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Showing 391 - 400 of 1896 results for "Raising"

Xinja ceases banking

ELIZA BAVIN  |  WEDNESDAY, 16 DEC 2020
... what it said was an "increasingly difficult" year. "After a year marked by COVID-19 and an increasingly difficult capital-raising environment, and following a review of the market in Australia, Xinja has decided to withdraw the bank account and Stash ...

Chief economist update: Confidence unlocks Australia's virtuous cycle

BENJAMIN ONG  |  THURSDAY, 10 DEC 2020
... would set off a virtuous circle of increased household spending, higher corporate profits, lifting business confidence, raising employment, buoying consumer confidence... Then again, third and fourth wave cases of infections dictate that Australia must ...

Magnolia bids for real estate agency

KARREN VERGARA  |  MONDAY, 7 DEC 2020
... accounting, property and asset management. It recently launched Magnolia Capital Opportunities Fund II to wholesale investors, raising about $20 million.

HESTA partners with Australian Unity

ELIZABETH MCARTHUR  |  TUESDAY, 1 DEC 2020
... these opportunities have come mainly from family offices, high net worth individuals and institutional investors, but this raising by Australian Unity can also be accessed by retail investors." "Bringing this MCI to market with an organisation with the ...

Regulator continues crackdown on product adverts

ELIZA BAVIN  |  MONDAY, 23 NOV 2020
... capital table and investor testimonials. In August, ASIC said it received a misconduct report from a member of the public raising concerns that the fund was being falsely promoted as a term deposit in a series of radio advertisements airing between June ...

Generation flags Ascalon closure

ANNABELLE DICKSON  |  THURSDAY, 19 NOV 2020
... disruption in Hong Kong along with COVID-19 as to why it was unable to execute its growth plans. "This derailed capital raising efforts and we have decided to self-cease," Wong added. Under the acquisition, Ascalon retained interests in Morphic Asset ...

Shipton's tax bill under scrutiny

ELIZABETH MCARTHUR  |  WEDNESDAY, 18 NOV 2020
... rather than Shipton procuring it himself and then being reimbursed by ASIC. Paterson pointed out that following the ANAO raising the issue with ASIC, the regulator made more files available to the ANAO. This included documents in relation to the tax ...

Asset managers want action on modern-day slavery

KARREN VERGARA  |  THURSDAY, 12 NOV 2020
... includes Aware Super, AustralianSuper, HESTA, Christian Super, First Sentier Investors and Fidelity International, is raising more awareness about the perils of modern-day slavery that lurks behind supply chains. Twenty four organisations with a combined ...

New York hedge fund invests in Thorney LIC

KANIKA SOOD  |  TUESDAY, 10 NOV 2020
... have a substantial shareholding. Thorney Group will invest $2.4 million in the placement. "The proceeds of the capital raising will be used primarily to invest in technology-related companies in both Australia and overseas across the investment life-cycle ...

MIRA set to acquire REIT

KARREN VERGARA  |  MONDAY, 9 NOV 2020
... manager of managed fund services Vicki Riggio. The transaction is conditional on Vitalharvest not conducting any capital raising or assets sales or acquisitions, MIRA said.