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

Search Results

Showing 41 - 50 of 1734 results for "Raising"

EQT launches new wholesale fund down under

CHLOE WALKER  |  TUESDAY, 26 SEP 2023
... successful launch in the Nordics in May, Australia is the second market to go live in a global rollout. EQT head of capital raising Australia Martin Donnelly said it comes in response to growing demand from local wholesale investors, financial advisers ...

MLC Life unveils retail discounts

KARREN VERGARA  |  FRIDAY, 22 SEP 2023
... Downey said. Last October, the insurer updated the income replacement ratios for both Income Assure and Income Assure+ by raising it for customers with higher incomes. Income Assure+ was updated to use an "own occupation" assessment for clients with ...

Adviser registration deadline extended again

KARREN VERGARA  |  WEDNESDAY, 20 SEP 2023
ASIC has again extended the date for financial advisers' registration requirements to 1 February 2024. Advisers previously had until October 1 to register on ASIC's Financial Advisers Register. The original deadline date was set for 1 January 2023. ...

Financial planning veteran launches ideas exchange

ANDREW MCKEAN  |  MONDAY, 18 SEP 2023
... eXchange, our vision is to create a dynamic platform that empowers leading advisers to exchange ideas and insights, ultimately raising the bar for best practices in our industry." The platform is guided by the belief that financial advice practices are ...

Industry mega trends impacting distribution roles

ELIZABETH FRY  |  MONDAY, 11 SEP 2023
... clients identify investment opportunities with strong risk-adjusted returns," she says. "We're finding that capital raising takes much longer; it requires more flexibility and patience. People often lack the technical investment knowledge to have ...

Lumiant chief steps down

KARREN VERGARA  |  WEDNESDAY, 6 SEP 2023
... to Lumiant," Burggide said on LinkedIn. He added that "nothing prepared me for Lumiant - starting a business in COVID, raising $14 mil AUD, opening up in three countries and building it from no staff to 26 full-time. It busted me." Burridge is the chair ...

Latest CPI data provides case for rate pause

CHLOE WALKER  |  THURSDAY, 31 AUG 2023
... leaving interest rates unchanged at its policy meeting next week. "My base case remains that the RBA has now concluded raising interest rates. It will remain on hold for the remainder of this year with the first interest rate cut now expected in April ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... mostly closed to new issuance since 2022. "The absence of competition means we're in a fabulous position. With the Fed raising rates, both existing and new investors benefit directly," Kasser explained. Further, she highlighted that today's lending ...

Barings expands APAC team

CHLOE WALKER  |  TUESDAY, 29 AUG 2023
... respectively. In their new roles, Thirukumar and Kwek will be responsible for developing and managing client relationships and raising capital across the institutional channel in Australia and wealth channel in Southeast Asia. Based in Sydney, Thirukumar ...

ASIC acts against illegal investment scheme operator

JAMIE WILLIAMSON  |  WEDNESDAY, 26 JUL 2023
... Hopkins or his company hold an AFSL that allowed such activity. Hopkins promoted at least 25 development joint ventures, raising more than $32 million from clients. ASIC has previously said that he told investors they could expect guaranteed returns ...