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Showing 391 - 400 of 1945 results for "Liquidity"

The unintended consequences of the performance test

JAMIE WILLIAMSON  |  TUESDAY, 30 AUG 2022
... timely alternative solution before members start to 'vote with their feet' and leave the fund, opening up potential liquidity issues for the remaining members, and thereby reducing the appeal of the fund even more to any potential suitors," Chris said. ...

Will big super's unlisted investments amplify retirement savings?

ANDREW MCKEAN  |  WEDNESDAY, 24 AUG 2022
... he commented. Sicilia concluded: "A contrarian nature is forced upon unlisted asset investors, which is a good thing. Liquidity is important, but it's overrated in the super system; you shouldn't need as much liquidity as we all provision for." ...

ASIC response to Freedom Insurance saga continues

JAMIE WILLIAMSON  |  WEDNESDAY, 17 AUG 2022
... fronting Commissioner Kenneth Hayne. Three months later it ceased selling life insurance and flagged the likelihood of a liquidity crisis before suspending trading in February 2019 before committing to divest all its operations - including financial ...

Zipmex files for debt relief amid ongoing crypto crash

CASSANDRA BALDINI  |  FRIDAY, 29 JUL 2022
... Zipmex has filed moratorium applications in Singapore, preventing creditors from making claims while it attempts to fix liquidity issues. Today the crypto exchange will hold a case conference webinar open to its creditors via zoom following its announcement ...

Mirvac to become trustee of AWOF

ANDREW MCKEAN  |  TUESDAY, 19 JUL 2022
... approval of constitutional amendments at a forthcoming meeting of the fund's unitholders, Mirvac will offer $500 million of liquidity to the AMP Capital Wholesale Office Fund. As a result of the transaction, Mirvac's third-party capital under management ...

Celsius latest casualty in crypto crash

CASSANDRA BALDINI  |  FRIDAY, 15 JUL 2022
... continue their benefits without disruption. The lender said it has $167 million in cash on hand, which will provide ample liquidity to support certain operations during the restructuring process. Celsius is not requesting authority to allow customer ...

Crypto lures executives despite ongoing uncertainty

CASSANDRA BALDINI  |  THURSDAY, 14 JUL 2022
... The EU-regulated payment bank Banking Circle added USDC onto its payment rails, with Coinbase as one of the bank's liquidity providers.

Neobank Volt closes its doors

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... mortgage portfolio and begun the process of returning all deposits to customers in full. "The company has the necessary liquidity available at hand to facilitate this process," the statement confirmed. APRA is closely monitoring the return of funds and ...

ASIC urges market to improve outage resilience

CASSANDRA BALDINI  |  WEDNESDAY, 29 JUN 2022
... week. "Average bid-offer spreads on Chi-X after the ASX closed were around 20 times usual levels. The minimal level of liquidity and trading that continued elsewhere shows that further work is required by ASX and other stakeholders to enable sustained ...

Wealth industry on the cusp of evolution: Report

CASSANDRA BALDINI  |  TUESDAY, 28 JUN 2022
... more "uncertain and muted." The report states: "There is a considerable risk of sustained inflation and much tighter liquidity disrupting economic growth. Moreover, the war in Ukraine raises the prospect of a new era of geopolitical escalation and globalisation ...