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Showing 541 - 550 of 1908 results for "Raising"

Magellan posts bumper profits, raising $275m

KANIKA SOOD  |  TUESDAY, 13 AUG 2019
Magellan Financial Group reported a 78% jump in its profit for the financial year ending June and announced a $275 million institutional raise for MFG shares this morning. Magellan's stable of well-performing equities funds are now managing an average ...

AMP announces new strategy, capital raise

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2019
... or 14.7% of AMP's existing issued capital. The raise is anticipated to be complete by mid-September. "The capital raising and the AMP Life sale will provide the funds to implement immediately our new transformational strategy, which creates a simpler ...

IPIF names investment lead, launches capital raise

ELIZABETH MCARTHUR  |  TUESDAY, 6 AUG 2019
... manager Infrastructure Partners Investment Fund (IPIF) has appointed a new chief investment officer and announced a capital raising. IPIF appointed Jonathan van Rooyen to the role of chief investment officer. Van Rooyen joins from Gardior where he was ...

Survey backs SG increases

KARREN VERGARA  |  MONDAY, 5 AUG 2019
... the SG, claiming that after crunching the numbers middle-income earners would end up poorer over their entire lifetime. Raising the SG from 9.5% to 12% would see a 30-year-old worker fork out $30,000, Grattan found. Industry associations were quick to ...

VGI Partners readies $1bn Asian fund

KANIKA SOOD  |  MONDAY, 5 AUG 2019
... won't be establishing an unlisted fund for the Asian strategy. If the LIC raises $500 million, VGI will commit to not raising any additional capital for the next three years. It intends to take a $20 million cornerstone shareholding itself, and will ...

Imminent launch for start-up super fund

KARREN VERGARA  |  FRIDAY, 2 AUG 2019
... newly formed advisory board recently joined Hall to help launch the fund in terms of building the technology and capital raising. The board, comprising Peter Nicholas, Andrew Murray and Ram Castillo, are also part owners of the fund.

Private equity fund raising $300m

KANIKA SOOD  |  WEDNESDAY, 31 JUL 2019
A Sydney-based fund is raising $300 million from instos, family offices and retail investors to further its investments in private equity, renewable energy and real estate. Federation Asset Management chair Greg Bundy, who was previously Merrill Lynch ...

IPOs fewer but performing well

KANIKA SOOD  |  THURSDAY, 25 JUL 2019
... listing day, according to HLB Mann Judd's biannual IPO report. Only 23 companies listed in the six months to June, raising $823 million. This is significantly lower when compared to last year's total raise of over $8 billion. But the share price ...

AXA equities executive departs

KANIKA SOOD  |  WEDNESDAY, 24 JUL 2019
... him for his time over the last 12 years at AXA IM, especially the significant efforts in establishing, recruiting and raising profile for Framlington Equities and AXA IM's wider capabilities in Asia and we wish Mark every success for the future." ...

Fidelity appoints sustainable investing lead

HARRISON WORLEY  |  WEDNESDAY, 17 JUL 2019
... capital markets capability in Asia, contributing to alpha creation for our portfolios, as well as playing an active role in raising awareness of sustainability issues." Tan is based in Singapore.