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Showing 1481 - 1490 of 4414 results for "Ele"

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...

Chief economist update: Plenty of oil

BENJAMIN ONG  |  WEDNESDAY, 18 SEP 2019
Oil prices soared after a drone attack on September 14 on Saudi Arabia's Abqaiq oil-processing plant (estimated to produce around 5% of global oil supply). WTI and Brent crude oil prices jumped by 14.6%, to US$62.88 per barrel and US$69.03/barrel ...

Senate creates committee on fintech, regtech

KRISTI CHENG  |  THURSDAY, 12 SEP 2019
Passed yesterday, the motion - brought by Senator Andrew Bragg -establishes a committee to inquire and report on fintech and regtech opportunities, barriers, and future trends. It will examine the "size and scope" of the opportunity fintech and regtech ...

BNY Mellon adds to Melbourne team

KANIKA SOOD  |  THURSDAY, 5 SEP 2019
BNY Mellon has made its first client-facing appointment for its Melbourne office in its 50-strong corporate trust business. Jason Mistry is joining the Melbourne office in a business development role. He is the second Melbourne hire in BNY Mellon's ...

Government extends FASEA deadlines

KARREN VERGARA, JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2019
The Federal Government has extended the deadlines for financial advisers to pass the Financial Adviser Standards and Ethics Authority's exam, as well as meet its qualification requirements. Assistant Minister for Financial Services, Superannuation ...

Whitehelm launches infrastructure fund locally

HARRISON WORLEY  |  THURSDAY, 29 AUG 2019
The $4.9 billion investment manager launched an Australian-domiciled version of its global infrastructure fund. Whitehelm Capital's Europe-based Listed Core Infrastructure Fund is now available as an Australian-domiciled investment option for the ...

Climate policy more than divesting: UniSuper

HARRISON WORLEY  |  TUESDAY, 27 AUG 2019
Discussing the impact of climate change on super funds at the FSC Summit this morning, UniSuper chief investment officer John Pearce has said simply divesting certain holdings is not an effective strategy. Appearing on a panel discussing the investment ...

IFM Investors sets significant emissions targets

KRISTI CHENG  |  MONDAY, 26 AUG 2019
IFM Investors has set emissions targets across its major assets that aim to reduce more than 200,000 tonnes of CO2 emitted by 2030. In an unprecedented move IFM Investors will now have emissions reduction targets through to 2030 and beyond. The targets ...

Chief economist update: Tweeting Trump versus totalitarian Xi

BENJAMIN ONG  |  TUESDAY, 20 AUG 2019
US president Donald Trump is envious of Chinese president Xi Jinping. Perhaps it's P-envy (I don't have to spell the word, my head will be summarily chopped off), but US President Trump admitted as much about a year and half ago and before he ...

Plato to raise $200 million

KRISTI CHENG  |  THURSDAY, 15 AUG 2019
Plato Investment Management has announced a $200 million entitlement offer for its fund, Plato Income Maximiser (PL8). In response to increasing investor demand for dividend payments as a replacement for their cash and fixed interest income, Plato will ...