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Showing 881 - 890 of 7104 results for "December"

NAB progresses closure of custody arm

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... services to our colleagues who have deep specialist knowledge and have created our proud client-centric culture." As of December, last year, NAB Asset Servicing was ranked the fifth largest custodian in Australia with $511.4 billion assets under custody ...

Dexus assets drop by $1bn

CASSANDRA BALDINI  |  WEDNESDAY, 21 JUN 2023
... capitalisation rate across the total portfolio expanded by 32 basis points (bp) over the past six months from 4.8% at 31 December 2022 to 5.12% this June. Further, the weighted average capitalisation rate of the office portfolio expanded by 32 bp over ...

Property market peril to continue: Quay Global Investors

CASSANDRA BALDINI  |  FRIDAY, 16 JUN 2023
... park in Mount Waverley, Victoria. "The sale will realise proceeds of $306.2 million, reflecting a 7.4% premium to the 31 December 2022 independent valuation," it said. The group added combined sales equate to about $700 million, representing an approximate ...

Decade-long Santos well leak prompts investor concern

ROSE MARY PETRASS  |  FRIDAY, 16 JUN 2023
... switching providers as part of a targeted campaign against the fund's $2 billion exposure to fossil fuels. As at 31 December 2022, Santos shares made up 0.49% of Rest's MySuper option Core Strategy, a spokesperson said. "We are an active owner ...

SWFs double in size, eye alternatives

JAMIE WILLIAMSON  |  THURSDAY, 15 JUN 2023
... held by funds in Asia which have primarily driven the overall growth with their total AUM rising 31% since the end of December 2021. China is also now home to the largest SWF, with the China Investment Corporation now at US$1.4 trillion, largely due ...

King's birthday honours for industry executives

CHLOE WALKER  |  TUESDAY, 13 JUN 2023
... finance sector, to women, and to the community. Funds SA director Jane Jeffreys, who has been with the organisation since December 2015, was recognised for her service to the South Australian community. "Each recipient has something in common: someone ...

Hostplus closes infrastructure, property options

JAMIE WILLIAMSON  |  TUESDAY, 13 JUN 2023
... three and five years, it's returned 11.84% and 7.29% respectively. Meanwhile, the infrastructure option - introduced in December 2019 - returned 8.94% for the 12 months to May 31. Over three years it's returned 9.45%. The fund has advised members who ...

Perth-based Ponzi scheme shut down by court

JAMIE WILLIAMSON  |  FRIDAY, 9 JUN 2023
... personal expenses, while also collected more than $1 million in fees for the "advice". This occurred between March 2017 and December 2020, and her husband Sadu Singh was also a director of the company. He was also found to have failed his duties as a ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
... allegations, evidence presented in the SEC's filing includes a message from Binance's chief compliance officer to a colleague in December 2018 that reads: "We are operating as a fking unlicensed securities exchange in the USA bro." The same executive ...

Cboe launches first ever global listing network

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
... challenges facing society, including climate change and the energy transition," Cboe said. Abaxx initially went public in December 2020 on Cboe Canada, operating as the NEO Exchange in Canada). Abaxx has received conditional approval to be intralisted ...