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Showing 3491 - 3500 of 14212 results for "Interest"

Link rejects takeover offer

ELIZA BAVIN  |  FRIDAY, 23 OCT 2020
Link Group has concluded the takeover proposal led by Pacific Equity Partners and Carlyle Group materially undervalues the business. The consortium, led by the two private equity firms was offering $5.20 per share via a scheme of arrangement. Link said ...

Robo-advice a complement, not disruptor: Six Park

ANNABELLE DICKSON  |  FRIDAY, 23 OCT 2020
... taken up robo-advice in 2019, which Six Park puts down to awareness. "Meanwhile, the pandemic has triggered an increased interest in investing amongst Australians and the lockdown has made digital interaction and service provision the new norm," Garrett ...

Chief economist update: The UK's new plan... after two plans

BENJAMIN ONG  |  FRIDAY, 23 OCT 2020
... declared in late September. For its part, the Bank of England (BOE) has left the monetary policy door open for negative interest rates and more QE. The UK might be able to contain the second wave as it did the first wave given the re-imposition of restrictions. ...

Chief economist update: Good or bad news is good Wall Street news

BENJAMIN ONG  |  THURSDAY, 22 OCT 2020
... (7.9% in September). This could be because TINA (there is no alternative) FOMO (fear of missing out) remains in play. Low interest rates sparked the TINA trade with investors seeking better returns in the stockmarket that, in turn, lifted upward momentum ...

AustralianSuper backs cobalt miner

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
The industry fund was a cornerstone investor in an ASX-listed mining stock's $45 million equity raise. AustralianSuper invested $18.5 million in Jervois Mining, representing nearly 40% of the total raise. It bought at 20.5 cents per JRV share, which ...

Future Fund asked to table detailed fee spend

KANIKA SOOD  |  WEDNESDAY, 21 OCT 2020
At the budget estimates this morning, the Future Fund was asked to provide its fee spend by each asset class, instead of the total-portfolio figure it usually reports. The $163 billion sovereign wealth fund uses 'total portfolio approach' meaning ...

Centrepoint hires recruitment lead

KARREN VERGARA  |  WEDNESDAY, 21 OCT 2020
... are delighted to welcome Charles to the Centrepoint Alliance team." Cullen added that Centrepoint is receiving a lot of interest from advice firms that want to explore their licensing options, and Smith brings the knowledge and experience required to ...

Statewide appoints new chief technology officer

ELIZABETH MCARTHUR  |  WEDNESDAY, 21 OCT 2020
Statewide Super has hired a new chief technology officer who previously headed up technology and security at Sunsuper. David Cook will step into the role at the $10 billion industry fund. He spent a total of seven years at Sunsuper, six of those as ...

Cost of advice soars as red tape grows

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... times offered conflicting viewpoints and differing interpretations of important professional standards such as the Best Interest Duty (BID) requirement," he said. "Every agency tasked with overseeing the financial planning profession must be funded. ...

ClearView seeks to raise at least $40m

ELIZA BAVIN  |  WEDNESDAY, 21 OCT 2020
... with a minimum subscription amount of $500,000. They will also be subject to satisfaction of a solvency condition with interest paid quarterly based on a floating rate. In additional to launching the raise, ClearView released its FY20 results which is ...