Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 271 - 280 of 1108 results for "Water"

Watermark LIC seeks restructure

KANIKA SOOD  |  MONDAY, 28 SEP 2020
A Watermark-managed LIC is proposing to convert to an unlisted managed fund, as a group of investors seek to replace Geoff Wilson and John Abernethy on its board. The Australian Leaders Fund (ASX: ALF) will seek court and shareholder approval to convert ...

Responsible lending laws to be revoked

ANNABELLE DICKSON  |  FRIDAY, 25 SEP 2020
The government has announced a raft of reforms to reduce barriers to Australia's credit framework as a means to boost the economy. The reforms will remove the responsible lending obligations from the National Consumer Credit Protection Act 2009 aiming ...

Boutique appoints chief operating officer

KANIKA SOOD  |  FRIDAY, 18 SEP 2020
Watermark Funds Management's chief operating officer has left for a similar role at another boutique. Tim Bolger is joining Alium Capital Management as its chief investment officer. Alium runs two strategies: a market neutral fund and public-to-private ...

Watermark sheds market neutral fund

KANIKA SOOD  |  THURSDAY, 17 SEP 2020
The Sydney boutique is handing over its $36 million market neutral fund to another manager, as it looks to focus on its long/short strategies. The Watermark Market Neutral Trust, which has been running for eight years, will transition to Dalton Street ...

Chief economist update: China's post-pandemic economy

BENJAMIN ONG  |  WEDNESDAY, 16 SEP 2020
... proved that the coronavirus could be conquered. So much so that its death sparked a post-pandemic pool party Wuhan Maya Beach Water Park that went viral on August 17. Yes, Virginia, "payback" might not be the right word (or just lost in translation) ...

Tom Waterhouse now a fund manager

KANIKA SOOD  |  THURSDAY, 10 SEP 2020
The horse racing scion is touting a managed fund that invests in gambling companies to wholesale investors. Waterhouse VCs gambling takes long-term stakes in listed and unlisted businesses related to gambling, focusing on three themes: dominant scale ...

Mainstream expands private equity offering

ELIZA BAVIN  |  WEDNESDAY, 9 SEP 2020
Mainstream Fund Services has expanded its private equity services in the Asia-Pacific region. Mainstream said it brought its US private equity solution to Asia-Pacific, to allow general partners to benefit from one complete system for accounting, CRM ...

Labor says yes, economists say no to SG rise

ELIZA BAVIN  |  TUESDAY, 1 SEP 2020
... Ministers said the current government is trying to destroy the superannuation system. "Superannuation is a bit like a bath. The water in the bath is savings. So the government has taken the plug out of the bath - we've already lost $40 billion," Keating ...

Argo Infrastructure posts $9.3m loss, but increases dividends

ALLY SELBY  |  MONDAY, 31 AUG 2020
... towers and data centres, advanced strongly amid the downturn - as a shift to working from home drove a surge in data use. Water and electric utilities also outperformed, Argo Infrastructure said, as these assets' "essential service nature" translated ...

Chief economist update: COVID-19 cuts capex

BENJAMIN ONG  |  MONDAY, 31 AUG 2020
... has done enough: "You can't make people be confident, I certainly can't. I've allowed the horse to come to the water with cheap funding. I can't make it drink."...and three RBA interest rate cuts later (in 2019) - in June, July and October ...