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Showing 4021 - 4030 of 9316 results for "Red"

Blue Sky denies private equity selloff

ALEX BURKE  |  THURSDAY, 7 JUN 2018
Shortly after announcing its domestic retail hedge fund would be wound up, Blue Sky assured investors it has no intention of selling its private equity business. KPMG is currently conducting an independent review of all Blue Sky-managed assets, although ...

BTFG boss backs PC super proposals

KANIKA SOOD  |  THURSDAY, 7 JUN 2018
BT Financial Group supports key recommendations of the Productivity Commission's most recent superannuation report, saying the Westpac-owned business would welcome moving away from an "open market" MySuper model. BTFG chief executive Brad Cooper ...

Chief economist update: Another five minutes of sunshine?

BENJAMIN ONG  |  THURSDAY, 7 JUN 2018
Australians all, let us rejoice! Our economy is in pole position. The Australian Bureau of Statistics' (ABS) National Accounts report showed the economy expanded by 3.1% in the year to the March quarter, accelerating from the 2.4% in the previous ...

Life insurer early intervention a win: Research

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
New research strongly backs the economic and health benefits of allowing life insurers to provide intervention and rehabilitation treatment for thousands of Australians each year. The study, conducted by the Financial Services Council with the help ...

Daido Life buys stake in life insurer

KARREN VERGARA  |  WEDNESDAY, 6 JUN 2018
Japanese life insurer Daido Life acquired a 14.9% stake in an Australian life insurer in an effort to expand offshore. Daido Life invested $13 million in the newly launched Integrity Group, the owner of Integrity Life. Worth $18 billion, Daido Life ...

Chief economist update: A prelude to an RBA cut?

BENJAMIN ONG  |  WEDNESDAY, 6 JUN 2018
The Reserve Bank of Australia (RBA) didn't disappoint when it kept the official cash rate unchanged at a record low 1.5% following its June 5 board meeting. Except for a few tweaks in the wordings here and there, RBA Governor Philip Lowe's statement ...

$26 billion real estate group shuffles portfolio

KANIKA SOOD  |  TUESDAY, 5 JUN 2018
Vicinity Centres is offloading about $1 billion of sub-regional and neighbourhood shopping centres, with a view to reinvest in opportunities that create better value for security holders. The recent portfolio reshuffle builds on the ASX-listed real ...

Citi launches currency product, targets HNW investors

DARREN SNYDER  |  MONDAY, 4 JUN 2018
Citi Australia is continuing its increased push into the local wealth management market, introducing a currency product targeted at globetrotting high-net-worth investors. The Global Currency Account is launching as a transaction account with the ability ...

Chief economist update: Capex and credit and the trade war

BENJAMIN ONG  |  FRIDAY, 1 JUN 2018
Just when the threatening clouds of Quitaly and its negative repercussions on the whole of the Eurozone has dissipated, US President Donald Trump's trade protectionist policy in the name of American national security comes back to haunt. Not that ...

Investa mulls Blackstone deal, possible insto partnership

JAMIE WILLIAMSON  |  WEDNESDAY, 30 MAY 2018
Investa Wholesale Funds Management has responded to Blackstone's offer to acquire the Investa Office Fund. On Monday, Investa Listed Funds Management - RE for the office fund - announced Blackstone had submitted an all-cash proposal to acquire IOF ...