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Showing 371 - 380 of 1376 results for "Backed"

UBS shuts fund

KANIKA SOOD  |  FRIDAY, 14 MAY 2021
... scale, and that Yarra still manages over $1 billion in its ex-20 Australian equities strategy. Yarra Capital, which is backed by TA Associates, recently acquired Nikko AM's Australian business and bring back the Tyndall name. Last year, U BS delisted ...

Loomis Sayles wins super fund mandate

KARREN VERGARA  |  FRIDAY, 14 MAY 2021
... superannuation fund awarded a $180 million mandate to Loomis, Sayles & Company. Statewide Super appointed Loomis Sayles for an asset-backed securitised strategy aiming to achieve returns of cash plus 2% to 3%. Based in Boston, Loomis Sayles head of mortgage ...

Investec fund in management buyout

KARREN VERGARA  |  MONDAY, 10 MAY 2021
... reached an agreement in March to buy Investec's local corporate and acquisition finance loan portfolio. Commencer is backed by Alteris Financial Group, which is a 30% shareholder (and an existing investor in the IEC Fund); some 20% is owned by an ...

Government launches digital economy strategy

ANNABELLE DICKSON  |  FRIDAY, 7 MAY 2021
... economy. "In our view, the changes must be made in order to maintain pace with the rapid growth experienced by some venture-backed businesses, and to ensure Australia's tax settings around the innovation sector remain competitive on a global scale," ...

Chief economist update: Did the BOE just announce taper?

BENJAMIN ONG  |  FRIDAY, 7 MAY 2021
... change in the stance of monetary policy". Don't call it taper. Taper or "slowed somewhat", the BOE's announcement is backed by its sharp upgrade to the country's economic outlook: "New COVID cases in the United Kingdom had continued to fall ...

MLC Life hires general manager

KARREN VERGARA  |  TUESDAY, 4 MAY 2021
... a highly qualified and experienced insurance industry professional with a passion for driving great customer outcomes, backed by her extensive experience and expertise in several areas of life insurance. "These attributes are especially important for ...

Chief economist update: The Fed and Australia

BENJAMIN ONG  |  TUESDAY, 4 MAY 2021
... talking about adjusting those purchases [the Fed's US$120 billion monthly purchases of US Treasuries and agency mortgage-backed securities] while at the same time repeating his expectation that the US central bank will have to start raising interest ...

Chief economist update: Not yet time to make a change

BENJAMIN ONG  |  FRIDAY, 30 APR 2021
... quo -- federal funds rate at 0-0.25% increase its bond purchases by at least US$80 billion a month and agency mortgage-backed securities by around US$40 billion monthly. "...I know that it's not easy, to be calm when you've found, something going ...

Westpac settles life insurance class action

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 APR 2021
... premiums. Shine estimated that 80,000 Australians had purchased the overpriced Westpac Life policies. The class action was backed by litigation funder JustKapital. Westpac has now resolved the matter without making any admission of liability in relation ...

BetaShares launches hybrids ETF

KANIKA SOOD  |  TUESDAY, 27 APR 2021
... present a significant challenge for investors seeking income. Our new ETF offers attractive income, but only holds hybrids backed by our 'Big 4' banks, which are among the most profitable and prudentially sound banks in the world. BHYB offers investors ...