receive consent. "I can see how it happened, but the fee consent process ...

AustralianSuper mistake spurs call for regulatory intervention

ANDREW MCKEAN  |  MONDAY, 15 MAY 2023
Super Consumers Australia (SCA) is urging all superannuation funds to review their account handling processes in the wake of AustralianSuper refunding $70 million to approximately 100,000 members who held multiple accounts with the fund. Last week ...

Cbus, EISS Super finalise merger

JAMIE WILLIAMSON  |  MONDAY, 15 MAY 2023
... funds for their professionalism and commitment to getting the right outcomes for members," Foster said. This marks Cbus' second merger in 13 months, with the fund merging with Media Super in April 2022. Between them, the mergers added $10 billion to ...

AustralianSuper to refund 100k members

CHLOE WALKER  |  FRIDAY, 12 MAY 2023
AustralianSuper will refund $70 million it overcharged 100,000 members after it failed to detect that they had multiple accounts. The country's largest superfund has self-reported itself to regulators after realising it overcharged current and former ...

GAM shareholders challenge acquisition

JAMIE WILLIAMSON  |  THURSDAY, 11 MAY 2023
... offer complies with the Swiss minimum price requirement as well as the rules regarding cash alternatives." This is the second challenge raised by the group, having previously said the offer from Liontrust undervalues GAM and does not reflect the "significant ...