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Showing 391 - 400 of 1376 results for "Backed"

Chief economist update: The do-nothing Fed

BENJAMIN ONG  |  THURSDAY, 18 MAR 2021
... will continue to increase its holdings of Treasury securities by at least $80 billion per month and of agency mortgage-backed securities by at least $40 billion per month," the Fed said. This really is no surprise, especially if one's been paying ...

Crescent Foundation partnership to mentor refugees

ANNABELLE DICKSON  |  MONDAY, 15 MAR 2021
The non-profit organisation backed by Islamic superannuation fund Crescent Wealth has partnered with Deakin University to mentor refugee leaders. The partnership with Deakin University's Centre for Refugee Employment, Advocacy, Training and Education ...

Boutique buys back Montgomery stake

KANIKA SOOD  |  WEDNESDAY, 10 MAR 2021
... distribution capabilities of its own, with no plans to seek another external distribution partner. Montaka continues to be backed by a family office investor, who is an investor in both the business and its funds. "We appreciated the opportunity to work ...

Chant West to buy Rice Warner insurance comparator

KANIKA SOOD  |  FRIDAY, 5 MAR 2021
... transition for subscribers and staff alike." In July 2020, Chant West sold its superannuation business to private equity backed Zenith Investment Partners, and its financial planning software Enzumo to ASX-listed Centrepoint Alliance.

Chief economist update: Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 25 FEB 2021
... of workers' optimism over their employment prospects.... and optimistic about job prospects Australians are. This is backed by the Westpac-Melbourne Institute index of consumer sentiment that showed "unemployment expectations" dropped by 3.8% over ...

Chief economist update: Australia's not jobless recovery

BENJAMIN ONG  |  FRIDAY, 19 FEB 2021
... remaining at around 17-month highs - itself, a measure of workers' optimism over their employment prospects. This is backed by the Westpac-Melbourne Institute index of consumer sentiment that showed "unemployment expectations" dropped by 3.8% over ...

Revolution hires to investment team

KANIKA SOOD  |  WEDNESDAY, 17 FEB 2021
... recent role, he was a senior relationship manager at Bluestone Asia Pacific. At Revolution, Sutinen will focus on the asset-backed securities portfolio, including origination, due diligence and ongoing monitoring of existing transactions. He also adds ...

Chief economist update: Red metal turning red hot

BENJAMIN ONG  |  TUESDAY, 16 FEB 2021
... months. The good news is that the "good doctor's" prognosis is for continued strong growth in the global economy. This is backed by, first and foremost, surrounding the COVID-19 pandemic. While the number of confirmed cases of infections continues to ...

AMP Capital still being dressed up for sale

ELIZABETH MCARTHUR  |  THURSDAY, 11 FEB 2021
... transaction fees were down 39% year on year. "If we don't make performance, we don't make fees," De Ferrari said. Ares backed out of its non-indicative proposal to acquire 100% of the AMP business for $1.85 per share but the Ares bid or AMP Capital ...

Ares backs out of AMP bid

ELIZA BAVIN  |  THURSDAY, 11 FEB 2021
Ares Management has backed out of its acquisition proposal with AMP saying its strategy for its Australia and New Zealand wealth management businesses is likely to be the optimal way forward. The announcement comes as AMP disclosed its full year results ...