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Showing 221 - 230 of 2634 results for "Friday"

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
... he ranted that, "The Fed is going loco and there's no reason for them to do it." This is because - as I wrote last Friday - America's annual headline inflation rate slowed to 2.3% in September from 2.7% in the previous month. This is lower than ...

Funds SA portfolio manager leaves, team to expand

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... infrastructure and opportunistic property investments, starting in 2005. He stepped away from full-time executive activities last Friday. "Funds SA is currently expanding its investment team to enhance capabilities, evolving organisational strategy and ...

KKR offers $2.6b to acquire MYOB

KANIKA SOOD  |  MONDAY, 8 OCT 2018
The private equity juggernaut Kohlberg Kravis Roberts is looking to acquire the remaining shares of accounting and business software company MYOB. The proposal comes after a KKR affiliate bought a 17.6% share in MYOB from Bain Capital at a price of ...

Banks to answer for Hayne report

JAMIE WILLIAMSON  |  MONDAY, 8 OCT 2018
... and must be addressed." Commonwealth Bank and Westpac will face the committee this Thursday; ANZ will face questioning on Friday; and NAB is set to appear the following Friday. "These hearings will also be an important opportunity to follow up on unresolved ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... report showed persistent labour market strength with another 230,000 gained in September. This provides a positive lead to Friday night's non-farm payrolls report for September where the unemployment rate is expected to remain at 3.9% (just a tick ...

AMP, banks respond to RC interim report

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... responded to the Royal Commission's interim report on misconduct in the financial services sector. The report, released on Friday, was scathing in its review of Australia's major players in financial services. While making no recommendations, in discussing ...

Macquarie chiefs embroiled in German investigation

HARRISON WORLEY  |  FRIDAY, 28 SEP 2018
... German investigation that alleges the bank was involved in a share-trading scheme. In a statement released to the ASX on Friday morning, Macquarie Group confirmed German authorities and the Munich District Court were investigating a 2011 transaction ...

Family office invests in absolute return fund

KANIKA SOOD  |  MONDAY, 24 SEP 2018
... nature of its debt makes the fund unlikely to be affected by equities or interest rates markets. In an announcement made on Friday, Singapore family office BMFA Group has committed to invest $34 million in this fund. BMFA Group offers wealth management ...

Royal Commission hears industry fund admitted wrongdoing to ASIC

HARRISON WORLEY  |  MONDAY, 24 SEP 2018
... Commission's sixth round of hearings. Making his closing statement on the final day of the Commission's insurance hearings (Friday), counsel assisting Mark Costello revealed Rest - an industry super fund with more than two million members - filed a breach ...

Investa Office Fund's Canadian bidder ups the stakes

KANIKA SOOD  |  MONDAY, 17 SEP 2018
... Oxford Properties Group offered to pay $5.60 per share in cash to acquire 100% of IOF, according to company filings on Friday. This is 10 cents above Oxford's previous bid, and now tops rival bidder Blackstone's offer by eight cents. The offer came just ...