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Showing 231 - 240 of 732 results for "COIN"

Global investment firm to restructure

HARRISON WORLEY  |  FRIDAY, 4 MAY 2018
A global investment firm with $176 billion in assets under management will undergo a corporate restructure. Kohlberg, Kravis & Roberts (KKR) will convert from a partnership to a corporation on July 1, in a move which is designed to attract new investors. ...

ASIC tightens grip on ICO issuers

KANIKA SOOD  |  WEDNESDAY, 2 MAY 2018
ASIC is sifting through statements made by Initial Coin Offering (ICO) issuers to identify material that could mislead or deceive investors, and has already identified non-compliant offers. The Australian Securities and Investments Commission is sending ...

Retail unit trusts leaking FUM

KANIKA SOOD  |  TUESDAY, 1 MAY 2018
Retail unit trusts now hold only 47% of the managed funds segment in Australia, down from 75% at the time of GFC, according to new Rainmaker research. The $755 billion managed funds segment in Australia includes retail unit trusts, exchange traded funds ...

New manager raising $30m for crypto fund

ALEX BURKE  |  WEDNESDAY, 18 APR 2018
A new investment manager launched by tech veterans is seeking to raise $30 million for one of Australia's first funds dedicated exclusively to cryptocurrency investments. Anti Hero Capital, whose managing partners also founded tech agency M5859, are ...

Chief economist update: No target sign on India's back

BENJAMIN ONG  |  MONDAY, 9 APR 2018
Trump and Xi's game of tariff poker goes on. Whether it's Trump's "art of the deal" tactic or a true blue (fallacious) plan to make "America Great Again," only Trump knows - problem is, China's Supremo isn't blinking. To be sure, the prospect of an ...

New super fund combats account erosion for young Aussies

JAMIE WILLIAMSON  |  WEDNESDAY, 28 MAR 2018
A new superannuation fund is aiming to address the needs of Australian university students and young professionals. Student Super plans to give young Australians a head start when it comes to superannuation, saying the first decade of super contributions ...

Wealth firm appoints chief financial officer

DARREN SNYDER  |  TUESDAY, 20 MAR 2018
The financial services group formerly known as Austock is in the final stages of its rebrand, welcoming a new chief financial officer and formalising its new ASX code and website. Generation Development Group, the parent firm of Generation Life (formerly ...

Private wealth platform appoints ASX-listed corporate adviser

ALEX BURKE  |  TUESDAY, 6 MAR 2018
... platform that created China's first robo-advice solution appointed an ASX-listed corporate advisory firm for its initial coin offering (ICO). Bankorus, which now advises more than 200,000 high-net-worth investors representing an aggregate US$30 billion ...

SMSF trustees warned on non-compliant crypto

JAMIE WILLIAMSON  |  THURSDAY, 1 MAR 2018
Inexperienced self-managed superannuation fund trustees are being warned to do their homework before investing in cryptocurrency as they risk inadvertently breaching crucial compliance regulations. According to Bitcoin Trader partner Warrick Pleash ...

Australian Ethical underlying profit dips despite membership surge

ALEX BURKE  |  FRIDAY, 23 FEB 2018
Australian Ethical's underlying profit after tax fell by 5% in the half year to 31 December 2017 despite a 23% boost in superannuation membership to 37,699. This profit figure - $2.157 million - was actually up 282% on the prior corresponding period ...