Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 141 - 150 of 1643 results for "Selling"

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... FY24 will be approximately 20% lower than the corresponding half last year," Wamsteker said. Wamsteker added that since selling its international business to Morningstar for $61.7 million, Praemium has been "inundated" with proposals. Although most of ...

SEC sues Kraken exchange again

CASSANDRA BALDINI  |  WEDNESDAY, 22 NOV 2023
... clearing agency. According to the SEC, Kraken has made hundreds of millions of dollars unlawfully facilitating the buying and selling of crypto asset securities since at least September 2018. It is alleged by the SEC that Kraken interweaves the traditional ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... the business. ClearView said it obtained a 24.5% holding in Centrepoint in November 2021 as part of the arrangement for selling its financial advice businesses to Centrepoint. However, ClearView remains solely focused on its life insurance business ...

Currency hedging solution launched for managed accounts

JAMIE WILLIAMSON  |  WEDNESDAY, 15 NOV 2023
... said. The fund is designed for wholesale investors with USD-denominated assets to protect valuations against a rising AUD. Selling USD against the AUD via foreign exchange spot and over the counter derivatives, the fund provides investors with up to ...

Australian Unity sells advice arm to Fortnum, Nestworth

ANDREW MCKEAN  |  TUESDAY, 14 NOV 2023
Australian Unity entered into a strategic alliance, selling its financial advice business to AZ NGA-owned advisory firm Nestworth and Fortnum Private Wealth. AZ NGA, through Nestworth, will acquire Australian Unity's employed adviser and corporate superannuation ...

Australian Unity to sell off failed development

CHLOE WALKER  |  MONDAY, 6 NOV 2023
... failed to adequately address its performance issues. Australian Unity has appointed Stonebridge Property Group as the selling agent, who has valued the property into the mid $20 million range. "We expect that the contract of the sale will be signed before ...

Alpine Capital launches in Melbourne

CHLOE WALKER  |  FRIDAY, 20 OCT 2023
... corporate advice for emerging companies, be it private or public," he said. "Institutional broking will be led by Phil, selling deals that we're working on and originating them, and then the wealth management team, and this is where it's highly ...

Renato Mota to leave Insignia Financial

JAMIE WILLIAMSON  |  FRIDAY, 20 OCT 2023
... his planned departure comes as Insignia seeks to further overhaul its business. In July, the company announced it was selling its investment bonds unit to Australian Unity's Lifeplan Friendly Society. This was soon followed by plans to transform ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
... our venture capital in 2020-21. And we haven't been adding property in the portfolio even though we were actively selling to get it down to these kinds of levels," she said. The fund held some 30.4% in equities, of which 21.8% was in global equities ...

ISPT to offload retail, office properties

JAMIE WILLIAMSON  |  MONDAY, 16 OCT 2023
Following a strategic review, Industry Super Property Trust (ISPT) is selling five assets, including Melbourne's GPO and a Sydney office building. An assessment of ISPT's $17.7 billion Core Fund identified five assets that do not align "with ...