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Showing 1351 - 1360 of 9740 results for "Major"

IFM Investors becomes majority shareholder in Atlas Arteria

CHLOE WALKER  |  THURSDAY, 9 JUN 2022
IFM Investors has taken 15% interest in the toll road operator. The acquisition, made via the Global Infrastructure Fund (IFM GIF) is comprised of a relevant interest and economic interest. The fund has said it regularly invests in companies that align ...

Superhero, Swyftx in $1.5bn merger

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
... represents a significant step for both businesses in terms of their evolution from disruptive tech players into a single, major financial institution that can grow across domestic and international markets. "There is a deep level of mutual respect and ...

Cbus, Hostplus take out customer satisfaction awards

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... Morgan's annual Customer Satisfaction Awards. Cbus was awarded the Industry Superannuation Fund of the year, while Hostplus won Major Superannuation Fund of the Year. This was the first time either super fund has taken home one of Roy Morgan's accolade. ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... target over time." Following the RBA's announcement, CPA Australia said today's interest rate decision highlighted a major flaw in the way Australia reports inflation. CPA Australia senior manager of business policy Gavan Ord said: "In reaching ...

No more changes to risk commissions: ClearView

JAMIE WILLIAMSON  |  TUESDAY, 7 JUN 2022
About 67% of financial advisers say they'd stop offering standalone risk advice if there are further changes to life insurance commissions. That's according to a survey conducted by ClearView, which found a further 20% are unsure if they'd continue ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
... which is a cost in itself," he said. Hybrid products now represent around 15% of the total market. Magellan was the first major manager to implement this rearrangement of its ETPs in November 2020 which added around $13 billion to the size of the Australian ...

Reserve Bank tipped to hike rates again

ANDREW MCKEAN  |  MONDAY, 6 JUN 2022
Economists have had their say about tomorrow's Reserve Bank of Australia (RBA) decision, the vast majority anticipate the central bank to jack up cash rates. A Finder survey has said that 86% of its expert panelists believe the cash rate will change ...

TCorp appoints head of investment stewardship

JAMIE WILLIAMSON  |  THURSDAY, 2 JUN 2022
... delighted to have Cheang on board. "She has long and deep experience in the investment industry and ESG, with prior careers at a major asset manager and a global investment consultant, spanning Australia, the UK and USA," he said. He added that she is ...

Cbus takes 10% stake in major wind project

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
Cbus has acquired a 10% interest in a local offshore wind project owned by Copenhagen Infrastructure Partners. The industry fund acquired the stake in Star of the South, Australia's largest offshore wind project majority owned by CIP via its flagship ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
... least $102.27 for healthcare costs weekly. Private health insurance premiums rose on average by 2.7 % from 1 April with some major insurers increasing premiums by more than 3%. Other items that increased in price include vegetables and fruit, water and ...