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Showing 161 - 170 of 443 results for "Buys"

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 24 MAR 2016
... far below the 50-mark indicating pessimists still outnumber optimists. Despite this -- and the stronger real (the US$ now buys less only 3.68 reals, it was fetching 4.18 reals in September last year) - the best the Banco Central do Brazil could do was ...

Zurich buys Macquarie Life

MARK SMITH  |  FRIDAY, 4 MAR 2016
Macquarie Group has entered into an agreement to sell its Macquarie Life insurance business to Zurich Australia. The deal will see Zurich's in force premiums go from $370 million to roughly $610 million, effectively increasing the size of the life business ...

Investec buys stake in equity crowdfunding fintech

ALEX BURKE  |  TUESDAY, 9 FEB 2016
Investec has purchased a 20% stake in Equitise, an equity crowdfunding business. Created in 2014, Equitise has been a forerunner in the Australian equities crowdfunding sector, working alongside regulatory shifts to accommodate this new form of investment. ...

Martin Currie argues for multi-assets in retirement

DARREN SNYDER  |  MONDAY, 1 FEB 2016
... released by chief investment officer Reece Birtles, and co-portfolio manager and product specialist Will Baylis. It also buys in to the long-held debate about whether retirees need at least $1 million in superannuation to have a comfortable level of ...

Administrator buys Asia-Pacific hedge fund business

DARREN SNYDER  |  WEDNESDAY, 28 OCT 2015
The fund branch of an Australian boutique administrator has acquired the Asia-Pacific hedge fund administration business of Alter Domus. MainstreamBPO announced its US$1 million initial purchase price to the Australian Securities Exchange (ASX) and ...

QIC consortium buys $1.78bn gas facility

STAFF WRITER  |  THURSDAY, 8 OCT 2015
A QIC led consortium has entered into a binding agreement to acquire the Iona Gas Storage Facility west of Melbourne in Victoria from EnergyAustralia, a member of the China Light & Power Group. The consortium, comprising the QIC Global Infrastructure ...

Too much ado about a speck

BENJAMIN ONG  |  WEDNESDAY, 12 AUG 2015
... announced a revaluation of the yuan, lowering its exchange rate versus the US dollar from 6.2097 to 6.3231. The US$ dollar buys 6.3250 this morning. This is good, is it not? China has given the markets what they wanted and had been speculating all this ...

RBA to deliver nothing

BENJAMIN ONG  |  TUESDAY, 4 AUG 2015
... some people are predicting." "You're having a slowdown, you've got the problems on the property side, but I am not one who buys into the hard landing in China." Gene also offered his A$ prediction, "If I was betting, I would probably bet that it does ...

Not all active managers are traders

ALEX DUNNIN  |  THURSDAY, 16 JUL 2015
... benchmark or delivering on their absolute return objective. In contrast, passive investment is when an investment manager buys an asset with the intention of leaving it in the portfolio for the long term. Between these extremes meanwhile are index investment ...

Fidante buys UK alternatives manager

LAURA MILLAN  |  WEDNESDAY, 15 JUL 2015
Challenger's boutique funds management arm, Fidante Partners, has acquired a European alternative investments manager based in London. The buyout of Dexion Capital Holdings adds to Fidante's other UK-based managers, which include global infrastructure ...