Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 771 - 780 of 6259 results for "Cash"

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... he said. Further highlights from the June period included a $799.6 million liquidity position, including $207.7 million of cash and $560 million of undrawn capacity on the corporate revolving credit agreement. It funded $177.2 million for loans closed ...

Advisers service 120 clients on average

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
The decreasing pool of financial advisers saw the average number of advised clients rise by 6% to 120 from 113 one year ago, according to Investment Trends. As a result, advisers are increasingly seeking greater efficiencies in technology, the 2023 ...

Spaceship secures $6m, plans new offering

JAMIE WILLIAMSON  |  MONDAY, 24 JUL 2023
... in business and planning the launch of a new investment service, buoyed by an additional $6 million in funding. The extra cash comes from its two major shareholders, Mike Cannon-Brookes' family office Grok Ventures and Horizons Ventures, the private ...

Insignia offloads investment bonds unit

KARREN VERGARA  |  MONDAY, 24 JUL 2023
... business, which operates under IOOF Ltd, valued at $1.1 billion. The total consideration of $40 million comprises $36 million in cash paid upon completion, and a contingent amount of up to $4 million payable 12 months after completion, which is subject ...

ASIC lifts ClearView interim stop order

KARREN VERGARA  |  FRIDAY, 21 JUL 2023
... are employed or self-employed for less than 20 hours per week; do not meet underwriting requirements and have sufficient cash or liquid assets which are likely to cover their financial commitments. Additionally, the products are not suitable for those ...

GAM investors make partial offer

JAMIE WILLIAMSON  |  THURSDAY, 20 JUL 2023
... wealth manager Bruellan - which together own 9.6% of GAM - have lobbied a proposal to acquire up to 28 million GAM shares in cash at CHF0.55 per share. This represents a 31.9% premium to GAM's closing price on July 17, and of 29.1% when considering Liontrust's ...

Further tightening of monetary policy may be required: RBA

CASSANDRA BALDINI  |  TUESDAY, 18 JUL 2023
The Reserve Bank of Australia (RBA) said the decision to maintain the cash rate at 4.1% was finely balanced with a consideration to hike another 25 basis points. In the July 4 minutes, released this morning, the RBA explained inflation in Australia ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
... proposed the group be independently chaired and "advise on significant strategic clearing and settlement issues relating to cash equities trading in Australian markets with a focus on CHESS replacement." The roundtable is expected to be hosted in August ...

European pension fund hands MaxCap $200m

CASSANDRA BALDINI  |  THURSDAY, 13 JUL 2023
... First Mortgage and High Yield mortgage products target net returns of 5% and 8% above the Reserve Bank of Australia (RBA) cash rate, MaxCap said.

Australian ETF industry crosses $150bn milestone

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... income has been the most popular asset class with investors, receiving $2.5 billion in net inflows. Australian equities and cash round out the top three exposures with $1.6 billion and $688 million in net inflows this year respectively. Also, despite ...