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Showing 651 - 660 of 6260 results for "Cash"

BlackRock bags Global Infrastructure Partners for US$12.5bn

ANDREW MCKEAN  |  MONDAY, 15 JAN 2024
BlackRock has struck a deal to acquire Global Infrastructure Partners (GIP) for US$12.5 billion in cash and common stock. The transaction will create an infrastructure private markets investment platform with a combined client assets under management ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
An overwhelming majority of experts and economists (89%) expect the Reserve Bank of Australia (RBA) to hold the cash rate in February, according to the latest Finder RBA Cash Rate Survey. The study, which surveyed 19 experts and economists, also found ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... with the SEC approval, Americans can now access a spot Bitcoin ETF legally and compliantly, rather than through futures, cash-settled products, or trading derivatives. Global X senior product and investment strategist David Tuckwell noted that the SEC's ...

SG Hiscock plucks new investment chief from UniSuper

CHLOE WALKER  |  THURSDAY, 11 JAN 2024
... it searches for Hogg's replacement. Colosimo has worked at UniSuper since 2013, managing its fixed-interest, hybrid, and cash portfolios. He is also a senior member of the fixed-income income and macro research team and is involved in UniSuper's asset ...

Infrastructure's diversification benefits timely: Clearbridge

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... the economic cycle, he said, especially considering the prolonged period that typically follows a significant increase in cash rates. "We believe a recession is still a strong possibility and with a higher-than-normal concentration in equity markets ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... revoked. Pagliacco was found to have told prospective clients that his business could invest their funds in Macquarie Bank Cash Management accounts and guarantee them annual returns of 8%. He then was found to have used those clients' funds for personal ...

Mitsubishi UFJ Financial Group to acquire Link Group

KARREN VERGARA  |  MONDAY, 18 DEC 2023
... UFJ Trust & Banking Corporation (The Trust Bank) parties signed the scheme implementation deed today that will pay $2.26 cash for every Link share, which is inclusive of a $0.16 dividend. MUFG is paying a 33% premium based on Link's closing share ...

BT signposts key issues for advisers in 2024

ANDREW MCKEAN  |  THURSDAY, 14 DEC 2023
... this may be attributed to the escalated cost of living, prompting retirees to seek ways to boost their savings of increase cash flow. Another potential reason is this strategy has become accessible to more Australians, with the eligibility age reduced ...

NAB, Jarden to launch NZ wealth business

CHLOE WALKER  |  THURSDAY, 14 DEC 2023
... with Jarden and Harbour Asset Management. According to the proposed transaction, NAB and Jarden Wealth will each receive a cash payment and retain a shareholding of 45% and 20%, respectively. Meantime, Pacific Equity Partners (PEP) will acquire a 35% ...

Government reports improved fiscal outlook

ANDREW MCKEAN  |  WEDNESDAY, 13 DEC 2023
... government has identified $49.6 billion in savings, leading to a cumulative improvement of $211.4 billion in the underlying cash balance over the next five years. Minister for finance Katy Gallagher noted the government's fiscal strategy, which has ...