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Showing 1331 - 1340 of 4607 results for "RAISE"

Byres warns not to spread APRA too thin

HARRISON WORLEY  |  MONDAY, 12 AUG 2019
With every review adding more to its plate, APRA chair Wayne Byres has warned against spreading the regulator too thin. Appearing before the House of Representatives Standing Committee on Economics on Friday, APRA deputy chair John Lonsdale reiterated ...

Rural FM dupes investors: Short-seller

KARREN VERGARA  |  FRIDAY, 9 AUG 2019
... rental income by its two largest third-party lessees, Bonitas claimed. It believes RFF artificially inflated its figures to raise cash from the capital markets for two reasons: to finance a 76% payout ratio to shareholders, and siphon assets into RFM ...

FASEA exam results spark debate

ELIZABETH MCARTHUR  |  FRIDAY, 9 AUG 2019
... professional standards." Cooper conceded that there is likely to be an ongoing debate around adviser education. "It may raise a further debate on whether or not the bridging course is necessary, but even there I assume (having not done it) that it will ...

Chief economist update: Bonds do the limbo rock

BENJAMIN ONG  |  FRIDAY, 9 AUG 2019
How low can they go? Be afraid, be very afraid. A great number of investors are buying into the relative safety of long-term government bonds despite their dwindling yields, and in the case of the Japanese and Eurozone 10-year government bonds, negative ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
AMP has announced a range of initiatives aimed to reposition it for the future, including a $650 million capital raise to reinvent its wealth management offering. Releasing its 1H19 results today, AMP has launched a $650 million capital raise to fund ...

Spaceship co-founder to exit

KANIKA SOOD  |  TUESDAY, 6 AUG 2019
The startup superannuation fund has appointed a new chief executive, bidding farewell to its co-founder Paul Bennetts who will exit management. Spaceship chair Andrew Moore was announced as the new chief executive for the company to staff this morning. ...

IPIF names investment lead, launches capital raise

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... of senior investment analyst. At the same time as announcing the appointments, IPIF also announced a $100 million capital raise designed to enable smaller investors to access the unlisted infrastructure asset class that it specialises in. Proceeds from ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
Hot on the heels of listing on the ASX, the Sydney-based hedge fund is readying a new Asia-focused equities LIC with Crestone on board as a lead joint manager. The listed investment company, to be called VGI Partners Asian Investments (ASX: VG8), is ...

Chief economist update: Fed cut and Trump's war

BENJAMIN ONG  |  MONDAY, 5 AUG 2019
The US Federal Reserve gave markets exactly what they were expecting - a 25 basis point reduction in the Fed funds rate at the conclusion of its July FOMC meeting - but instead of revving up the risk on trade, it was risk off. Equity markets fell. The ...

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
... healthy returns over the medium to long term. That's what this offer does," he said. Federation launched last year, aiming to raise $500 million but did not confirm investor commitments to the initial raise. "Federation has received strong early stage ...