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Showing 651 - 660 of 4600 results for "RAISE"

Central banks to tighten on all sides: BlackRock

CHLOE WALKER  |  TUESDAY, 1 NOV 2022
All eyes are on the Fed as it's set for another fourth straight 75bp hike, and central banks are taking a "whatever it takes" approach to pushing inflation back down to their targets, according to the BlackRock Investment Institute (BII). The European ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... UNSW economist Nalini Prasad commented: "Inflation remains well above the RBA's target range." "The RBA will need to raise interest rates into the future to reduce inflationary pressures and move the real interest rates into positive territory." ...

Hostplus hands Bell Asset Management $500m mandate

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... launch as Asia Pacific credit strategy. That credit strategy launched with US$1.25 billion in assets, following an inaugural raise that included a $500 million anchor commitment from Apollo's insurance balance sheets and Hostplus.

MLC Life updates retail insurance product range

CASSANDRA BALDINI  |  MONDAY, 31 OCT 2022
MLC Life Insurance has upgraded its insurance product range to strengthen customer protections. Effective today, the Income Replacement Ratios (IRRs) for both Income Assure and Income Assure+ will be raised for customers with higher incomes so they ...

FPSB names new leader

CHLOE WALKER  |  FRIDAY, 28 OCT 2022
... continuing my work with the FPSB team and Network to uphold and promote worldwide professional financial planning standards and raise awareness of the value of financial planning." Meanwhile, FPSB board chair Garry Muriwai said: "The board of directors ...

Nuveen to acquire Arcmont Asset Management

ANDREW MCKEAN  |  FRIDAY, 28 OCT 2022
... complementary capabilities will greatly benefit from a more diversified set of limited partners, enhancing our ability to raise capital - and also accelerating our growth across the entire private debt market." Regarding the transaction structure, the ...

Westlawn Financial Services cops stop orders

CHLOE WALKER  |  MONDAY, 24 OCT 2022
ASIC has placed an interim stop order on the distribution of Westlawn Financial Services' income fund, due to non-compliant target market determinations (TMDs). The interim stop order will restrict the Grafton-based firm from issuing interests in, giving ...

Household Capital partners with Genworth

ANDREW MCKEAN  |  WEDNESDAY, 19 OCT 2022
... taken a 22% stake in home equity retirement funding provider Household Capital, concluding a $37.6 million series C capital raise. Speaking to Financial Standard, Household Capital chief executive Joshua Funder welcomed Genworth as a strategic investment ...

Partners Group expands Australian team

CASSANDRA BALDINI  |  WEDNESDAY, 19 OCT 2022
Partners Group made two new appointments amid changes to global executive board member and director Martin Scott's role. Andrew Kateiva has been hired as head of institutional and managing director client solutions, Australia. He will commence in ...

Fed seeks feedback on rules to resolve large bank failures

ANDREW MCKEAN  |  MONDAY, 17 OCT 2022
The Federal Reserve has invited public comment on an advance notice of proposed rulemaking to enhance regulators' ability to resolve large bank failures. The Fed said recent merger activity and growth has increased the size of large US banking organisations ...