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Showing 381 - 390 of 2164 results for "Plus"

LGIAsuper to rebrand

ELIZABETH MCARTHUR  |  TUESDAY, 22 JUN 2021
... corporate knowledge." In April, LGIAsuper acquired Suncorp Portfolio Services for $45 million (fixed amount of $26.6 million plus regulatory capital). Farrar said her team is targeting APRA regulatory approval by the end of 2021. Suncorp Portfolio Services ...

Cashwerkz takes stake in boutique, plans rebrand

KANIKA SOOD  |  THURSDAY, 10 JUN 2021
ASX-listed Cashwerkz will pay $3 million in cash plus performance rights to buy a 25% stake in a boutique, as it also looks to rename the entire group. Tactical Global Management has been running since 1997 and provides tailored overlay solutions for ...

LIC restructures to ETMF

ELIZABETH MCARTHUR  |  THURSDAY, 10 JUN 2021
... dollars in it. The long/short actively managed ETMF has a management fee of 1.38% per annum, a performance fee of RBA cash rate plus 5% with high water mark and a minimum 6% per annum yield paid quarterly. Three-year returns after fees were 17.6% per ...

Mergers push member positivity

ANNABELLE DICKSON  |  THURSDAY, 10 JUN 2021
... Suncorp's superannuation business. The $61 billion Hostplus has entered a partnership with Maritime Super. Last month, Club Plus signed a memorandum of understanding with AustralianSuper to create a $207 billion fund.

Chief economist update: The devil's in the headline US payrolls number details

BENJAMIN ONG  |  TUESDAY, 8 JUN 2021
... receiving higher unemployment benefits from dear Uncle Sam, thank you very much. There's the cheque for US$1200 per person (plus US$500 per child) issued under the CARES Act in March 2020; there's the cheque for US$600 per person (US$600 per ...

Chief economist update: Home sweet home

BENJAMIN ONG  |  MONDAY, 7 JUN 2021
... the ABS clarified, "...the value of construction commitments remained at a high level." The balance of supply and demand - plus the RBA's forward-guidance for another three years of low interest rates and speculation for further gains in house prices ...

PEXA to IPO in June

ANNABELLE DICKSON  |  MONDAY, 31 MAY 2021
... Group chief executive Vivek Bhatia said. Last week KKR (partnering with Domain) made an offer for PEXA, made up of $3 billion plus $126 million for cash on the balance sheet. The offer was open until 5pm on May 30. Previously, Link rejected takeover ...

Future Fund to hire 70 for investment team

KANIKA SOOD  |  THURSDAY, 27 MAY 2021
... external managers and also manage the assets once they are on Future Fund's books. The government has kept the Future Fund's CPI plus return target unchanged, even as low interest rates affect returns from various asset classes and reflation fears make ...

Chief economist update: RBNZ will run out of patience next year

BENJAMIN ONG  |  THURSDAY, 27 MAY 2021
... expected to return to around its maximum sustainable level in the second half of the projection." Rising capacity pressure plus a declining unemployment rate equals higher wages growth, reading: "Annual LCI private sector wage inflation is assumed to ...

UniSuper names next chief executive

KANIKA SOOD  |  WEDNESDAY, 26 MAY 2021
... launched the Aware Super brand and delivered an award-winning app that has put super right into the hands of our million-plus members. He's leaving a very strong and capable team to carry on this important work for us."