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Showing 971 - 980 of 7086 results for "June 2011"

Worst performing super funds named

CASSANDRA BALDINI  |  WEDNESDAY, 12 OCT 2022
Stockspot's Fat Cat Funds Report has named and shamed the worst performing superannuation funds in Australia, all of which are retail offerings. OnePath was named the overall worst performer, followed by Colonial First State, AMP, and ClearView. ...

Mirvac Group chair, chief executive step down

CASSANDRA BALDINI  |  TUESDAY, 11 OCT 2022
Mirvac Group will lose its chair John Mulcahy and chief executive Susan Lloyd-Hurwitz, as both announce their plans to retire. Mulcahy, who previously stated he would leave the property group following the end of his three-year term, will officially ...

Retail the next frontier for private markets: Preqin

ANDREW MCKEAN  |  FRIDAY, 7 OCT 2022
According to the Preqin Future of Alternatives in 2027 report, fund managers are pivoting to retail investors as institutional fundraising slows. The report said that private capital fund managers have long tried to tap into the retail market, having ...

Cromwell sells stake in LDK

CHLOE WALKER  |  FRIDAY, 7 OCT 2022
The real estate investor and fund manager has sold its 50% equity interest in LDK Healthcare (LDK) to Anglicare Sydney (Anglicare). As part of the deal, Cromwell will initially receive $20 million, and will keep hold of its secured interest-bearing ...

ESR, GIC start sustainable venture

CHLOE WALKER  |  THURSDAY, 6 OCT 2022
Alongside Singaporean sovereign wealth fund GIC, property giant ESR has raised $540 million for a combined anchor close of EADP II, a develop-to-core logistics fund that will further expand ESR Australia's strategy of delivering premium, sustainable ...

Magellan FUM drops further

JAMIE WILLIAMSON  |  THURSDAY, 6 OCT 2022
Magellan Financial Group has seen a further $7 billion shaved off its funds under management in September. The group saw net outflows of $3.6 billion, $3.2 billion of which was institutional FUM while $0.4 billion was net retail outflows. The balance ...

BUSSQ sees strength in niche super

ELIZABETH FRY  |  FRIDAY, 30 SEP 2022
The choice to replace BUSSQ chair Paula Masters with a builder with years of hands-on industry experience makes sense. Chris Taylor hails from a very different background from the chairs of other super funds. It is an unusual appointment, alright. He ...

Qualitas secures $440m for debt fund

CHLOE WALKER  |  FRIDAY, 30 SEP 2022
The alternative real estate investment manager has secured a new capital commitment from a global institutional investor to underwrite its Construction Debt Fund II. The investment increases the size of the debt fund to approximately $1.2 billion of ...

Court dismisses CBA, CFS conflicted remuneration case

JAMIE WILLIAMSON  |  THURSDAY, 29 SEP 2022
The Federal Court dismissed ASIC's case against Commonwealth Bank and Colonial First State in relation to the distribution of Essential Super. CBA staff signed up over 390,000 people to CFS's Essential Super between July 2013 and June 2019. ...

RBA progresses digital currency project

CASSANDRA BALDINI  |  TUESDAY, 27 SEP 2022
The Digital Finance Cooperative Research Centre (DFCRC) and the Reserve Bank of Australia (RBA) have released joint research report, providing an update on the possible central bank digital currency (CBDC) the two are exploring. The report titled Australian ...