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Showing 651 - 660 of 1736 results for "Minimum"

Wealth firm backs new Perennial fund

KANIKA SOOD  |  THURSDAY, 30 MAY 2019
... will hold 30-45 investments in pre-IPOs, IPOs and unlisted growth capital. There is a five-year lockdown period and the minimum investment size is $100,000. Fees are a 1.5% p.a. management fee plus a performance fee above a 6.5% net p.a. hurdle. Perennial ...

Chief economist update: The power of one

BENJAMIN ONG  |  TUESDAY, 28 MAY 2019
... Crisis in 2008. Not only that, the Australian Prudential Regulations Authority's (APRA) announcement it is ditching its minimum 7% serviceability interest rate banks are required to apply when lending to borrowers (on top of doing away with its restrictions ...

Chief economist update: Like Britney Spears, Financial Standard's done it again

BENJAMIN ONG  |  THURSDAY, 23 MAY 2019
... comes perfectly timed with the Australian Prudential Regulations Authority's (APRA) announcement it is ditching its minimum 7% serviceability interest rate banks are required to apply when lending to borrowers (on top of doing away with its restrictions ...

Credit fund launches to wholesale investors

KARREN VERGARA  |  WEDNESDAY, 22 MAY 2019
... receivable), specialised debtors (commercial), and strata funding and personal lending (consumer). Wholesale investors with a minimum of $100,000 have until June 20 to express interest. The open-ended fund is set to list by the end of 2019. Moelis Australia ...

Property risks dip at Coalition win, APRA easing

KANIKA SOOD  |  WEDNESDAY, 22 MAY 2019
... 2%) while calculating the borrower's ability to service the loan. It is now considering allowing ADIs to set their own minimum interest rate floor (currently 7%) provided it is 2.5% higher than the interest rates, with a four-week consultation period ...

Blue Sky enters receivership

KANIKA SOOD  |  MONDAY, 20 MAY 2019
... Capital Management. As a part of the transaction, Oaktree set up terms or covenants which required Blue Sky to maintain a minimum cash balance, minimum cash recurring EBITDA, minimum net tangible assets and minimum annual capex. These were to be measured ...

Frontier highlights best in show list weaknesses

KARREN VERGARA  |  THURSDAY, 16 MAY 2019
... and qualitative factors such as member services." Carruthers added APRA's new member outcomes legislation will set a minimum standard of delivery, across a range of areas that funds need to provide. "That would give both funds and members certainty ...

FCA begins financial advice market review

KARREN VERGARA  |  WEDNESDAY, 8 MAY 2019
... products. Its first initiative, called the Retail Distribution Review (RDR) took effect in 2012, aiming to raise advisers' minimum qualifications levels, change the disclosure of charges and services to consumers, and ban the use of commissions to pay ...

APRA self-assesses shortcomings

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2019
... standard, it said. APRA received criticisms from stakeholders who pointed out some RSEs failed to set appropriate maximum and minimum tenure periods, while some showed "a lack of regard" for the standard. Implementing the fit and proper standard (SPS ...

Vanguard launches ETF, appoints new lead

KANIKA SOOD  |  WEDNESDAY, 10 APR 2019
... All-Cap Index (with net dividends reinvested) in Aussie dollars before fees, tax and expenses. Vanguard is recommending a minimum investment time frame of seven years. The fee is 0.33% p.a. It has also launched an unlisted fund for the same strategy ...