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Showing 4051 - 4060 of 9316 results for "Red"

Contango LIC slashes cash allocation after acquisition

KANIKA SOOD  |  THURSDAY, 10 MAY 2018
Contango Asset Management is reducing the cash allocation in its listed income fund, aiming to have 95% of its net tangible assets fully invested. For the past 12 to 18 months, the $100 million Contango Income Generator listed investment company (CIE) ...

Acorns rebrands, issues prospectus

KARREN VERGARA  |  THURSDAY, 10 MAY 2018
The micro-investment platform formerly known as Acorns Grow Australia is one step closer to listing on the ASX as the rebranded Raiz Invest. Raiz lodged its prospectus aiming to raise more than $15 million, eyeing a target listing date of 21 June 2018. ...

Chief economist update: When good oil goes bad

BENJAMIN ONG  |  THURSDAY, 10 MAY 2018
Let me take you down (no, I'm not going to Strawberry Fields) back to early 2016, when the US and the European Union decided to lift financial and oil sanctions on Iran. Almost immediately Tehran announced it's bringing back production to 3 million ...

Morrison sharpens blockchain, AI agenda

KARREN VERGARA  |  WEDNESDAY, 9 MAY 2018
Australia's open banking, blockchain and emerging fintech sector received a funding boost in last night's Budget, a move the Treasurer said will increase competition and create new jobs. Treasurer Scott Morrison said the funding boost will build on ...

Budget means Aussies can get more from retirement

HARRISON WORLEY  |  WEDNESDAY, 9 MAY 2018
Diversified wealth managers IOOF and StatePlus have led industry support for superannuation measures introduced in last night's Budget. IOOF highlighted how Australians stand to benefit from changes to superannuation policy which would allow planning ...

Budget big picture: Surplus on radar

ALEX DUNNIN  |  TUESDAY, 8 MAY 2018
Treasurer Scott Morrison, in his third Commonwealth Budget reports that government receipts rising 8.6% during 2017-18, compared to expenditure rising 4.7%, leaves Australia with an annual deficit of $18.2 billion and on its way to a modest $2.2 billion ...

Government to ban default life insurance in super

ALEX BURKE  |  TUESDAY, 8 MAY 2018
The Federal Government will mandate that superannuation funds no longer have opt-out life insurance arrangements for members under 25 and those with low balances. Budget papers said this was being done as a means of "protecting Australians' retirement ...

What the associations want from Budget 2018

KANIKA SOOD  |  TUESDAY, 8 MAY 2018
When the clock strikes half past seven and Treasurer Scott Morrison starts to read his speech, here is what Australia's major financial services associations will be hoping for. Financial Planning Association (FPA) In a 45-page pre-budget submission ...

The tools to capture quality

HARRISON WORLEY  |  TUESDAY, 8 MAY 2018
DNR Capital Australian Equities Income Portfolio manager Scott Kelly recently spoke to Financial Standard about how he determines what qualifies as quality. Kelly begins by explaining the five factors DNR use to determine quality, adding that an additional ...

Blue Sky chair steps down amid business restructure

ALEX BURKE  |  MONDAY, 7 MAY 2018
Blue Sky Alternative Investments' chair will step down at the annual general meeting and the group chief investment officer role will be made redundant as part of an overhaul of the company's business model and structure. Any executive directors other ...