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Showing 1381 - 1390 of 1509 results for Andrew McKean

Super industry levies insufficiently detailed: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
In a submission to Treasury about the proposed financial institution's supervisory levies for 2022-2023, ASFA has called for a more detailed dissection of APRA's regulatory activities. The industry body said: "It's incumbent upon regulators to provide ...

Mirae, Global X acquire ETF Securities

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
Mirae Asset and Global X ETFs will acquire ETF Securities Australia, expanding the companies' global ETF footprint into the Australian market. In a joint statement, Mirae and Global X said the acquisition of ETF Securities would provide them with ...

HESTA names new chief growth officer

ANDREW MCKEAN  |  WEDNESDAY, 15 JUN 2022
HESTA has promoted customer experience and insights leader Sam Harris to chief growth officer. Harris first joined HESTA in 2012 and has been a member of the fund's leadership team since 2015. Harris was later appointed head of insights and customer ...

Crypto companies halt withdrawals

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
International cryptocurrency platforms Celsius and Binance temporarily suspended customer withdrawals. Yesterday, the world's largest crypto exchange, Binance, suspended withdrawals on the Bitcoin network. In a statement, Binance said: "This is ...

BGH raises Virtus offer

ANDREW MCKEAN  |  TUESDAY, 14 JUN 2022
BGH Capital has increased its offer to acquire all shares in Virtus Health. The private equity firm will offer shareholders $8.155 cash per share, up from its $8.15 offer made several weeks ago. The increased offer price will apply to all shareholders ...

Atlas Arteria stonewalls IFM

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
The Boards of Atlas Arteria have denied IFM Investors access to non-public and confidential information about the company and its assets. IFM stated its intention for said information to help the investment manager decide whether to submit a non-binding ...

Blackstone one step closer on Crown deal

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
The NSW Independent Liquor and Gaming Authority has affirmed Blackstone's suitability to hold a casino license in NSW. This latest regulatory approval paves the way for the private equity manager to become the operator of the Crown Sydney casino. Blackstone ...

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Active Super and Vision Super have signed a Memorandum of Understanding (MOU) to explore a potential merger. Both parties will undertake due diligence to determine whether a merger is likely to be in the best financial interests of members of both funds. ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Russia's invasion of Ukraine immediately slowed the recovery from the Covid pandemic and set the global economy on a course of lower growth, the OECD said. The intergovernmental organisation's latest economic outlook said global growth would ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...