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Showing 721 - 730 of 1737 results for "Minimum"

Firetrail to launch $305m IPO

KANIKA SOOD  |  THURSDAY, 13 SEP 2018
... $2.10 per share for 145,000,000 shares, with room to accept $73.5 million in oversubscriptions. The manager has set the minimum subscription for the offer at $73.5 million. The general offer is expected to open on September 24 and will run for about ...

Planning diploma relevant despite FASEA

JAMIE WILLIAMSON  |  MONDAY, 10 SEP 2018
... not be the end of the Diploma of Financial Planning, according to a leading industry education provider. Currently the minimum education requirement for financial advisers, Mentor Education believes the DFP will continue to be the qualification of choice ...

UK adviser competency to be re-evaluated

JAMIE WILLIAMSON  |  THURSDAY, 6 SEP 2018
... when the Retail Distribution Review came into force at the beginning of 2013. Advisers are already required to complete a minimum of 35 hours continuous professional development each year. However, not all UK firms test their advisers' on an annual basis ...

BNP Paribas launches Aussie equities trust

KANIKA SOOD  |  WEDNESDAY, 5 SEP 2018
... extension to our already strong line up of high conviction global equity strategies," he said. Launched today, the trust has a minimum investment size of $25,000. The new trust will be available to Australia and New Zealand investors in an Australian-domiciled ...

LIT serves up junk bonds to SMSFs

KANIKA SOOD  |  MONDAY, 20 AUG 2018
... million. It is targeting a net distribution of 5.25% per annum, paid monthly. The manager said the offer has surpassed its minimum raise of $150 million. The IPO, which opens today, will run until September 7. Junk bonds and SMSFs: an unlikely match? ...

Frequent traders re-evaluate broking landscape

DARREN SNYDER  |  THURSDAY, 16 AUG 2018
... "The improved retention efforts of the big four brokers - CommSec, ANZ, Westpac and nabtrade - has kept switching to a minimum," Guiamatsia said. The number of Australian retail online investors surpassed 700,000 for the first time, up from 645,000 six ...

New fund to invest in "clean disruption" tech

KANIKA SOOD  |  TUESDAY, 14 AUG 2018
... its three funds have hit above 10% in annualised returns. Its latest launch, the AtlasTrend Clean Disruption Fund, has a minimum investment size of $1000 or a monthly investment of $100. The fund's initial shareholdings include wind turbine supplier ...

BNY Mellon partners for new fund, eyes Aussie retail market

KANIKA SOOD  |  FRIDAY, 10 AUG 2018
... Lydotes said. State Street is acting as the fund's administrator. BNY Mellon is expected to seed the fund initially. Minimum initial investment size is $25,000 with subsequent investment minimum of $5000. The partnership with BNY Mellon is the $38 ...

Magellan funds record $331m profit

KANIKA SOOD  |  THURSDAY, 9 AUG 2018
... for 22 months and 19 months respectively, but the group says that it requires a meaningful track record, typically for a minimum of three years. Magellan has also revised its dividend policy, flagging that future dividends will likely be partially franked ...

One measure not enough to revoke MySuper: APRA

HARRISON WORLEY  |  MONDAY, 6 AUG 2018
... capabilities to fulfil their role. The regulator said it "supported the Government's proposed amendments to require a minimum of one-third independent directors and an independent chair on superannuation boards," with the regulator of the belief the ...