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Showing 1351 - 1360 of 3676 results for "Maintain"

Industry fund awards infrastructure mandate

KANIKA SOOD  |  TUESDAY, 17 MAR 2020
An industry fund has allocated about $27 million to an unlisted infrastructure fund from First Sentier, as it diversifies its portfolio. Christian Super invested €15 million (about $27.4 million) to the First Sentier European Diversified Infrastructure ...

Centuria opens new office, appoints GM

HARRISON WORLEY  |  TUESDAY, 17 MAR 2020
... as the belief in a hands-on approach to managing property, it is perfect timing to establish a Brisbane presence and maintain a local presence," McGuigan said. Earlier this year the firm launched a $174 million take-over bid for New Zealand real estate ...

Afterpay coughs up $1.5m over US loans

ALLY SELBY  |  TUESDAY, 17 MAR 2020
Afterpay has settled with a California financial services regulator over allegations it was offering illegal loans in the state without a licence. The settlement with the California Department of Business Oversight (DBO) will see the 'buy now pay later' ...

Financial regulators poised for action

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
... While ASIC said the nation's markets had "been strong and resilient", it said the pre-emptive action was required to maintain those "high standards". "Australia's equity markets have seen exponential increases in the number of trades executed ...

Chief economist update: Coronavirus cures climate change

BENJAMIN ONG  |  MONDAY, 16 MAR 2020
... Acceptance notes. RBA injected an outsized $8.8 billion into the financial system. Riksbank to lend US$51 billion to banks to maintain supply of credit to Swedish companies and Norges Bank cut its key rate by 50 bp to 1%, lowered the counter-cyclical ...

Hermes handbags an emerging asset class for UHNWs

KANIKA SOOD  |  FRIDAY, 13 MAR 2020
... leading the charge in growing demand for collectables, while nearly all of the Australasian investors are expected to maintain the same exposure to this asset class. "As luxury collectables continue their rise up the investment agenda, a growing number ...

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
Coronaphobia - the "irrational fear" of getting infected with the coronavirus. Numerous medical experts have offered calming and logical prognoses for the epidemic but these two words - irrational and fear - would be, in a manner of speaking, the death ...

Super fund slashes fee

ELIZA BAVIN  |  MONDAY, 9 MAR 2020
One of Australia's largest superannuation funds has dropped its pension fee by 40%, saving members $156 per year. $48 billion industry fund Hostplus said will drop its pension fee from 1 April 2020, with the change set to reduce fees from $7.50 ...

First State Super and WA Super in merger talks

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 MAR 2020
First State Super and WA Super have said they are exploring the benefits to members of a merger, in a move that would create a $109 billion fund. The funds have signed a Memorandum of Understanding and will enter due diligence, with the process expected ...

Northern Trust climbs custody league tables

HARRISON WORLEY  |  WEDNESDAY, 4 MAR 2020
Northern Trust has rocketed up the asset servicing performance tables, after adding almost 30% to its assets under custody in the second half of 2019. The Australian Custodial Services Association's latest asset servicing industry statistics show Northern ...