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Showing 1251 - 1260 of 4606 results for "RAISE"

Thousands exit Westpac raise

HARRISON WORLEY  |  WEDNESDAY, 11 DEC 2019
More than 3300 Westpac investors decided to exit the bank's recent share placement plan, taking close to $70 million with them. Westpac has smashed through its target of $500 million on its way to raising $770 million of investor capital, and the big ...

Chief economist update: Businesses remain unmoved by low rates

BENJAMIN ONG  |  WEDNESDAY, 11 DEC 2019
... hiring until they foresee better times ahead. It was also in late-October when Governor Lowe urged Australian businesses to raise their spending. "At low interest rates, many investments that didn't make sense at higher interest rates should now ...

New boutique launches with Channel Capital

KANIKA SOOD  |  FRIDAY, 6 DEC 2019
... opens to wholesale and institutional investors early 2020 and has so far raised about $40 million in a friends and family raise. The boutique has backing of Light Warrior, an investment firm set up by Radek Sali after he Swisse Vitamins was sold to a ...

Use 401k to pay student debts: US senator

ELIZABETH MCARTHUR  |  FRIDAY, 6 DEC 2019
... retirement savings. "Instead of empowering the federal government to increase its involvement in education, which will only raise costs even higher and further lower the value of our dollars to cover them, we can empower the American people to reduce ...

Clime launches new income fund

KANIKA SOOD  |  TUESDAY, 3 DEC 2019
... other products with Sequoia in the future. Clime chief executive Rod Bristow said the fund manager had not set a minimum raise. "We haven't done this sort of product before, so it is hard to say. It is for wholesale clients only and we have had good ...

Women in Super: A year of accomplishments

MICHELLE BALTAZAR  |  MONDAY, 2 DEC 2019
It was a busy year for Women in Super, capped last Friday with the end-of-year Christmas luncheon where the association raised $18,000 on the day for a community foundation supporting women. Lata McNulty, chair of the NSW Committee, said that in 2019 ...

Industry fund for coal miners on ESG journey

ELIZABETH MCARTHUR  |  MONDAY, 2 DEC 2019
Mine Super, the $11 billion industry fund for the coal mining industry, has clarified its position on a number of ESG issues. Vasyl Nair is the chief risk officer for Mine Super, he recently spoke at a panel on ESG issues at the annual Investment Performance ...

Business giants attempt to crack financial planning

KANIKA SOOD  |  THURSDAY, 28 NOV 2019
If you were given a financial planning practice and you had until June 2020 to raise its revenue by 25%, how would you do it? That's a question that was put to former Swisse Vitamins boss Radek Sali, former Costa Group managing director Simon Costa ...

AFSLs show widespread non-compliance: ASIC

ELIZA BAVIN, JAMIE WILLIAMSON  |  THURSDAY, 28 NOV 2019
AFS licensees are consistently failing to provide correct information about advice fees to clients and are potentially still charging fees long after ongoing fee arrangements have been terminated, ASIC has found. The report, Compliance with fee disclosure ...

APRA responds to industry concerns

ELIZA BAVIN  |  THURSDAY, 28 NOV 2019
The prudential regulator has responded to submissions seeking clarity on its proposed Business Performance Review guide. APRA said a number of industry participants raised concerns over the proposed guide in submissions. The regulator said a number ...