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Showing 2911 - 2920 of 10361 results for "Close"

Cerberus affiliate buys Aussie SME lender

KRISTI CHENG  |  TUESDAY, 24 SEP 2019
An affiliate of Cerberus Capital Management, L.P. has bought an Australian SME lender, Axsesstoday. The $259.7 million deal brings Axsesstoday out of voluntary administration, according to Deloitte, who led the sale. The SME lender entered into voluntary ...

QIC launches China bond fund

KANIKA SOOD  |  MONDAY, 23 SEP 2019
... largest in the world, but foreign participation is still relatively low. The QIC Ping An China Corporate Bond Fund aims to close the gap by offering Australian and global investors access to the opportunities on offer in this exciting market, via a strong ...

Growing uncertainty sees more advisers outsourcing

ELIZABETH MCARTHUR  |  MONDAY, 23 SEP 2019
... the post-Royal Commission environment," said Investment Trends analyst Viola Wang. "Once asset allocation is determined, close to half now say they are no longer involved in picking the individual investments." The proportion of advisers directly involved ...

Crunch time for boutique funds

KANIKA SOOD  |  MONDAY, 23 SEP 2019
... the early 2000s, an equities boutique could expect to break even on a $100 million raise but now, he says, the number is close to $300 million. Despite the challenges facing aspiring boutique managers, the drive for better compensation and greater autonomy ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... "remain at their present or lower levels until we have seen the inflation outlook robustly converge to a level sufficiently close to, but below, 2% within our projection horizon". The general uncertainty over the global economy has already sent investors ...

Thousands strike from work for climate

ELIZABETH MCARTHUR  |  FRIDAY, 20 SEP 2019
Today's global climate strike has resulted in 2568 Australian businesses giving their employees the day off to protest, including Australian Ethical, Future Super and IRESS. The protests,scheduled for September 20, are happening three days out from ...

IFM Investors boss to retire

KANIKA SOOD  |  THURSDAY, 19 SEP 2019
... work closely with the IFM Investors team and board to facilitate a smooth transition, the company said. Himbury has spent close to four decades in executive roles. He led Tyndall Investment Management before joining IFM. For the next innings of his career ...

Global manager launches European infrastructure fund

HARRISON WORLEY  |  THURSDAY, 19 SEP 2019
A $222 billion global asset manager will launch a third diversified European infrastructure fund. First Sentier Investors - formerly known as Colonial First State Global Asset Management - will launch its third European Diversified Infrastructure Fund ...

Chief economist update: Future path of fed funds rate

BENJAMIN ONG  |  THURSDAY, 19 SEP 2019
Two down, none to go! There was division at the Fed - one official wanted a 50 bps rate cut; two wanted the target rate maintained - but after all was said and done, they were outvoted by the majority of seven (led by Fed chair Powell) which didn't ...

Major super funds caught in fraud scandal

ELIZA BAVIN, JAMIE WILLIAMSON  |  WEDNESDAY, 18 SEP 2019
Several of Australia's largest superannuation funds were targeted by an online fraud syndicate which siphoned millions from share-trading and super accounts. A Melbourne woman appeared in court yesterday after allegedly taking part in an online ...