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Showing 611 - 620 of 1896 results for "Raising"

Firetrail calls off $305m IPO

KANIKA SOOD  |  WEDNESDAY, 17 OCT 2018
The former Macquarie stock pickers have hit the brakes on a LIC based on their absolute return strategy after a few investors lapped up most of the raise. Firetrail Investments had raised "well over" $100 million when management and board decided the ...

Property manager acquires $645m portfolio

KANIKA SOOD  |  WEDNESDAY, 10 OCT 2018
... This is their third direct asset partnership together. Centuria is funding the acquisition through a $100 million equity raising. It will also undertake a bond issuance of $75 million. Centuria Group chief executive John McBain said after the raise ...

Chief economist update: That other Fed policy towards normalcy

BENJAMIN ONG  |  THURSDAY, 4 OCT 2018
... dictates that strong growth will ultimately lead to higher inflation. Ergo, the Fed would need to be more aggressive in raising the fed funds rate. At the conclusion of its September FOMC meeting, the Fed's dot plots indicated another three more ...

Pinnacle launches new affiliate

KARREN VERGARA  |  FRIDAY, 28 SEP 2018
... boutique model and the benefit of alignment." Firetrail Investments recently launched an IPO under Pinnacle's banner, raising up to $304.5 million. Pinnacle recently acquired a 40% equity stake in a Melbourne boutique Omega Global Investors founded ...

Three down one to go, then another three in 2019

BENJAMIN ONG  |  THURSDAY, 27 SEP 2018
... from the projections the Fed made in June and at the same time implying that the neutral rate is 3.5% (when they stop raising interest rates). This is backed up by its economic projections that show GDP growth slowing from 3.1% this year to 2.5% next ...

FASEA busts dishonest education providers

JAMIE WILLIAMSON  |  FRIDAY, 14 SEP 2018
... year. Separately, the Financial Planning Association of Australia has renewed its calls for a more pragmatic approach to raising financial adviser education standards. In final recommendations to FASEA, the FPA has again called for all degrees and all ...

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... launched by former Macquarie stock pickers under Pinnacle's banner in May is set to kick off an initial public offer, raising up to $304.5 million for an absolute return LIC. Firetrail Investments lodged a prospectus with ASIC on Tuesday for its ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... challenges to their Australian counterparts, with the Financial Conduct Authority introducing a new assessment aimed at raising standards and competence. The FCA has partnered with the Chartered Insurance Institute to develop a 'Regulated Retail Investment ...

Philanthropic forces shift asset allocation

DARREN SNYDER  |  THURSDAY, 6 SEP 2018
... JBWere study earlier this year, McLeod said philanthropy accounts for 75% of funding towards international aid. And despite raising a lot of money, philanthropy is 3% of universities' income mix. The firm's view is that volunteering peaked a few years ...

Integrity Life expands senior team

KARREN VERGARA  |  TUESDAY, 4 SEP 2018
... Life acquired a 14.9% stake in Integrity Life. Integrity Life launched in early 2018 offering group risk products after raising $165 million of capital and acquiring QBE Life for $21.7 million. The deal saw Integrity Life underwriting the life insurance ...