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

Search Results

Showing 1 - 10 of 100+ results for "Class A"

Dexus cornerstones Australian Unity healthcare raise

KANIKA SOOD  |  WEDNESDAY, 9 JUN 2021
Dexus is investing $180 million in an Australian Unity property trust, as it looks to tap into the latter's pipeline of healthcare property assets. The Australian Unity Healthcare Property Trust holds 67 properties and is valued at $2.3 billion. Dexus ...

IFM Investors named in class action

ELIZABETH MCARTHUR  |  MONDAY, 7 JUN 2021
IFM Investors has been named in a class action regarding the Colonial Pipeline, which the industry fund investment house acquired in 2007 as part of a consortium. The class action was filed in the United States District Court in the Northern District ...

LIBOR phased out by year end

ELIZABETH MCARTHUR  |  FRIDAY, 4 JUN 2021
Australian regulators expect institutions to cease the use of LIBOR in new contracts before the end of 2021. ASIC, APRA and the Reserve Bank of Australia have reiterated the importance of ensuring a timely transition away from the London Interbank Offered ...

Class action consultation opens

ANNABELLE DICKSON  |  TUESDAY, 1 JUN 2021
Following industry backlash last year, the government is consulting on the recommendations for litigation funding and class actions. The Parliamentary Joint Committee on Corporations and Financial Services Report Litigation funding and the regulation ...

Court says minister has 'duty of care' in coal investment

ELIZABETH MCARTHUR  |  FRIDAY, 28 MAY 2021
The Federal Court has ruled in favour of eight high school students, finding that the Federal Environment Minister has a duty of care not to cause them harm from climate change. The case was brought by Equity Generation Lawyers principal David Barnden. ...

Superannuation assets hit $3.13tn

KARREN VERGARA  |  WEDNESDAY, 26 MAY 2021
Superannuation assets hit a record high of $3.127 trillion at the end of the March 2021, new APRA figures show. This is a 15.1% increase year on year, APRA said in releasing the quarterly figures, attributing the growth to strong investment performance. ...

Super funds hunt for co-investment deals

KARREN VERGARA  |  TUESDAY, 25 MAY 2021
Superannuation funds' appetite for alternative investments, particularly private equity and infrastructure, is heating up, new research shows. Joint research by Preqin and the Australian Investment Council reveal super funds are on the hunt for ...

Loomis Sayles wins super fund mandate

KARREN VERGARA  |  FRIDAY, 14 MAY 2021
An industry superannuation fund awarded a $180 million mandate to Loomis, Sayles & Company. Statewide Super appointed Loomis Sayles for an asset-backed securitised strategy aiming to achieve returns of cash plus 2% to 3%. Based in Boston, Loomis Sayles ...

James Murdoch launches SPAC

ELIZABETH MCARTHUR  |  FRIDAY, 14 MAY 2021
... acquisitions. In its initial public offering of securities each unit has an offering price of US$10 and consists of one Class A ordinary share and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class ...

CBA adds $32m to advice remediation bill

KARREN VERGARA  |  WEDNESDAY, 12 MAY 2021
The Commonwealth Bank has upped its indemnity bill to $252 million for dodgy financial advisers who were part of its former subsidiary Count Financial. CBA sold off Count Financial to CountPlus in mid-2019. At the time, CBA provided $200 million in ...
PREVIOUS
NEXT