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Showing 1251 - 1260 of 3761 results for "Alternative"

Chief economist update: Equity market disconnect

BENJAMIN ONG  |  WEDNESDAY, 10 JUN 2020
... government treasuries are underpinning equity market performance. So are equity purchases due to TINA - there is no alternative - with both short and long-term interest rates so very low, and FOMO - fear of missing out. Yes Virginia, the worst of the ...

Family office backs fixed income fintech

KANIKA SOOD  |  TUESDAY, 9 JUN 2020
... income trades and analytical tools for liquidity matching and market flow. The company believes it can be a viable alternative to Bloomberg terminals on trading desks. It will use the Palghats' investment to grow its business development team, consolidate ...

Chief economist update: US labour market turns V-shaped

BENJAMIN ONG  |  TUESDAY, 9 JUN 2020
... increased by 3.8% (8.1%). For a number of weeks, Wall Street appeared to be buying on hope because of TINA - there is no alternative - with both short and long-term interest rates so very low, and FOMO - fear of missing out -- but the release of the ...

Global manager shuts fund

KANIKA SOOD  |  FRIDAY, 5 JUN 2020
AXA Investment Managers has decided to close a $109 million fund as its largest investor pulls out. The AXA IM Global Dynamic Equity Plus fund invested in global equities and was 3.06% under its benchmark MSCI World Index ($A, unhedged) after fees for ...

WAM responds to Keybridge claims

ALLY SELBY  |  FRIDAY, 5 JUN 2020
... acquire KBC shares, WAM Active is concerned about the use of KBC shareholder funds on litigation particularly when alternative solutions are available," WAM said. Earlier this week, Keybridge Capital's managing director Nick Bolton alleged WAM improperly ...

Boutique to remediate clients

KANIKA SOOD  |  WEDNESDAY, 3 JUN 2020
A fund manager will remediate clients in eight funds after a recent review of its management costs identified a unit pricing error. Alpha Fund Managers' investors in eight funds were charged the wrong fees between July, 2017 and January, 2020 for ...

Global manager rolls out local access to alternatives fund

HARRISON WORLEY  |  WEDNESDAY, 3 JUN 2020
... structure today, in a move designed to help local wholesale retail and institutional investors increase their access to alternative assets while minimising risk. According to the investment manager, the fund has "minimal correlation" with the performance ...

Clime buys Madison Financial Group

KANIKA SOOD, JAMIE WILLIAMSON  |  WEDNESDAY, 3 JUN 2020
The much-anticipated sale of Madison Financial Group was finalised Tuesday evening, with the buyer paying $4.5 million to $5 million, Financial Standard understands. Clime Investment Management will be the new owner of Madison Financial Group, which ...

AMP Foundation offers $2m for COVID-19 recovery

KANIKA SOOD  |  TUESDAY, 2 JUN 2020
... in volunteer numbers. It will also support initiatives providing new approaches to health and wellbeing as well as alternative access to education, the arts and technology. Capacity-building grants of up to $200,000 can be used for a range of purposes ...

IRESS advances surprise bid for OneVue

KANIKA SOOD  |  MONDAY, 1 JUN 2020
In a surprise announcement this morning, IRESS made an offer to acquire OneVue, whose shareholders have been waiting on the company's previously-announced buyback and recovery of money owed to it by Sargon entities. IRESS is offering to buy all ...