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Showing 221 - 230 of 1637 results for "Selling"

Residential property demand to weaken

KARREN VERGARA  |  MONDAY, 24 JAN 2022
... residential property, they tend to come from very high unemployment, very high-interest rates leading to widespread defaults and selling, or a big oversupply of properties," he said. CoreLogic's Quarterly Auction Market Review shows 42,918 properties ...

Demand for retiree client book increases

KARREN VERGARA  |  SATURDAY, 1 JAN 2022
... 2.0x to 2.3x. Those aged 61 and over have multiples of 1.0x to 1.5x. Since the March 2021 price guide, the activity in selling and buying financial planning businesses has been frantic, Radar Results founder John Birt said. "In 13 years (since the GFC) ...

Link agrees to $3bn takeover

KARREN VERGARA  |  THURSDAY, 23 DEC 2021
... our growth strategy and create significant opportunities for our employees and our customers." Link is in the process of selling its banking and credit management business. LC Financial Holdings is offering €65 million, while Pepper European Servicing ...

Pension scheme, UBS divest energy companies

JAMIE WILLIAMSON  |  TUESDAY, 21 DEC 2021
... 2021, the companies represented 0.25% of Nest's total portfolio or $52 million. UBS, one of Nest's fund managers, has been selling these shares over the past months to ensure a fair price was achieved, Nest said. The companies are now excluded from UBS ...

Backlash after 'unprecedented' ASIC action against Westpac

ELIZABETH MCARTHUR  |  THURSDAY, 2 DEC 2021
... The settlement for the six ASIC cased did not include an ASIC penalty proceeding commenced in April this year over mis-selling of consumer credit insurance. Slater and Gordon practice group leader Andrew Paull said if the bank was 'walking the talk' ...

Schroders launches Schroder Australian Equity Long Short Fund

CHLOE WALKER  |  WEDNESDAY, 1 DEC 2021
... is to outperform the S&P/ASX 200 Accumulation Index after fees over the medium to long term by investing in, or short selling securities in, a broad range of listed equities in Australian and New Zealand. The fund may also invest up to 10%of its assets ...

Tribeca Financial acquires advice practice

KARREN VERGARA  |  TUESDAY, 30 NOV 2021
... said given the regulatory environment being a single advice practice owner and jack of all trades is a "hard gig". In selling the firm, Fradley wanted to focus on taking care of his clients and family. "The work required to both take care of my clients ...

ASIC files numerous cases against Westpac

JAMIE WILLIAMSON  |  TUESDAY, 30 NOV 2021
... fee disclosure across its now defunct advice licensees; continuing to charge fees on deregistered company accounts; and selling on credit card and flexi-loan debt with incorrect interest rates. This is the first time ASIC has filed multiple proceedings ...

Bitcoin exposure added to platform

ANNABELLE DICKSON  |  WEDNESDAY, 10 NOV 2021
... stores the asset with BitGo Trust. MBF has a buy and hold strategy and does not engage in derivatives, leverage, or short selling. The minimum investment is $25,000 and has a 1.5% p.a. management fee. "With consumer demand for digital assets on the rise ...

New Bitcoin fund promises tax efficiency

ELIZABETH MCARTHUR  |  FRIDAY, 5 NOV 2021
... obligations as if it were a domestic fund," he explained. As Vault doesn't pay distributions, investors can realise gains when selling down holdings in the fund. The fund currently has NZ$5 million in funds under management.