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Showing 491 - 500 of 1896 results for "Raising"

Macquarie suit to lead Challenger joint venture

KANIKA SOOD  |  THURSDAY, 6 FEB 2020
... Africa. In his new role, Benveniste will be based in Sydney. He has been tasked with building investor interest in Ares and raising money for the future strategies from local instos. He will also serve as a liaison with Fidante Partners, which will provide ...

FPA calls for axe to fall on stamping fees

HARRISON WORLEY  |  WEDNESDAY, 29 JAN 2020
The peak body for financial planners has moved to reiterate its stance against non-client directed fees in financial advice, as consultation opens into the government's review of stamping fees. The Financial Planning Association of Australia has welcomed ...

Infrastructure boutique hires former Hastings director

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
... MIRA. IPIF's Core fund has raised $195 million so far and has exposure to about 32 unlisted assets. It is currently raising $250 million until March. It has so far raised about $75 million of this. "The raise is basically to invest in opportunities ...

Chief economist update: Steady as it was, steady it will be

BENJAMIN ONG  |  WEDNESDAY, 29 JAN 2020
... for as long as necessary to reinforce the accommodative impact of its policy rates, and to end shortly before it starts raising the key ECB interest rates," it added. "A cross-check of the outcome of the economic analysis with the signals coming from ...

Stamping fees consultation kicks off

KANIKA SOOD  |  TUESDAY, 28 JAN 2020
... Magellan front-ran the scrutiny into stamping fees when it chose to skip paying commissions to brokers and advisers while raising for a LIT that replicates the strategy of the Magellan High Conviction Fund. Magellan, at the time said, would not appoint ...

Fraudulent adviser cops ban, jail time

ELIZABETH MCARTHUR  |  FRIDAY, 24 JAN 2020
... in 2013. An ASIC investigation found Ellis sent 10 letters and one email to a number of his clients for the purpose of raising investment funds to purchase a hotel in Tura, NSW through his company, Tura Pty Limited. Ellis admitted to fraudulently misappropriating ...

Aussie IPOs outperform benchmark

ALLY SELBY  |  FRIDAY, 24 JAN 2020
... failed Aussie floats in 2019, the IPO market outperformed the benchmark ASX 200 Index by 16.8%. New research from equity raising platform OnMarket revealed that IPOs returned an average 35.2%, marking the fourth time in five years that the IPO market's ...

Chief economist update: Strength in jobs downs RBA rate cut expectations

BENJAMIN ONG  |  FRIDAY, 24 JAN 2020
... the jobs numbers to inform its decision on interest rates, but then, as the chart below shows, it would be cutting or raising or holding interest rates steady depending on the monthly seasonally-adjusted employment stats. As we've witnessed time ...

ISA slams ANU research as SG debate rears its head again

HARRISON WORLEY  |  MONDAY, 20 JAN 2020
... for industry superannuation has forcefully rebuked new research from the Australian National University which questions raising the superannuation guarantee to 12% as scheduled. Industry Super Australia has launched a scathing attack on research undertaken ...

Fraudster dyed hair, grew beard to evade regulator

ELIZABETH MCARTHUR  |  MONDAY, 20 JAN 2020
... unrecognised as he launched a new bitcoin scheme. The US Securities and Exchange Commission charged Boaz Manor last week with raising over US $30 million from hundreds of investors in a fraudulent bitcoin offering. Manor had darkened his hair, grown ...