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Showing 1531 - 1540 of 4612 results for "RAISE"

Fintechs in the money, gain confidence

KARREN VERGARA  |  TUESDAY, 30 OCT 2018
... and other financial institutions is increasingly becoming challenging. About 70% of fintechs relied on private funding to raise an average capital of $3.2 million. FinTech Australia chair Alan Tsen said open banking, comprehensive credit reporting and ...

CBA ramps up blockchain

KANIKA SOOD  |  FRIDAY, 26 OCT 2018
Commonwealth Bank is close to completing more blockchain projects, after it delivered the world's first blockchain bond with World Bank in August. Speaking at SIBOS, Sophie Gilder who is CBA's head of experimentation and commercialisation for ...

Chief economist update: Fear and loathing on Wall Street

BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
... Trump finds himself in, which is a good problem to have. But Trump also has himself to blame. The Fed wouldn't have to raise interest rates as much and as expected had Trump not goosed the economy with his tax cuts and fiscal spend - the economy ...

Billionaire investor says markets in late cycle but anything possible

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Oaktree Capital Management cofounder Howard Marks says the current bull market is in a late stage but it could still go "up, sideways or down." Marks's firm has more than US$120 billion in assets under management. He addressed a media briefing in ...

Former Australian cricket captain in crypto fail

JAMIE WILLIAMSON  |  TUESDAY, 23 OCT 2018
... investment scheme; and not holding an AFSL. Commenting on the ongoing action, ASIC commissioner John Price said: "If you raise money from the public, you have important legal obligations. It is the legal substance of your offer - not what it is called ...

Chief economist update: Bull markets don't die of old age

BENJAMIN ONG  |  THURSDAY, 18 OCT 2018
... policy would need to become modestly restrictive for a time and a number judged that it would be necessary to temporarily raise the federal funds rate above their assessments of its longer-run level in order to reduce the risk of a sustained overshooting ...

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
... pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the LIC's ownership was concentrated ...

Perpetual distribution lead departs

JAMIE WILLIAMSON  |  WEDNESDAY, 17 OCT 2018
The general manager of distribution at Perpetual has taken a new role with a $441 billion boutique fund manager. Neuberger Berman has appointed Matt Thompson to lead its intermediary distribution capability in Australia. Neuberger Berman said the appointment ...

Charity comparator to launch premium service

KANIKA SOOD  |  MONDAY, 15 OCT 2018
... to peers. The data collected by the free and premium versions of the website will feed back into this benchmark. A seed raise is under way to support future growth. "We have had expressions of interest from a charities, people in philanthropic circles ...

ETFs attracting more money than LICs

KANIKA SOOD  |  MONDAY, 15 OCT 2018
Aussie investors now have more money invested in the rapidly-expanding exchange traded fund market than in long-standing listed investment companies. The ETP market has just hit $42.3 billion in funds under management - that's $60 million more than ...