Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 101 - 110 of 247 results for "USD"

CalPERS investment lead targeted by Congressman

HARRISON WORLEY  |  FRIDAY, 14 FEB 2020
... Banks has urged for the sacking of CalPERS chief investment officer Yu Ben Meng, claiming Meng has invested some of CalPERS' USD$336 billion under management in Chinese companies which have been blacklisted by the US government. Taking to Twitter, Banks ...

Global asset manager fills giant impact fund

HARRISON WORLEY  |  THURSDAY, 13 FEB 2020
The doors are officially shut on KKR's USD$1.3 billion global impact fund, with the firm itself tipping in around 10% of the funds invested. KKR has announced the final closing of the KKR Global Impact Fund, which is dedicated to investing in companies ...

New boutique at Pinnacle

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... "[Reminsicent] provides Pinnacle with further diversification and growth into liquid alternatives, an offshore client base and USD revenue stream," Pinnacle said in its half-year performance results out today. "Discretionary Asian macro has wide appeal ...

Ponzi scheme rakes in almost $1.5bn

HARRISON WORLEY  |  TUESDAY, 28 JAN 2020
... been charged by the US Securities and Exchange Commission for allegedly running a Ponzi scheme worth just under $1.5 billion (USD$1billion). The SEC has charged Jeffery and Paulette Carpoff with violating antifraud provisions of USfederal securities ...

American private debt fund eyes Australia

KANIKA SOOD  |  THURSDAY, 23 JAN 2020
... credit vehicle that will invest in about 20 to 25 earlier stage companies, with a return target of above 10%. The capacity is USD $500 million to $600 million. The second option, is an asset income strategy, with a lower return profile than the first ...

Super funds to crack 13% by year end, retail leading

KANIKA SOOD  |  THURSDAY, 5 DEC 2019
... "To understand super fund performance we need to look at what is happening in these markets. The AUD falling relative to the USD by 8% so far this year also boosts the value of overseas assets, which adds to superannuation fund valuation increases."

J.P. Morgan predicts extended income squeeze

ELIZABETH MCARTHUR  |  TUESDAY, 26 NOV 2019
... markets outside of the US look set to offer higher returns in AUD terms, reflecting stronger expected depreciation in the USD than in other currencies," Craig said. This is the 24th year that J.P. Morgan has released the Long-Term Capital Market Assumptions ...

FIIG makes first impact investing play

HARRISON WORLEY  |  MONDAY, 11 NOV 2019
... Australia by a non-Australian entity, in Australian dollars. VisionFund claims to have provided 16 million loans worth around USD$9 billion over the last 15 years to mostly women in 28 developing nations. It points out that around 1.7 billion adults ...

US reaches $1bn settlement over 1MDB scam

ELIZABETH MCARTHUR  |  WEDNESDAY, 6 NOV 2019
... Berhad (1MDB) and laundered that money through the US, Switzerland, Singapore and Luxembourg. The US has now settled to recover USD $700 million (over AUD $1 billion) in assets traceable to corruption involving the sovereign wealth fund. The assets to ...

Afterpay slides in global fintech rankings

HARRISON WORLEY  |  TUESDAY, 5 NOV 2019
... payment facilities. It's unicorn status was confirmed this year after a successful Series C fundraising round, which reached USD$100 million and sent its value beyond USD$1 billion. Last year the firm underwent a USD$80 million funding round, reportedly ...