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Showing 1491 - 1500 of 9950 results for "Stock"

Tribeca Alpha Plus leaks $600m, rebuilds

KANIKA SOOD  |  TUESDAY, 27 AUG 2019
Investors have pulled out more than $600 million from Jun Bei Liu's long/short Aussie equities fund since co-portfolio manager left in April but performance is looking up and there are new hires on the team. The Tribeca Alpha Plus fund was down ...

Link Group offloads share registry

ELIZABETH MCARTHUR  |  TUESDAY, 27 AUG 2019
... shareholders." The acquisition will see LMS South Africa merged into JSE Limited - JSE is Africa's largest, multi-asset class stock exchange. McMurtrie explained Link Group will retain a strategic partnership with JSE, supporting organisations that ...

Pension fund joins action against Facebook

KRISTI CHENG  |  FRIDAY, 23 AUG 2019
... Cambridge Analytica scandal, where Facebook users' private data was compromised: Facebook saw a $119 billion dollar drop in its stock price - the largest single-day loss in market history. "CalSTRS has engaged with Facebook on numerous occasions to press ...

Chief economist update: Wheels of US recession in motion

BENJAMIN ONG  |  THURSDAY, 22 AUG 2019
... forward, perhaps because of the rise in oil prices." "But this interpretation does not mesh seamlessly with the rise in stock prices and the narrowing of credit spreads observed over the same interval." We're getting the same excuses and rationalisations ...

Sean Fenton back with Sage Capital

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
The well-known fund manager is back with two Aussie equities strategies totaling $3 billion in capacity at his new boutique, after resigning from the Tribeca Alpha Plus fund earlier in the year. Sage Capital, led by former Tribeca portfolio manager ...

UniSuper scolds Aussie equity fundies

KANIKA SOOD  |  WEDNESDAY, 21 AUG 2019
The $80 billion superannuation fund had some strong words for its external Aussie equities managers, saying their general underperformance was a "real disappointment" for the year. UniSuper's balanced investment option returned 9.9% for the year, as ...

Short-seller targets infant formula importer

ELIZABETH MCARTHUR  |  FRIDAY, 16 AUG 2019
... that imports infant milk formula from Australia, New Zealand and Europe for the Chinese market is listed on the Hong Kong Stock Exchange and invested in by Australian investors including Forager. A Forager blog from July this year by chief investment ...

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 ...

What is holding Aussie robo advisers back?

KANIKA SOOD  |  WEDNESDAY, 14 AUG 2019
... research from Rainmaker. Australia has six main companies offering robo advice (Absolute Advice, Clover, QuietGrowth, Six Park, Stock Spot and Raiz) while the US has 16 robo advisers covering 4.3 million clients and $320 billion in assets. "Australia's ...

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
Magellan Financial Group reported a 78% jump in its profit for the financial year ending June and announced a $275 million institutional raise for MFG shares this morning. Magellan's stable of well-performing equities funds are now managing an average ...