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Showing 2511 - 2520 of 14210 results for "Interest"

Active Super, Vision Super mull merger

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
Active Super and Vision Super have signed a Memorandum of Understanding (MOU) to explore a potential merger. Both parties will undertake due diligence to determine whether a merger is likely to be in the best financial interests of members of both funds. ...

OECD projects sharp growth deceleration

ANDREW MCKEAN  |  THURSDAY, 9 JUN 2022
... above central bank target ranges in many major economies, however, cost pressures should start to ease because of rising interest rates. OECD secretary-general Mathias Corman said: "Countries worldwide are being hit by higher commodity prices, which ...

IFM Investors becomes majority shareholder in Atlas Arteria

CHLOE WALKER  |  THURSDAY, 9 JUN 2022
IFM Investors has taken 15% interest in the toll road operator. The acquisition, made via the Global Infrastructure Fund (IFM GIF) is comprised of a relevant interest and economic interest. The fund has said it regularly invests in companies that align ...

VFMC grows fixed income team

JAMIE WILLIAMSON  |  THURSDAY, 9 JUN 2022
... has also previously held roles with Curve Securities and NAB. In the new role he will report to VFMC's head of fixed interest and absolute returns Nick Tribe. VFMC has made several hires in recent months, including Leanne Taylor as head of portfolio ...

Superhero, Swyftx in $1.5bn merger

CASSANDRA BALDINI  |  WEDNESDAY, 8 JUN 2022
... which last year grew its investor base by around 1200% provides access to more than 320 digital currencies and crypto interest earning features. Co-founded in 2018 by Alex Harper and Angus Goldman, the business currently has over 600,000 retail and corporate ...

Cbus, Hostplus take out customer satisfaction awards

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... the pandemic have now been lifted. "However, already during 2022 a new set of challenges, led by inflation and rising interest rates, have emerged that are placing pressures on consumers and businesses and mean delivering a high level of customer satisfaction ...

Padua appoints head of technical advice

CHLOE WALKER  |  WEDNESDAY, 8 JUN 2022
... are a key step in the firm's ongoing growth and expansion in the financial advice market. "We are seeing significant interest from financial planning practices and licensees for our software, services, research and data and these two new appointments ...

Reserve Bank shocks with hawkish 50bp increase

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... has decided to increase the cash rate target by 50 basis points to 85 basis points. The central bank also raised the interest rate on exchange settlement balances by 50 basis points to 75 basis points. At its meeting today, RBA governor Phillip Lowe ...

3iQ introduces inaugural Australian products

ANDREW MCKEAN  |  TUESDAY, 7 JUN 2022
... Ether ETF. Both funds are issued by Perpetual. Cboe Australia chief executive Vic Jokovic said that increased investor interest in cryptocurrency exposure has driven asset managers to offer new, innovative products. Jokovic said: "We're proud to partner ...

The rise of the hybrid ETP

CASSANDRA BALDINI  |  TUESDAY, 7 JUN 2022
... is reduced to 155%, which means that international equities is not the star performer among the asset classes; fixed interest is with organic growth of 197% over three years," he said. He concluded by saying the key takeaway is that the Australian ETP ...