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Showing 101 - 110 of 208 results for "DOMA"

DomaCom launches affordable housing crowdfunding

ALEX BURKE  |  TUESDAY, 4 JUL 2017
DomaCom is partnering to launch a new crowdfunded investment vehicle, this time focusing on "resort-style" affordable housing for retirees. The partnership with Akuna Lifestyle Estates will see eight stages of development over three to four years to ...

Fairfax nixes private equity buyout

ALEX BURKE  |  MONDAY, 3 JUL 2017
The two private equity firms vying for Fairfax Media have withdrawn their non-binding offers. Hellman & Friedman and the TPG Group-led investor consortium were granted access to "confidential due diligence" to determine whether a binding proposal for ...

DomaCom chasing Federal Court exemption

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
DomaCom is supporting a Federal Court action appealing for its sub-funds to not be considered in-house assets or related trusts under the SIS (Superannuation Industry Supervision) Act. If successful, SMSF investors with the ASX-listed fractional investment ...

Fintech success insignificant so far: Fahy

JAMIE WILLIAMSON  |  MONDAY, 5 JUN 2017
So far fintech has largely been operating in the 'toy domain', with the industry yet to be disrupted in any meaningful way. Drawing a comparison to the biotech sector, Association of Superannuation Funds of Australia chief executive Martin Fahy said ...

FINSIA expands professional network

DARREN SNYDER  |  THURSDAY, 1 JUN 2017
The Financial Services Institute of Australasia is broadening its remit to include the securities and investment sectors as part of an expansion strategy for the finance professionals' network. Traditionally focused on the banking and institutional ...

Second private equity firm joins battle for Fairfax

ALEX BURKE  |  FRIDAY, 19 MAY 2017
In the battle for Fairfax Media, a new US-based bidder has entered the fray. Hellman & Friedman (H&F), established in 1984 by Lehman Brothers and Salomon Brothers executives Warren Hellman and Tully Friedman and with about $50 billion in assets under ...

Pension fund eyes Fairfax Media

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2017
A Canadian pension fund has made a play at acquiring selected Fairfax Media assets, joining forces with private equity firm TPG as part of an investment consortium. Fairfax confirmed today that the board of the $175 billion Ontario Teachers' Pension ...

AZ NGA firm procures consultant

JAMIE WILLIAMSON  |  MONDAY, 10 APR 2017
AZ Next Generation Advisory subsidiary Wise Planners acquired the corporate superannuation consulting business of a North Sydney-based financial advisory firm. The purchase of Northbridge Financial Consulting from Northbridge Financial Solutions brings ...

Unclear disclosure costs bank $5m

KARREN VERGARA  |  MONDAY, 3 APR 2017
The Australian and Securities Investment Commission has forced Citibank to refund about $5 million to 230,000 customers for failing to properly disclose credit card international transaction fees. Citibank began charging international transaction fees ...

DomaCom signs global agriculture crowdfunding deal

EMMA RAPAPORT  |  WEDNESDAY, 15 MAR 2017
Fractional property investing platform DomaCom finalised its first foray into agricultural assets with a deal that gives its investors a stake in pastoral land among Victoria's Western Districts. The 150-hectare property, Doyles, is outside Casterton ...