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Showing 101 - 110 of 936 results for "NAV"

Blackstone limits withdrawals on $103bn real estate fund

CASSANDRA BALDINI  |  TUESDAY, 4 APR 2023
... repurchase. Blackstone explained, in accordance with its repurchase plan, BREIT fulfilled requests equal to 2% of net asset value (NAV) in January and February, leaving 1% of NAV eligible for repurchase in March. Since BREIT's formation over six years ...

Mantis Funds wins new distribution mandate

CHLOE WALKER  |  MONDAY, 3 APR 2023
Mantis Funds has teamed up with UK-based Atlantic House to launch the Atlantic House Defined Returns Fund in Australia later this quarter. As a part of a deal, and in conjunction with Equity Trustees as responsible entity, Atlantic House will build ...

Cbus chief executive steps down

JAMIE WILLIAMSON  |  THURSDAY, 30 MAR 2023
Justin Arter is stepping down as chief executive of the $73 billion industry fund in May. Cbus said Arter is retiring from the fund following mergers with Media Super and EISS Super, with the fund now switching its attention to organic growth and member ...

Rest switches up recruitment focus

ELIZABETH FRY  |  FRIDAY, 24 MAR 2023
Andrew Lill, the chief investment officer of $70 billion super fund Rest, says the role of a CIO is changing and not just because investment heads have to respond quickly to more volatile markets. Increasingly, investment chiefs must consider a range ...

The unique experience of a single woman

CASSANDRA BALDINI  |  TUESDAY, 21 MAR 2023
Facing dodgy dates, ticking biological clocks and an endless procession of nosey family members asking after their private life, single women have plenty on their plates - and all with a serve of financial disadvantage on the side. Global statistics ...

We are closer to a pause: Lowe

CASSANDRA BALDINI  |  WEDNESDAY, 8 MAR 2023
The Reserve Bank of Australia (RBA) delivered its tenth consecutive rate hike, raising the cash rate by 25bps to 3.60%, however RBA governor Philip Lowe signaled a break could be in sight. "We are closer to a pause," Lowe said today while speaking at ...

In need of repair: Gender stereotypes and advice

KARREN VERGARA  |  TUESDAY, 7 MAR 2023
If a male and female customer, each experiencing the same car troubles, take their vehicles for repairs to the same mechanic, who is more likely to get ripped off? That a woman will end up paying more is a tired cliché that continues to play out in ...

Stafford Capital adds superannuation lead

ELIZABETH FRY  |  FRIDAY, 3 MAR 2023
... (SCOT). Five years later, Stafford launched the Stafford Private Credit Income Opportunities Fund seeded with a $132 million NAV secondary transaction. Stafford Capital Partners chair Brett Himbury said Milburn-Pyle's experience working at APSS ...

Lazard Asset Management creates family office division

CHLOE WALKER  |  FRIDAY, 3 MAR 2023
Lazard Asset Management (LAM) has acquired US-based firm Truvvo Partners (Truvvo) to form Lazard Family Office Partners. The two firms bring together approximately $11.7 billion in assets, including LAM's existing US private client business. Together ...

LIC hunts for investment manager

KARREN VERGARA  |  WEDNESDAY, 1 MAR 2023
... global equities market." Wall added that HGV continues to focus on reducing the significant gap between its share price and NAV - which at the time was four cents per HGV share.