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Showing 31 - 40 of 86 results for "Brake"

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...

Aurora takes acquisition bid to Federal Court

KARREN VERGARA  |  FRIDAY, 3 AUG 2018
Aurora Funds Management will take its acquisition bid for Molopo Energy to the Federal Court of Australia after the Takeovers Panel decided to put the brakes on the transaction. Aurora has applied for a judicial review of the panel's decision, which ...

Future Fund reshuffles investment team

KARREN VERGARA  |  TUESDAY, 12 JUN 2018
The Future Fund announced a raft of changes to its investment team as it looks to grow over the next decade. Head of property Barry Brakey is leaving the Future Fund after 10 years. He led the development of a quality property portfolio with exposures ...

Labor's imputation credit reform cops industry backlash

KARREN VERGARA  |  WEDNESDAY, 14 MAR 2018
The Labor Party's proposed dividend imputation reforms has received backlash from numerous industry heavyweights believing it will have unintended and negative implications on retirees. Shadow treasurer Chris Bowen proposed to eliminate the cash rebate ...

Future Fund reshuffles investment team

KARREN VERGARA  |  THURSDAY, 8 MAR 2018
The Future Fund is making several changes to its leadership team in an effort to simplify its structure and strengthen its investment, technology and risk functions. Its chief investment strategist will also leave in April. Raphael Arndt will continue ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
It was a ho-hum event, the Reserve Bank of Australia's (RBA) 3 October board meeting, that is. The Australian central bank kept interest rates unchanged as widely expected. This takes to 14 the number of months the RBA has kept the official interest ...

SMSF associations announce merger

EMMA RAPAPORT  |  FRIDAY, 26 MAY 2017
Two industry associations that collectively speak for more than 100,000 self-managed superannuation fund trustees are merging to create a united voice. The Self-managed Independent Superannuation Funds Association, established in 1998 to represent the ...

SMSFs hit hard by super reform

KARREN VERGARA  |  TUESDAY, 9 MAY 2017
About a third (31%) of self-managed super fund members will be adversely affected by the impending superannuation reforms - not 4% the government grossly underestimated in last year's budget. A new report from SMSF software company Class found Baby ...

Vehicle sales hit the roadblock

BENJAMIN ONG  |  TUESDAY, 14 FEB 2017
The China Association of Automobile Manufacturers (CAAM) reported that total vehicle sales grew by a mere 0.2% in the year to January - the slowest since February last year. This compares with annual growth rates of 9.5% in December and 16.6 in November. ...

WTW senior consultant moves to Vision Super

ALEX BURKE  |  THURSDAY, 24 NOV 2016
... Australia has appointed a new senior investment consultant, while another has left to take on a new role at Vision Super. Sue Brake joins Willis Towers Watson from the NZ Super Fund, where she was a senior investment strategist for seven years, reporting ...