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Showing 1381 - 1390 of 4610 results for "RAISE"

Chief economist update: It'll hurt me more than it hurts you

BENJAMIN ONG  |  FRIDAY, 24 MAY 2019
If very, very recent history is any guide, US President Donald Trump would soon be tempering his trade war tweets versus China. Trump did so early this year - prompting financial markets and economic and business agents to expect that a trade deal is ...

PM Capital head of distribution departs

KANIKA SOOD  |  THURSDAY, 23 MAY 2019
The head of distribution at PM Capital has left after almost three years to join a $1.3 trillion global manager's Aussie team. Lachlan Cameron is taking up the role of director - wholesale sales at Invesco. He moves into the role as the incumbent ...

Material weakness in super funds, insurers exposed

KARREN VERGARA  |  THURSDAY, 23 MAY 2019
The numerous weaknesses exposed in APRA's prudential inquiry into the Commonwealth Bank are apparent among life insurers and superannuation funds. The prudential regulator wrote to 36 insurers, super funds and ADIs last June off the back of its ...

NZ$5 trillion investor group supports Christchurch Call

ELIZABETH MCARTHUR  |  THURSDAY, 16 MAY 2019
... directly with the companies themselves to drive change. As shareholders and investors we will use our collective leverage to raise concerns with the companies' board and management on these issues." The investor initiative now has 55 funds participating ...

VGI Partners' dual pitch to investors

KANIKA SOOD  |  WEDNESDAY, 15 MAY 2019
... offshore funds ($246 million), independently managed accounts ($438 million) and the LIC (to have $937 million after the LIC raise). Its net profit after tax stood at $34.9 million, almost tripling in three years. Last year, VGIs funds collected about ...

ANZ provides update on wealth sale

ELIZABETH MCARTHUR  |  MONDAY, 13 MAY 2019
ANZ provided an update on its contractual arrangements with IOOF in relation to the sale of its OnePath Pensions and Investments business. The coupon rate ANZ pays on the debt note subscribed by IOOF reduced from 14.4% per annum to 2% per annum as of ...

Morgan Stanley raises capital for 86 400

ELIZABETH MCARTHUR  |  FRIDAY, 10 MAY 2019
... provider Cuscal, which has been funding 86 400. Bell noted that 86 400 isn't putting a number on the initial capital raise. He said: "It's important to understand, we've been in a very advantageous position in that we've been 100% funded ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... financial services products. Its first initiative, called the Retail Distribution Review (RDR) took effect in 2012, aiming to raise advisers' minimum qualifications levels, change the disclosure of charges and services to consumers, and ban the use of ...

Female fintechs make better investments

ELIZABETH MCARTHUR  |  WEDNESDAY, 8 MAY 2019
A new report by KPMG reveals fintechs founded by women are better investments than their male-founded counterparts. The UK Fintech Focus report analysed how the gender of those who found fintechs correlates to the success of those start-ups. It found ...

Janus Henderson EM team crumbles

KANIKA SOOD  |  TUESDAY, 7 MAY 2019
The emerging markets equities team at Janus Henderson Investors is getting ready to leave en masse, the firm confirmed. Head of global emerging market equities Glen Finegan departed on April 18 and is now on garden leave until October, Janus Henderson ...