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Showing 421 - 430 of 1896 results for "Raising"

ASX-listed fintech to buy Wirecard

ELIZA BAVIN  |  MONDAY, 14 SEP 2020
An ASX-listed fintech has launched a capital raising to acquire Wirecard's Australia and New Zealand business. Change Financial, a US-focused fintech company, announced it has entered into a binding agreement to acquire all of business assets or Wirecard ...

Increased SG equals increased fees: Research

ELIZA BAVIN  |  FRIDAY, 11 SEP 2020
New research from the University of Sydney suggests that raising the superannuation guarantee to 12% will send fees through the roof. The study conducted by Cameron Murray, economist and research fellow at the University of Sydney, found that increasing ...

Fintechs drive venture capital: KPMG

ANNABELLE DICKSON  |  WEDNESDAY, 9 SEP 2020
... billion to US$548 million. Airwallex and Judo Bank recorded the two biggest transactions in the first half of the year raising US$160 million in venture capital and US$146.6 million in private equity respectively. KPMG Australia partner and head of fintech ...

Credit Suisse names preferred investment options

ELIZA BAVIN  |  TUESDAY, 8 SEP 2020
... conditions improve and LNK benefit from the PES acquisition," they said. "We can also see a pathway for Link to de-gear without raising equity." Since the wrap-up of the August 2020 reporting season, Credit Suisse said its order of preference for platform ...

Former IFM executive joins KKR

KARREN VERGARA  |  MONDAY, 7 SEP 2020
... region. Nicholas Hyde is responsible for managing and expanding KKR's client relationships in Australia and New Zealand, raising capital for public markets strategies, and leading new business development for the region. Based in Sydney, he works ...

IOOF buys MLC Wealth for $1.4bn

ELIZA BAVIN  |  MONDAY, 31 AUG 2020
Wealth manager IOOF has launched a $1 billion capital raising to help fund the acquisition of MLC Wealth in a deal worth $1.4 billion. The agreement follows the announcement by NAB in 2018 to exit the business, saying the decision is in line with its ...

ASIC relaxes IPO red tape

ANNABELLE DICKSON  |  THURSDAY, 27 AUG 2020
... provisions. ASIC noted the rationale for this is that it provides relief for professional underwriters which leads to capital raising and reorganisation while protecting the underwriters from an early sell-down. In addition, the second amendment allows ...

WAM makes proposition plans public

ALLY SELBY  |  WEDNESDAY, 19 AUG 2020
... under management. In addition to the strategy shift, CIE opened a share purchase plan to retail investors in the hopes of raising $20 million. The shares were offered at 62.5 cents per share. WAM chair and chief investment officer Geoff Wilson told Financial ...

New 'cash plus' style sovereign bond fund

KANIKA SOOD  |  TUESDAY, 18 AUG 2020
... management and is distributed by Sydney multi-boutique Channel Capital. The new fund is currently awaiting ratings but has been raising money via financial advisers with a past relationship with the boutique through its other strategies.

Chief economist update: COVID-19 cycle

BENJAMIN ONG  |  MONDAY, 17 AUG 2020
... also returned to Europe. According to Factset: "This week saw a surge in case-growth across major Eurozone economies, raising worries about a second wave derailing the bloc's recovery hopes. Germany recorded its biggest daily spike in cases in more ...