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Showing 931 - 940 of 13905 results for "State"

Federal Court quashes ANZ appeal

KARREN VERGARA  |  THURSDAY, 3 OCT 2024
The Federal Court threw out ANZ's appeal against a ruling it breached continuous disclosure laws relating to a 2015 institutional share placement and upheld the bank pay the $900,000 penalty. ASIC took action on ANZ in 2018, alleging it failed to notify ...

QIC reports $9bn record earnings

KARREN VERGARA  |  WEDNESDAY, 2 OCT 2024
... develop new capabilities as a sovereign in-house LP and drive tangible financial outcomes aligned to priorities for the state, as evidenced by the FY23-24 results."

Growthpoint sells down majority stake in six industrial assets

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
NASDAQ-listed alternatives fund manager TPG will acquire a major stake in six assets of Growthpoint Properties Australia's industrial and logistics portfolio. Terms of the agreement will see the US fund manager's subsidiary TPG Angelo Gordon ...

GESB adopts Protecting Your Super reforms

JAMIE WILLIAMSON  |  MONDAY, 30 SEP 2024
... changes it's looking to implement to ensure sustainability. This month, the West Australian government passed amendments to State Superannuation Regulations 2001 to align the fund with the broader superannuation industry and the Protecting Your Super ...

Citigroup, Apollo partner in private credit push

KARREN VERGARA  |  MONDAY, 30 SEP 2024
... their strategic goals," Citi head of banking and executive vice chair Viswas Raghavan said. Apollo recently teamed up with State Street Global Advisors (SSGA) to bring a private credit ETF to market in the US. Capitalising on the speedy growth of private ...

Retirement calculators 'can't be counted on': SCA

ANDREW MCKEAN  |  MONDAY, 30 SEP 2024
... PDS. Diversa offered a generic calculator for all the funds for which they are the trustee, while BT and Colonial First State used the generic fee assumptions sourced from MoneySmart rather than tailoring them to their product. The calculators provided ...

Colonial First State hires PE head, farewells sales exec

ELIZABETH FRY  |  FRIDAY, 27 SEP 2024
Colonial First State has hired a local investment director from a global pension fund to run private equity and unlisted assets. At the same time, its head of investment sales has exited. The wealth and superannuation giant confirmed that Chloé Brayne ...

GQG breaches SEC whistleblower protection laws

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
GQG Partners was hit with a US$500,000 fine by the US Securities and Exchange Commission (SEC) for violating whistleblower protection laws via the use of non-disclosure agreements (NDAs). The watchdog found NDAs the fund manager entered with 12 potential ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Household wealth rose for the seventh consecutive quarter - rising 1.5% or $250 billion - in June 2024, according to data from the Australian Bureau of Statistics (ABS). Total household wealth was $16.5 trillion in the June quarter, which was 9.3% ($1.4 ...

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... management are IFM Investors, Yarra Capital, Paradice Investment Management, Acadian Asset Management, Greencape Capital, State Street, Allan Gray, and Hyperion Asset Management. In international equities, the leading managers are Baillie Gifford, State ...