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

Search Results

Showing 511 - 520 of 11808 results for "Price"

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... Investors are betting on several interest rate cuts from the US Federal Reserve before the year comes to a close. T. Rowe Price head of investment grade and portfolio manager in the fixed income division Steve Boothe said the market is pricing in several ...

QIC makes history with $900m sale

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... Haben and US investment manager Hines, both of which will take a half stake. Financial Standard understands the final sale price was $900 million. QIC town centre fund manager Michael Fattouh said the deal reflects positive performance driven by 34 years ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
The Reserve Bank of Australia (RBA) board has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the ...

Australia's best-performing super fund says no to crypto

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
... challenge with the volatility of cryptocurrencies is that quite often it's difficult to point to the real reason as to why a price is moving up and down," he added. Armitage also believes that cryptocurrencies are as much a concept as they're an actual ...

Pengana pauses share buyback

ANDREW MCKEAN  |  WEDNESDAY, 2 OCT 2024
Pengana Capital Group's board informed shareholders that although the company's current share price doesn't reflect its true value, it's paused its share buyback program until uncertainties around the Employee Share Loan Plan are settled. The board ...

CFMG Capital raises for $26m Brisbane project

MATTHEW WAI  |  WEDNESDAY, 2 OCT 2024
The Queensland-based fund manager has launched a capital raising to fund development of a recently acquired site at Rochedale, south of Brisbane. The 3.37ha site is situated on Farley Road and will be developed into a 27-lot gated community, with prices ...

ACCC approves Lendlease, Stockland property deal

ANDREW MCKEAN  |  FRIDAY, 27 SEP 2024
The Australian Competition and Consumer Commission (ACCC) won't block Stockland and Thai property developer Supalai's plan to acquire 12 of Lendlease's 16 residential community projects, but there are strings attached. The masterplanned communities ...

Household wealth rises in June quarter

ELIZA BAVIN  |  FRIDAY, 27 SEP 2024
Household wealth rose for the seventh consecutive quarter - rising 1.5% or $250 billion - in June 2024, according to data from the Australian Bureau of Statistics (ABS). Total household wealth was $16.5 trillion in the June quarter, which was 9.3% ($1.4 ...

Acadian, Yarra among most commonly used external managers by super funds

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... leading managers are Baillie Gifford, State Street, Wellington Management, Macquarie, BlackRock, Ninety One, and T. Rowe Price. For fixed income, the most common managers are Wellington, Western Asset Management, PIMCO, Macquarie, BlackRock, State Street ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... franked special dividend of $0.20 per Platinum share. The offer values each Platinum share at $1.10, based on Regal's share price before the proposal. The Regal proposal included conditions including the granting of due diligence, Platinum's board recommendation ...