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Showing 1601 - 1610 of 4612 results for "RAISE"

Raiz close to super product launch

KARREN VERGARA  |  TUESDAY, 10 JUL 2018
... cash-back reward. Raiz, formerly known as Acorns Grow Australia, recently listed on the ASX. At the time, Raiz aimed to raise more than $15 million by issuing 8.4 million shares at $1.80, valuing the company at about $119 million. At publication time ...

Investors sharpen watch on RMBS

KANIKA SOOD  |  MONDAY, 9 JUL 2018
Issuance of residential mortgage-backed securities hit record levels in Australia last year, led by non-bank lenders. And even though the residential mortgage-backed security pool is ripe for picking by fixed income and debt managers, challenges surround ...

Chief economist update: Minutes of concerns

BENJAMIN ONG  |  FRIDAY, 6 JUL 2018
We're all much aware of the US Federal Reserve's optimistic outlook for America's economic growth, unemployment and inflation and that, as per the 13 June FOMC statement, the risks to this outlook "appear roughly balanced." However, the ...

Montgomery Global IM opens New York office, hires analyst

KANIKA SOOD  |  THURSDAY, 5 JUL 2018
... [strategy] so we can ultimately sell the product to North American investors. So the [NY] office is also to see if we can raise funds in America," Buckland told Financial Standard. Montgomery Global is staffing the New York office with four professionals. ...

PM Capital offers new LIC

KANIKA SOOD  |  TUESDAY, 3 JUL 2018
... the PM Capital Global Opportunities Fund (PGF) or to redeem it based on NTA. The issue price is $1.40 per PTrackERS, to raise a minimum of $105 million and a maximum of $491 million. PGF and PM Capital GO 2025 chairman Andrew McGill said: "GO 2025 is ...

Chief economist update: Draining the swamp

BENJAMIN ONG  |  TUESDAY, 3 JUL 2018
... a more aggressive Fed. With most other developed central banks' interest rates still on hold, rising US rates would raise the US dollar's yield premium, attracting more funds inflow into America. The flipside, of course, is depreciation in the ...

Chief economist update: US inflation hits target

BENJAMIN ONG  |  MONDAY, 2 JUL 2018
... "sometime this year". This, and the strong momentum in the US economy, would strengthen speculations that the Fed would raise interest rates by four times this year (it has already lifted twice). Then again, the Income and Outlays report also showed ...

Dover AFSL cancelled, McMaster exits industry

JAMIE WILLIAMSON  |  FRIDAY, 29 JUN 2018
ASIC has accepted a Court Enforceable Undertaking from Dover Financial Advisers and Terry McMaster will leave the financial services industry. ASIC confirmed the action resulted from an ASIC investigation which commenced in 2017, with a particular focus ...

Former Magellan research head joins boutique

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
Former Magellan portfolio manager and head of research Nikki Thomas is joining a boutique manager. Thomas is joining Alphinity Investment Management as a global portfolio manager. The firm is partly owned by Challenger's boutique business Fidante. ...

Aussie funds to access Asian markets

KANIKA SOOD  |  FRIDAY, 29 JUN 2018
Both houses of Federal Parliament yesterday passed the Asia Region Funds Passport (ARFP) bill that will open up Asian markets for Australian financial services companies. The legislation was tabled in late March. Wealth management industry data manager ...