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Showing 2821 - 2830 of 7101 results for "June 2011"

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
The US Federal Reserve took another step towards policy normalisation at its June FOMC meeting - announcing another 25 basis point lift in the fed funds rate from one to 1.25% (the second this year) while at the same time giving notice that it would ...

TCorp boosts FUM with NSW Govt mandate

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2017
The New South Wales Government's infrastructure fund is forecast to hit $14.8 billion by the end of this month, Treasurer Dominic Perrottet announced in yesterday's budget. Net proceeds from the Government's asset recycling program are being invested ...

MSCI adds China to indices

KARREN VERGARA  |  WEDNESDAY, 21 JUN 2017
Global equity index provider MSCI will add China A shares to two of its indices starting June 2018. More than 220 China A large cap stocks will be incorporated to the MSCI Emerging Markets Index, estimated to have a 0.73% weighting. China A shares will ...

Cooling property market

BENJAMIN ONG  |  WEDNESDAY, 21 JUN 2017
The Reserve Bank of Australia (RBA) and the Australian Prudential Regulations Authority (APRA) would be pleased with the National Statistician's latest update on residential property prices. The Australian Bureau of Statistics (ABS) released figures ...

Wealth firm lists on ASX with $7.3m IPO

ALEX BURKE  |  TUESDAY, 20 JUN 2017
A wealth management and chartered accountancy firm is about to list on the ASX following an initial public offering of 7.3 million shares at $1 per share. Kelly+Partners (ASX: KPG) was established in 2006, currently operates 12 offices in Sydney and ...

Oil's not so slick

BENJAMIN ONG  |  TUESDAY, 20 JUN 2017
It has only been less than a month - 25 May -- since the Organisation of Petroleum Exporting Countries (OPEC) announced the extension of crude oil production cuts by nine months to the last day of March 2018 but oil prices are sliding again. The deal ...

Actor linked to Malaysian pension fund scandal

ALEX BURKE  |  MONDAY, 19 JUN 2017
The US Department of Justice is seeking to recover about $2 billion in assets misappropriated from a Malaysian sovereign wealth fund in a scandal with ties to the Malaysian prime minister's stepson and US actor Leonardo DiCaprio, among other notable ...

PAC secures $33m in insto capital

ALEX BURKE  |  MONDAY, 19 JUN 2017
Pacific Current Group (PAC) successfully completed an institutional placement of $33 million partly to repay debts stemming from the acquisition of a US boutique. The placement, which was fully underwritten by Ord Minnett, comprised approximately $12 ...

Equity Trustees appointed RE to multinational group

EMMA RAPAPORT  |  FRIDAY, 16 JUN 2017
Equity Trustees will be the new responsible entity for a multinational financial services group operating in Australia which recently launched two equity funds. Sanlam Private Wealth Australia, formerly known as Calibre Investment, launched the SPW ...

UBS cops $280,000 ASIC fine

ALEX BURKE  |  FRIDAY, 16 JUN 2017
UBS Securities paid $280,000 in penalties following two infringement notices issued by ASIC's Markets Disciplinary Panel. The first infringement notice pertained to UBS' PIN crossing system, in which orders are executed based on algorithms reflecting ...