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Showing 361 - 370 of 1908 results for "Raising"

Cbus expecting 19% returns for year

KANIKA SOOD  |  THURSDAY, 1 JUL 2021
The industry fund is expecting to cap off the financial year with 19% returns, on the back of strong markets and a 1.5% to 2% alpha contribution. Cbus chief investment officer Kristian Fok yesterday said the 19% expected return was a "remarkable turnaround" ...

Super funds back space travel

KARREN VERGARA  |  THURSDAY, 1 JUL 2021
... capital firms Blackbird and Main Sequence are among the co-investors with the super funds in the latest round of capital raising. Series C funding has raised $61 million. The super funds did not disclose how much they each contributed. Three years ago ...

Lumiant raises capital, adds to board

KARREN VERGARA  |  WEDNESDAY, 23 JUN 2021
... by Burridge, Lumiant launched in February 2021 as a platform helping advisers deliver goals-based advice. Burridge is raising capital via equity crowdfunding platform Equitise fund his growth strategy. The fintech is aiming to raise $2 million to grow ...

Aussie PE, VC assets hit milestone

KARREN VERGARA  |  THURSDAY, 17 JUN 2021
... the past two years. Brisbane-based Cedar Pacific Student Accommodation Fund II, with $500 million, was the third-largest raising in Australia. In terms of farmland assets, Macquarie Infrastructure and Real Assets closed its $1 billion MIRA Agriculture ...

Perennial to launch fund, hires

ELIZABETH MCARTHUR  |  WEDNESDAY, 16 JUN 2021
... and has hired an investment head from Investec. The Perennial Private to Public Opportunities Fund No. 3 has a minimum raising target of $50 million, up to a maximum of $200 million. Perennial head of private investments Brendan Lyon said the firm has ...

Boutique hires from Allan Gray

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
... high-yield fund. Inifer's role is a new addition for the business, where the portfolio managers primarily looked about the fund raising. He was a part of Allan Gray's Australian executive team as the head of retail strategy. He spent nearly 10 years ...

Financial services job market hot: Hays

ELIZABETH MCARTHUR  |  THURSDAY, 27 MAY 2021
... employers planning to award salary increases of more than 3%. In accountancy and finance 17% of employers said they would be raising salaries by more than 3%. "The value of salary increases is driving a wedge between employers and employees," Hays managing ...

Sunsuper raises ICR by 19bps

KANIKA SOOD  |  MONDAY, 10 MAY 2021
Sunsuper is raising the indirect cost ratio for its Balanced option by 19bps, attributing it to better performance since COVID-19. Sunsuper's balanced option currently charged ICR of 40bps per year, which totals $200 for every $50,000 invested. ...

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... Other shareholders have committed a further $14 million of new capital into the fund as part of a second and final capital raising that is expected to bring total assets to $60 million. Including the fund's staff, shareholders have committed nearly ...

Chief economist update: Bad news is good news is back

BENJAMIN ONG  |  MONDAY, 10 MAY 2021
... cited in the April Beige Book survey that found "employment expectations were generally bullish". "Some contacts mentioned raising starting pay and offering signing bonuses to attract and retain employees."... and/or to compete with the government's ...