Report
Tony Sherlock
EUR 101.80 For Business Accounts Only

Abacus' Long Servicing CEO Frank Wolf Hands Over to Steven Sewell

After 21 years with Abacus, including 11 years as managing director, Dr Frank Wolf is retiring, effective July 1, 2018. Dr Wolf’s retirement doesn’t impact our view on the financial prospects of the firm as Dr Wolf is but one member of the investment committee and the board determining the allocation of the firm’s capital. Further, each of the major property activities--office, retail, industrial, self-storage, residential--have experienced teams overseeing day-to-day operations, which will prov...
Underlying
Abacus Property Group

Abacus Property is a property group that operates predominantly in Australia. Co.'s operating segments include: property, which is engaged in the investment in and ownership of commercial, retail and industrial properties; funds management, which includes development, origination, co-investment and fund management activities; property ventures, which provides secured lending and related property financing solutions and is also responsible for Co.'s investment in joint venture developments and construction projects, as well as Co.'s investment in property securities; and storage, which is engaged in the investment in and ownership of self-storage facilities.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Tony Sherlock

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