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Showing 881 - 890 of 5856 results for "West"

Elanor healthcare fund continues expansion

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
Elanor Investors Group has announced its fourth acquisition to the Elanor Healthcare Real Estate Fund (EHREF) with the purchase of a medical facility. The fund acquired a multi-tenanted medical facility in Rockingham, Western Australia for $22.9 million ...

Westpac enters into court enforceable undertaking

ANNABELLE DICKSON  |  THURSDAY, 3 DEC 2020
Following the Australian Prudential Regulation Authority's (APRA) review into Westpac's risk governance, both parties have agreed to a court enforceable undertaking (CEU). The CEU requires Westpac to develop an integrated plan that incorporates ...

Funds' net-zero ambitions collide with Santos

ELIZABETH MCARTHUR  |  WEDNESDAY, 2 DEC 2020
Australian oil and gas company Santos' carbon reduction plan has been heavily criticised, with critics pointing out many super funds invested in the company have made declarations on climate change that don't match their actions. According to ...

Pension plan sued for expensive, active strategy

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
US-based Fidelity Investments has been caught up in a class action that alleges a major pension plan exposed members to risky, expensive actively-managed investments instead of allocating to safer passive options. The complaint, filed against Coca-Cola ...

EQT wins custody mandate

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
... REIT (HDN). HDN's portfolio includes retail property in New South Wales: Gregory Hills Town Centre in Sydney's south west and Glenmore Park Town Centre near Penrith. It is set to acquire Queensland-based Marsden Park Shopping Centre for $48 million. ...

New internal audit guide for finance sector

KARREN VERGARA  |  WEDNESDAY, 2 DEC 2020
A new best-practice guide for the boards and internal auditors of superannuation funds, banks and financial service providers has been released. The Institute of Internal Auditors (IIA) has released The Better Practice Guide, which was developed with ...

FPA appoints director

ANNABELLE DICKSON  |  TUESDAY, 1 DEC 2020
... She is currently a member of the audit and risk committee at ICAC, chair at breakthru, Women in Banking and Finance, City West Housing and a non-executive director of Australian Property Institute and Modibodi. D'Ambra was previously chair of the Australian ...

Former Class Super chief joins regtech board

KANIKA SOOD  |  TUESDAY, 1 DEC 2020
An ASX-listed regtech has appointed a former chief executive of Class Super as a non-executive director. Rajarshi Ray is joining the board of Kyckr, which offers know-your-client and solutions to financial services firms and other regulated businesses. ...

APRA takes action against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 1 DEC 2020
The prudential regulator has launched action against Westpac over material breaches of liquidity standards. The breaches, which were identified during 2019 and 2020, relate to the incorrect treatment of specific funding and loan products for the purposes ...

COVID-19 upends business travel, technology

KARREN VERGARA  |  MONDAY, 30 NOV 2020
The leaders of major organisations will travel less and accelerate digital transformation ahead of other investments thanks to the way COVID-19 has disrupted operations, a Westpac survey found. Over 110 chief executives canvassed in Westpac's Asia ...