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Showing 661 - 670 of 2671 results for "Purchase"

COVID-19 creates case for robo-advice

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
After ASIC issued a stark warning to people using retail broking services to try their hand at day trading, robo-advice services and financial advisers say this is why financial support needs to be accessible. ASIC observed an average of 4675 new identifiers ...

A challenge in a Class of its own

ELIZABETH MCARTHUR  |  THURSDAY, 7 MAY 2020
SMSF platform Class found itself in a fairly unique predicament recently after acquiring a business in another state only for the borders to be closed as a result of the COVID-19 pandemic. Class, which is based in Sydney, purchased NowInfinity, based ...

Court to decide OneVue claim over Sargon sale

KANIKA SOOD  |  WEDNESDAY, 6 MAY 2020
... Holdings LLC are joined by Vista Credit Partners (who is also providing the financing) as joint equity investors in the purchase. APRA and Foreign Investments Review Board (FIRB) have given the green light to the three entities to take over Diversa ...

Charter Hall kicks off $115m raise

ALLY SELBY  |  MONDAY, 4 MAY 2020
... CQE) will undertake a fully underwritten institutional placement to raise $100 million, as well as a $15 million unit purchase plan for Australian and New Zealand shareholders. The institutional placement will be fully underwritten by JP Morgan Securities ...

Janus Henderson hit by COVID-19

ELIZA BAVIN  |  FRIDAY, 1 MAY 2020
Janus Henderson assets under management fell 21% compared to the prior quarter, citing the impact of COVID-19. The company said first quarter operating income was US$332.4 million compared to US$154.3 million in the prior quarter. It also noted goodwill ...

Future Fund not buying the oil dip

KANIKA SOOD  |  THURSDAY, 30 APR 2020
... government to stockpile 75 million barrels. The Australian government followed later in the week, announcing a $94 million purchase of oil to be stored in US initially. However, Australian institutional investors have traditionally shied from holding ...

Former Spectrum Wealth, NAB advisers banned

ELIZA BAVIN  |  THURSDAY, 30 APR 2020
... circumstances or investigate whether the SMSF would achieve her clients' financial objectives beyond their desire to purchase property. Additionally, the regulator said she failed to reasonably inform her clients of all associated costs of holding a ...

Australians hate complexity, not annuities: Research

ELIZABETH MCARTHUR  |  WEDNESDAY, 29 APR 2020
... about annuities, most of them said they thought customers don't like them or understand them, leading them to not purchase." The new research indicates that is only partially true. Consumers do struggle to understand annuities. The researchers found ...

BlackRock turns optimistic on credit

KANIKA SOOD  |  TUESDAY, 28 APR 2020
Central bank action including buying corporate bonds combined with cheapened valuation has led BlackRock Investment Institute to upgrade credit to a modest overweight. BlackRock's latest six to 12 month tactical views on major global asset classes (in ...

Chief economist update: BOJ expands Enhancement of Monetary Easing

BENJAMIN ONG  |  TUESDAY, 28 APR 2020
The Bank of Japan (BOJ) added another monetary policy term to our vocabulary at its March 2020 meeting - Enhancement of Monetary Easing - as it tries to limit the economic fallout from the coronavirus. It had the same label for its expanded policy initiative ...