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

Search Results

Showing 841 - 850 of 11812 results for "Price"

Iress sells MFA business, reports $140m loss

CASSANDRA BALDINI  |  MONDAY, 21 AUG 2023
... $59.5 million in the prior corresponding period while revenues increased by 2% to $315 million. Iress chief executive Marcus Price said the new strategy aims to deliver a simpler, more focused business with higher returns for shareholders. "Our half-year ...

Industry Fund Services enters strategic partnership

JAMIE WILLIAMSON  |  THURSDAY, 17 AUG 2023
Industry Fund Services (IFS) is partnering with the tech build and design unit of Boston Consulting Group to develop financial education and wellbeing solutions for super fund members. IFS will work with BCG X to "explore how the sector could work together ...

Institutional investor pumps $750m into Qualitas fund

CHLOE WALKER  |  WEDNESDAY, 16 AUG 2023
The commitment to the Qualitas Construction Debt Fund II will allow the investment manager to capitalise on upcoming attractive opportunities in the commercial real estate (CRE) private credit sector. The commitment of $750 million by an unnamed institutional ...

US inflation rises 3.2%

KARREN VERGARA  |  FRIDAY, 11 AUG 2023
... indicators find that soaring prices are finally moderating. According to the US Bureau of Labor Statistics, the Consumer Price Index (CPI) rose 0.2% in July on a seasonally adjusted basis year on year. On a month-by-month basis, food prices rose 0.2% ...

High rates impacting REITs: Quay

CHLOE WALKER  |  FRIDAY, 11 AUG 2023
... UK and Europe, Blaess met with over 50 listed real estate management teams across many sectors. "Given the general share price malaise, and the magnitude and pace of rate hikes, it would not be unreasonable to expect a tempered outlook," Blaess said. ...

PGIM client group lead in sudden departure

ELIZABETH FRY  |  FRIDAY, 4 AUG 2023
... Australia client group suddenly left the firm. PGIM has confirmed that Murray Brewer - who spent more than 14 years with T. Rowe Price - has departed the US$1.2 trillion investment manager. It is understood that PGIM is searching for a replacement. Brewer ...

Industry fund chief named Fund Executive of the Year

ANDREW MCKEAN  |  FRIDAY, 4 AUG 2023
... contribution to ART and the superannuation industry, Reilly was awarded a $30,000 education grant by award sponsor T. Rowe Price. FEAL chair Brian Delaney said: "Bernard's leadership has taken two already strong funds that were locally focussed through ...

Banking sector fears propel family offices towards metals

CHLOE WALKER  |  FRIDAY, 4 AUG 2023
... UK, UAE, France, Germany, Switzerland, Qatar, and Saudi Arabia. Findings revealed that 85% of family offices expect the price of gold to increase this year, with more than half predicting a price increase of 5% or more by the end of the year. What's ...

Commercial property deals stuck at 2011 levels

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
... slump induced by the Global Financial Crisis. Still, in times like these opportunities are out there, but only at the right price and that's the biggest sticking point at the moment," MSCI head of Pacific Real Assets Research Benjamin Martin-Henry ...

Mortgage holders, retailers relax after rate pause

KARREN VERGARA  |  WEDNESDAY, 2 AUG 2023
Mortgage holders and retailers breathed a resounding sigh of relief when the Reserve Bank of Australia (RBA) steadied the cash rate for the second month in a row. In leaving the base rate at 4.1%, the RBA signalled that its monetary policy strategy ...