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PROPERTY
Funds management
AMP has announced to the ASX that it is being sued by property fund manager Dexus regarding the sale of its real estate and domestic infrastructure equity business....
Funds management
DomaCom has temporarily withdrawn the product disclosure statement of its DomaCom managed investment fund for new business at the request of its trustee....
Financial planning
Deloitte’s Andrew Boal believes there is a role for financial advisers to help clients understand longevity literacy as retirees find themselves “asset rich, cash poor”, ...
Financial planning
ASIC has obtained interim orders from the Federal Court to freeze the assets of a Melbourne advice licensee in order to protect investor funds amid an ongoing investigati...
Funds management
Real estate debt provider DWS has appointed Matthias Naumann as chief investment officer for real estate for Asia-Pacific. ...
Funds management
Dexus has promoted its chief investment officer to become its next CEO, following the expected departure of Darren Steinberg in March 2024....
Funds management
Investment platform DomaCom has entered into a non-binding memorandum of understanding with super advice technology platform Super Fierce to offer residential property in...
Funds management
Three months since it was first announced, the firms have confirmed the proposed merger of the Cromwell Direct Property Fund and the Australian Unity Diversified Property...
Funds management
Dexus chief executive Darren Steinberg has announced his intention to step down in 2024 after more than a decade in the role, sparking a global search for his successor....
Funds management
Property funds have seen record quarterly outflows in the third quarter of 2023 while investors have demonstrated a bias to Australian equities over global ones, accordin...
Financial planning
ASIC has taken civil action against a company director for alleged unlicensed conduct and operating numerous unregistered managed investment schemes. ...
Financial planning
It is “too problematic” for managed accounts to hold real estate and infrastructure at the moment despite investors seeking exposure to these type in assets in the market...
Property
The Australian property market is heading into a major correction that is likely to be deeper and longer to recover from than in past cycles, analysis by AMP Capital sugg...
Financial planning
ASIC has sought to freeze the assets of Ashley Vincent Arandez who is alleged to have obtained $2.5 million from investors by suggesting their funds would be invested in ...
Financial planning
Interest in Australian property by foreign investors remains strong, according to HLB Mann Judd, despite high tax rates....
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Significant ethical issues there. If a relationship is in the process of breaking down then both parties are likely to b...
It's not licensees not putting them on, it's small businesses (that are licensed) that cannot afford to put them on. The...
So we are now underwriting criminal scams?...