Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 471 - 480 of 1637 results for "valuation"

WA financial services director banned for six years

CHLOE WALKER  |  MONDAY, 15 AUG 2022
ASIC has banned Perth-based director Sharree Grace Hutchinson from providing financial services for six years, after she was found to have abused her power as an ASFL holder. Specifically, the regulator found that between December 2020 and January 2021 ...

Macquarie Asset Management buys Veolia waste business

CHLOE WALKER  |  TUESDAY, 9 AUG 2022
... will create significant value and strengthen our investment capacity in strategic markets," Brachlianoff said. "The valuation of these assets reflects both the initial price and the synergies expected from the combination, in line with all of the disposals ...

Australian Eagle team to join Montgomery IM

JAMIE WILLIAMSON  |  MONDAY, 8 AUG 2022
... clients. The Australian Eagle team has a strong track record of outperforming the market by following a quality-and valuation-focused investment approach that is closely aligned with our own. Until now Australian Eagle's long-only strategy has only ...

Value investing a likely winner: Maple-Brown

ANDREW MCKEAN  |  FRIDAY, 5 AUG 2022
... would cause higher prices and that the US economy is heading for a major recession. Further, on markets suffering a valuation de-rating from fear of persistent high interest rates, Insync noted that this isn't an earnings de-rating. "Investors are concerned ...

Equities challenged but opportunities are there

CHLOE WALKER  |  THURSDAY, 28 JUL 2022
While near term market volatility is expected to continue in Australia and overseas, it is not all doom and gloom, according to GSFM and Munro Partners. At a recent briefing, GSFM investment strategist Stephen Miller said that all developed country ...

Increased scale drives Diverger results

CASSANDRA BALDINI  |  THURSDAY, 28 JUL 2022
... underlying profit rising almost 4% to $7.06 million. It reported a market capitalisation of $37.6 million and an enterprise valuation of $35.1 million and saw a 12% increase in its net cash FY21 $2.26 million FY22 $2.53 million. Jacobsen said the company ...

State Street to administer $1bn private equity fund

CHLOE WALKER  |  WEDNESDAY, 27 JUL 2022
In a win for its local alternatives services business, State Street has been appointed as fund administrator for the Mercury Capital Fund twenty2. The fund, which recently raised $1 billion, is Mercury Capital's fourth private equity fund since inception. ...

Aliro Group withdraws AOF bid

JAMIE WILLIAMSON  |  MONDAY, 25 JUL 2022
After initially bidding for the Australian Unity Office Fund in May and requesting two subsequent extensions to the exclusive due diligence period, Aliro Group will no longer provide a revised bid. It comes as independent valuations shave $37.25 million ...

Treasurer announces RBA review

ANDREW MCKEAN  |  WEDNESDAY, 20 JUL 2022
... years has benefited borrows with existing mortgages. Further, the number of new borrowers that borrowed at high loan-to-valuation ratio above 90 has declined markedly. While acknowledging that some indebted households would be more vulnerable and that ...

New guidance to improve super funds' understanding of ESG risks

JAMIE WILLIAMSON  |  TUESDAY, 19 JUL 2022
... reflected in draft SPG 530," it said. Elsewhere, licensees also requested clear guidance on implementing an adequate valuation governance framework. "Areas identified for guidance included when independent valuations would be considered appropriate ...