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Showing 601 - 610 of 2714 results for "FAST"

New Martin Gilbert vehicle strikes first deal

JAMIE WILLIAMSON  |  MONDAY, 17 MAY 2021
AssetCo, the new investment vehicle for the former co-chief executive of Aberdeen Standard, has made its first acquisition under its new business strategy. Martin Gilbert bought into AssetCo in January this year and joined as chair, alongside fellow ...

Chief economist update: A half-glass full look at inflation

BENJAMIN ONG  |  MONDAY, 17 MAY 2021
... already implemented and proposed - give this an extra oomph. Then again, rising inflation - measured and expected - signals a fast-recovering economy. One that would be growing organically and not kept on monetary and fiscal life support. What's ...

Chief economist update: Inflation scare

BENJAMIN ONG  |  THURSDAY, 13 MAY 2021
Wall Street's down! All four US benchmark equity indices dropped overnight - the Dow by 1.99; the S&P 500 by 2.1%; the Nasdaq composite by 2.7%; and the Russell 2000 by 3.3%. The yield on 10-year US bonds increased to 1.70% from 1.62% the day before. ...

BetaShares appoints chief financial officer

KANIKA SOOD  |  WEDNESDAY, 12 MAY 2021
The fast-growing ETF issuer has appointed a chief financial officer in a newly created role. Jason Gellert was previously BetaShares' head of corporate development and is one of the co-founders in the company. He previously worked at Morgan Stanley ...

Somers acquires 15% stake in Aura Group

ELIZABETH MCARTHUR  |  WEDNESDAY, 12 MAY 2021
Bermuda-based listed financial services company Somers has taken a stake in Aura Group. The strategic minority stake of 15% will allow Aura to collaborate with Somers parent company ICM and leverage a global network of 10 offices and investment specialists ...

Personal, business tax cuts revealed

ANNABELLE DICKSON  |  TUESDAY, 11 MAY 2021
The government has retained the low-and-middle income tax offset (LMITO) for another year and introduced a tax cut for small to medium businesses in the 2021/22 budget in a bid to create more jobs and support business investment. Low-and middle-income ...

Key Treasury initiatives outlined

JAMIE WILLIAMSON  |  TUESDAY, 11 MAY 2021
... would not need to hold an AFSL to operate in Australia, reducing duplicate requirements. It will also develop a means of fast tracking the licensing process for foreign financial service providers who wish to establish more permanent operations in Australia. ...

OPINION: Super for housing was the wrong policy fight

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
... where we were eight years ago, albeit part of the surge may be due to the ERS. If this trend doesn't slow and turn around fast, it won't be long before serious pressure mounts and retirees will only be able to take their superannuation as an income stream. ...

Aged care expenditure to jump 37%

ALEX DUNNIN  |  TUESDAY, 11 MAY 2021
The aged care sector is set for a major boost to address problems raised in the Royal Commission and prepare for the coming wave of aging retirees. Aged care expenditure will increase 7% during 2021-22 to $24.3 billion and by 37% over the next four ...

Pallas hires executive director of lending

KARREN VERGARA  |  FRIDAY, 7 MAY 2021
... thriving property sector in Australia. "The construction market in Sydney, Brisbane and Melbourne continues to grow at a fast rate, and Pallas Capital will continue to support the booming property sector in Australia through our diversified funding strategy. ...

Editor's Choice

Global X awards mandate for ETF business

ELIZA BAVIN
Global X has awarded a new custody and administration mandate for its Australian ETF business.

Bell Asset Management launches small-caps fund

KARREN VERGARA
Bell Asset Management has formally launched its Australian Small Companies Fund, which is run by former Tyndall Asset Management portfolio managers.

Former Australian Ethical finance chief lands new gig

MATTHEW WAI
The former chief financial officer of the ethical investment manager has joined a local finance company after wrapping up his tenure at AUB Group.

MySuper assets pursue $1.5tn Choice sector

KARREN VERGARA
MySuper assets are fast catching up to the $1.5 trillion Choice sector, hitting nearly $1.2 trillion in the March quarter.

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