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

Search Results

Showing 361 - 370 of 2128 results for "Funding"

Netwealth gears up to relaunch Core, market share expands

ANDREW MCKEAN  |  WEDNESDAY, 16 AUG 2023
... segments, and we have successfully secured several important new licensee relationships that have begun transitioning and funding new accounts." Earlier this year, Netwealth also relaunched Wealth Accelerator with a focus on non-custodial assets. The ...

Fund manager injects $28m in Stockspot

KARREN VERGARA  |  WEDNESDAY, 16 AUG 2023
Robo-adviser Stockspot received a $28 million funding boost from a global fund manager that will see it expand its capabilities in the precarious digital advice landscape. Mirae Asset Global Investments announced its "major strategic investment" in ...

Pacific Equity Partners finances reverse mortgage lender

ANDREW MCKEAN  |  MONDAY, 14 AUG 2023
Pacific Equity Partners (PEP) will finance Household Capital, a reverse mortgage lender, to address the retirement funding and housing needs of senior Australians. PEP is investing in a financing layer of Household Capital's funding structure, alongside ...

Liquidate $250bn Future Fund, says think tank

CASSANDRA BALDINI  |  THURSDAY, 10 AUG 2023
... "This imposed the cost of financing liabilities accrued in the past onto taxpayers of the day." Future Fund's initial funding came from both the surplus of the Commonwealth's 2006-2007 budget and the transfer of the remaining assets held by the ...

Should wealthy Aussies use super to fund aged care?

ANDREW MCKEAN  |  THURSDAY, 3 AUG 2023
Amid fresh concerns about funding Australia's ageing population, assistant treasurer Stephen Jones has responded to a new issues paper that suggests requiring wealthy Australians to use part of their superannuation for their personal aged care costs. ...

Aware Super, Challenger partner for DB solution

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... their retirement income and the Victorian state government and more than 100 employers whose uncertainty around future funding requirements will be alleviated." Meantime, Challenger said the mandate is a demonstration of the increasing number of pension ...

Mercer picked to advise Pengana Credit

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... net worth investors." As previously announced in April, the launch of Pengana Credit was preceded by a $200 million seed funding round poured into the new business by partner Washington H. Soul Pattinson (WHSP). "Private credit has seen phenomenal growth ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... Wylie said. Stephens added: "The transaction highlights UniSuper's ability to transact swiftly without the need for debt funding or regulatory approvals. As genuine long-term investors, we continue to look for unique opportunities that help our members ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... Spaceship is back in business and planning the launch of a new investment service, buoyed by an additional $6 million in funding. The extra cash comes from its two major shareholders, Mike Cannon-Brookes' family office Grok Ventures and Horizons ...

FICAP 2023: Countdown is on

CASSANDRA BALDINI  |  FRIDAY, 21 JUL 2023
... This is a really important night to provide exposure for them to a new community but also to raise some really important funding for them." Last year's FICAP event raised $120,000 for 2022 charity partners SHINE for Kids and the Starlight Children's ...