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

Search Results

Showing 1191 - 1200 of 2671 results for "Purchase"

Central bank Olympics - the race is on

BENJAMIN ONG  |  MONDAY, 8 AUG 2016
... willingness,[and] ability to do so." - but more because the bank's fresh policy easing initiatives - the corporate sector purchase programme (CSPP) and the targeted longer-term repo operations (TLTRO II) - have only unleashed in June. The Fed was another ...

Industry fund CIO leaves for impact investor

DARREN SNYDER  |  WEDNESDAY, 3 AUG 2016
... of our internal investment capability and provided outstanding leadership to our investment team. Following our recent purchase of StatePlus, First State Super now controls one of the largest pools of capital ($71 billion) in Australia and this presents ...

Wilson submits request to shut down Aurora fund

ALEX BURKE  |  WEDNESDAY, 3 AUG 2016
Wilson Asset Management has submitted a request for an extraordinary general meeting to wind up an Aurora Funds Management fund. Aurora is the responsible entity for the HHY Fund, which is designed to give investors exposure to loans and hybrid securities ...

AMP buys SMSF accounting platform

ALEX BURKE  |  TUESDAY, 2 AUG 2016
... Vestdata; tax and practice management software integration; automatic income allocation; and customisable reporting. AMP's purchase will be structured as an initial $1.25 million payment followed by another $1.25 million after a "two-year earn-out period." ...

MYOB acquires Greentree

DARREN SNYDER  |  TUESDAY, 2 AUG 2016
Cloud-based business management solutions provider MYOB has acquired a New Zealand enterprise resource planning software firm for about $27 million. MYOB told the ASX yesterday it had purchased Auckland-based Greentree, a provider to more than 850 larger ...

Sustainable office trust attracts major new investor

MARK SMITH  |  THURSDAY, 28 JUL 2016
... (HISOT). UFS is the first institutional investor to support HISOT, alongside the CEFC and EG. As HISOT grows it will purchase eligible buildings and reposition them. In broad terms, HISOT intends to improve the energy efficiency of properties to the ...

Centuria's Macquarie strategy pays off

DARREN SNYDER  |  THURSDAY, 28 JUL 2016
... then took the property to market through CBRE. Huljich said the heightened interest in the sales campaign and the high purchase price were validations of Centuria Property's active management philosophy. Centuria also recently exchanged contracts on ...

Unlicensed product adviser receives four year ban

KERRIE SYDEE  |  THURSDAY, 28 JUL 2016
... Trent had unlawfully carried on an unlicensed financial services business for over five years by advising clients to purchase investment properties through a self-managed super fund. The court also permanently banned Park Trent from providing unlicensed ...

SMSFs will shape the future of ETFs

DARREN SNYDER  |  TUESDAY, 26 JUL 2016
The rise of exchange-traded funds is one of the most remarkable growth stories in Australian financial services, and self-managed superannuation funds are going to lead its future. State Street Global Advisors head of portfolio strategists Asia-Pacific ...

Bond investors must relax benchmark constraints

KERRIE SYDEE  |  MONDAY, 25 JUL 2016
... zero per cent. The BoJ now owns at least one-third of outstanding Japanese government bonds as a result of its asset purchase program. "Rather than letting portfolios slowly erode by being chained to benchmarks, which are increasingly disconnected from ...