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Showing 171 - 180 of 507 results for "SKY"

Blue Sky LIC gets a new suitor

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
Geoff Wilson has thrown his hat in the ring for the troubled Blue Sky LIC which last week reached an agreement to appoint a Pinnacle affiliate as its new manager. Wilson Asset Management has sent a proposal to the LIC's non-executive directors, making ...

Revised penalties come down hard on white collar crime

HARRISON WORLEY  |  MONDAY, 22 OCT 2018
The Federal Government will this week introduce legislation into parliament to increase the penalties for white collar crimes. In a media release on Sunday, Treasurer Josh Frydenberg said criminal penalties were set to double in some cases, while civil ...

New Pinnacle affiliate to manage Blue Sky LIC

KANIKA SOOD  |  THURSDAY, 18 OCT 2018
Ian Macoun's multi-boutique house has launched a new affiliate that will manage the Blue Sky Alternatives Access Fund (BAF) as it separates from Blue Sky Investments (BLA). With the bifurcation announced this morning, BLA will target an institutional ...

FPA finds Sam Henderson guilty

KANIKA SOOD  |  THURSDAY, 11 OCT 2018
High profile financial adviser Sam Henderson has been found guilty of nine of 10 alleged breaches of the Financial Planning Association of Australia's code of professional practice. The determination was delivered this afternoon by the FPA's ...

Chief economist update: Wall Street has fallen, prepare to be greedy

BENJAMIN ONG  |  THURSDAY, 11 OCT 2018
... Irene are spooked even before Halloween - with accompanying rationales at that. Wall Street plunges as investors seek safety - Sky News Sudden jump in US interest rates prompts Wall Street stock plunge - Aljazeera.com Wall Street plunges on rising rates ...

Schroders, Lloyds mull wealth venture

KARREN VERGARA  |  TUESDAY, 9 OCT 2018
... these discussions will lead to any formal arrangement being entered into," the spokesperson said. According to reports from Sky News in the UK, Lloyds Banking Group plans to contribute £13 billion ($24bn) into the wealth management joint venture. It ...

Blue Sky refunds $4.1m overcharge

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
Blue Sky is refunding more than $4.1 million to investors for incorrectly charging fees mainly across its wholesale private real estate and private equity fund. The fees, Blue Sky said, were charged in an "inconsistent" manner to what was stated in ...

Chief economist update: Famous last words

BENJAMIN ONG  |  TUESDAY, 28 AUG 2018
... higher interest rates, is doing it gently, gently. Don't get me wrong, I want (need) the US equity market to soar to the sky and take our local equity market with it - I have vested interest like all other Australians through my superannuation - ...

Blue Sky offloads six funds

KARREN VERGARA  |  FRIDAY, 24 AUG 2018
Beleaguered Blue Sky Alternative Investments will sell its retirement living funds and its 50% stake in Aura Holdings, the operator of the retirement living business. Blue Sky today announced it signed a binding agreement with an offshore institutional ...

Blue Sky denies private equity selloff

ALEX BURKE  |  THURSDAY, 7 JUN 2018
Shortly after announcing its domestic retail hedge fund would be wound up, Blue Sky assured investors it has no intention of selling its private equity business. KPMG is currently conducting an independent review of all Blue Sky-managed assets, although ...