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Showing 601 - 610 of 6309 results for "cash"

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
The Reserve Bank of Australia (RBA) kept the official cash rate on hold at 4.35% in June but would not rule out another hike in the future. The RBA board noted that inflation had fallen substantially since its peak in 2022 but said recent federal and ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
... institutional investors. TermPlus target rates are calculated as a fixed spread above the Reserve Bank of Australia's (RBA) cash rate. For a one-year term account, that equals RBA cash rate plus 3% net of fees, which currently totals a target rate of ...

Prime FG eyes wealth management business

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
... binding transaction documentation and obtaining necessary shareholder approvals," PFG said. It will fund the acquisition via cash and shares with payments to be made over a three-year period. Meanwhile, PFG entered into a binding agreement to acquire ...

HNWIs wealth reaches unprecedented levels

ANDREW MCKEAN  |  FRIDAY, 7 JUN 2024
... continues, asset allocations are transitioning from wealth preservation to growth. Early 2024 data shows a normalisation of cash holdings to 25% of portfolio totals, a significant decrease from the multi-decade high of 34% in January 2023. The report ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
... trimmed mean inflation in Q2 24 is 0.8-0.9%/qtr. We believe such an outcome would be sufficient for the RBA to leave the cash rate on hold. But a core print stronger than our forecast would test the RBA's resolve to not tighten policy further," Aird ...

ETFs dominate client portfolios: Study

KARREN VERGARA  |  WEDNESDAY, 5 JUN 2024
... US-based financial advisers canvassed by the Journal of Financial Planning and the Financial Planning Association (FPA) said cash and equivalents (76%) were the next most-popular recommendations, followed by managed funds (64%), and direct stocks (51%) ...

Clearway wins distribution mandate

KARREN VERGARA  |  TUESDAY, 4 JUN 2024
... fundamental approach to emerging markets contributes to our ability to find companies with strong balance sheets and superior cash generation capabilities that can effectively address potential funding gaps." Negline added that Matthews' 33-year heritage ...

Ironbark partners with HarbourVest to launch fund

ELIZA BAVIN  |  TUESDAY, 4 JUN 2024
... which provides stability to the new fund, allowing it to maintain a high-quality, diversified portfolio that provides early cash flow to deploy into best-in-class direct co-investment and secondary deals.

Regal Partners acquires Merricks Capital

ELIZA BAVIN  |  MONDAY, 3 JUN 2024
... firms, institutional clients and family offices. The acquisition will cost Regal approximately $235 million, comprised of a cash payment of $40 million, subject to customary net debt, regulatory capital and working capital adjustments, and the issue ...

Brookfield bids for majority stake in Neoen

ANDREW MCKEAN  |  FRIDAY, 31 MAY 2024
... and 43.5% premium over the average price of the past six months. If the deal goes through, Brookfield plans to make an all-cash offer for the remaining shares and convertible bonds of Neoen, aiming to take full control of the company. It is expected ...