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Showing 1551 - 1560 of 4612 results for "RAISE"

RBNZ on ice into 2020

BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
There were some moments so far in 2018 when it perked up against the US dollar but the path of least resistance has been a decline for the New Zealand dollar. The NZ dollar has dropped by 6.8% versus the greenback (to US$0.6628) this year to date and ...

Boutique manager expands research team

KANIKA SOOD  |  THURSDAY, 27 SEP 2018
A boutique founded last year by a former Evans & Partners head of equity has appointed a senior investment analyst. Aoris Investment Management is welcoming Swati Reddy to its investment team. Reddy was an equities analyst at CLSA in Sydney for seven ...

S&P Dow Jones partners with pension fund giant

KARREN VERGARA  |  WEDNESDAY, 26 SEP 2018
... contribute to the growth of sustainable economies," he said. Matturri added: "We are honoured to be working with GPIF and JPX to raise market awareness for higher ESG data transparency and disclosure." S&P Global president and chief executive Douglas ...

Family office invests in absolute return fund

KANIKA SOOD  |  MONDAY, 24 SEP 2018
... takes the fund's assets under management to $40 million. At the time of its launch in July, the CoAsset said it expects to raise $101 million over the next five years. BFMA will invest in 11 tranches of at least $2.75 million up to October 2019. CoAssets ...

Don't use multiple SMSFs to dodge tax: ATO

KANIKA SOOD  |  FRIDAY, 21 SEP 2018
... SMSFs, given the recent introduction of the transfer balance cap (TBC), and disregarded small fund assets provisions. "I raise this matter because while the establishment of multiple SMSFs does not of itself contravene any regulatory provision, we are ...

Franking credits inquiry launched

HARRISON WORLEY  |  THURSDAY, 20 SEP 2018
... millionaires, who have saved hard to get a better retirement," Hamson said. "We also believe the current proposal is unlikely to raise nearly as much money as the ALP has estimated as there will be large incentives for many self-funded retirees to spend ...

LIC invests in crypto platform

KARREN VERGARA  |  WEDNESDAY, 19 SEP 2018
A listed investment company has secured a 25% stake in a cryptocurrency issuance platform. First Growth Funds (FGF) invested US$285,000 in FutureICO, an initial coin offering platform that helps companies to issue tokens and digital currency. As part ...

ASIC commences civil action against ANZ

KARREN VERGARA  |  MONDAY, 17 SEP 2018
... issued a release to the ASX stating: "ANZ announces Institutional Placement (fully underwritten) and share Purchase Plan to raise a total of $3 billion." On 7 August 2015, ANZ issued another release stating among other things: "ANZ today announced that ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... 0.88% above the benchmark, hitting 1.60% in returns from March 14 to September 6. Of the $2 billion it is now expecting to raise by September end, nearly $250 million was raised through unit trusts which Firetrail deputy portfolio manager Blake Henricks ...

CommInsure misled FOS: Royal Commission

KARREN VERGARA  |  THURSDAY, 13 SEP 2018
CommInsure admitted it misled the Financial Ombudsman Service that was helping resolve a claimant's dispute by deliberately withholding medical information and delaying the process, the Royal Commission heard yesterday afternoon. Counsel assisting ...