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Showing 531 - 540 of 6028 results for "WES"

Blackstone one step closer on Crown deal

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
The NSW Independent Liquor and Gaming Authority has affirmed Blackstone's suitability to hold a casino license in NSW. This latest regulatory approval paves the way for the private equity manager to become the operator of the Crown Sydney casino. Blackstone ...

Banks flag imminent consecutive double rate rises

ANDREW MCKEAN  |  WEDNESDAY, 8 JUN 2022
Commonwealth Bank and Westpac economists have predicted the Reserve Bank of Australia (RBA) to bump up official rates to 1.35% when it next meets in July; NAB and ANZ believe there will be another double hike in the next two months. Quickly following ...

Apostle Funds Management appoints chief operating officer

CHLOE WALKER  |  MONDAY, 6 JUN 2022
Eric Chu will become the first chief operating officer at Apostle Funds Management. Chu joins in the newly created role with over a decade of experience in financial services, including a career in fund accounting at Custom House Global Fund Services ...

Twiggy Forrest spends $31m on Australian Agricultural Company

CHLOE WALKER  |  MONDAY, 30 MAY 2022
The Australian billionaire's family office Tattarang recently purchased $31 million worth of AAC shares, increasing his voting notice in the company substantially. Interestingly, the purchase was not the first acquisition of Australian agricultural ...

Westpac offloads BT super funds to Mercer

JAMIE WILLIAMSON  |  THURSDAY, 26 MAY 2022
Westpac has confirmed it signed a successor funds transfer with Mercer which will see all its superannuation funds transferred to Mercer Super Trust. BT will merge its personal and corporate superannuation funds into Mercer in the first half of next ...

VanEck carbon credits ETF set to hit ASX

CASSANDRA BALDINI  |  TUESDAY, 24 MAY 2022
VanEck will launch Australia's first carbon credits ETF, tracking the four most actively traded and largest carbon markets and emissions trading schemes (ETS) in the world. Subject to ASX and final regulatory approval VanEck Global Carbon Credits ETF ...

Risk asset volatility guaranteed: Western Asset

ANDREW MCKEAN  |  FRIDAY, 20 MAY 2022
Geopolitical developments and central bank tightening have made risk asset volatility a surety this year, according to Franklin Templeton's specialised investment managers Western Asset. However, Western Asset has said that despite geopolitical turbulence ...

Westpac architects new institutional banking platform

ANDREW MCKEAN  |  TUESDAY, 17 MAY 2022
Westpac has begun work on a new transactional platform for institutional clients, using UK technology provider 10x Banking to provide the core technology. The two companies have signed a letter of understanding that's built on an existing three-year ...

Former adviser sentenced over dishonesty

JAMIE WILLIAMSON  |  TUESDAY, 17 MAY 2022
A former financial adviser will serve a three-year correctional order, including home detention, for providing fabricated evidence as part of an ASIC investigation. Ezzat-Daniel Nesseim was sentenced to a three-year intensive correctional order after ...

Risk inflows hit $17.6bn last year: Analysis

JAMIE WILLIAMSON  |  MONDAY, 16 MAY 2022
Risk inflows grew 5.5% in 2021, with MetLife, NobleOak and QInsure seeing the greatest growth. Latest stats from Plan for Life show life insurance risk inflows increased from $16.7 billion in 2020 to $17.6 billion at 2021 end. MetLife, QInsure and NobleOak ...