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Showing 61 - 70 of 161 results for "MIRA"

Mirae drops fees on Asian equities funds

KANIKA SOOD  |  FRIDAY, 3 JUL 2020
Mirae Asset Global Investments has sliced the fees on two Asian equities funds by 20bps each. Mirae Asset Asia Great Consumer Equity Fund and Mirae Asset Asia Sector Leader Equity Fund will go from charging 75bps each in management fee from 95bps, while ...

The domino effect: Oil falls, markets follow

ALLY SELBY  |  TUESDAY, 21 APR 2020
Despite all the jaw dropping falls that investors have endured during the COVID-19 crisis, the US oil price crash overnight may just be the worst. The price of West Texas Intermediate crude oil for May plunged more than 190% during trade on Monday ...

Macquarie shares halve in COVID-19 sell-off

ALLY SELBY  |  FRIDAY, 20 MAR 2020
... raise capital." Macquarie's real assets business could also be badly hit in the current environment, Conway argued. "The MIRA business (infrastructure and real assets) which accounts for 75% of Macquarie's revenue is funded by cheap debt but ...

Mirae appoints wholesale distribution lead

KANIKA SOOD  |  THURSDAY, 19 MAR 2020
Mirae Asset Management has hired from Russell Investments to appoint a lead for its wholesale distribution in Australia. Tim Reimers has joined in the Sydney-based role and will work with financial advisers, as Mirae does a hard launch of its strategies ...

Citi to expand local securities team

HARRISON WORLEY  |  MONDAY, 16 MAR 2020
Global financial services giant Citi Group is planning to boost the presence of its Sydney-based securities services team, as it onboards a suite of new custody clients. Citi is expecting to build out its Sydney footprint after it finalised a client ...

Citi appoints head of investment partnerships

KANIKA SOOD  |  WEDNESDAY, 26 FEB 2020
Citi Australia has hired from Westpac to appoint a new head of investment partnerships, tasked with promoting its wealth management business. Keith Miranda was most recently Westpac's head of strategic initiatives, digital and marketing. Prior to this ...

Macquarie expected to fall short of 2019 performance

HARRISON WORLEY  |  TUESDAY, 11 FEB 2020
... with assets under management jumping by 5% from the end of September to 31 December. Its infrastructure and real assets arm, MIRA, also grew, recording a 2% jump to finish the quarter at $137.5 billion in equity under management. Meanwhile, Macquarie ...

First State Super acquires rental properties

ALLY SELBY  |  THURSDAY, 30 JAN 2020
First State Super has acquired 55 rental units six kilometres from Melbourne's CBD in a bid to improve housing affordability for nurses, police and firefighters. The rental properties will be offered to healthcare, aged care, disability services ...

Infrastructure boutique hires former Hastings director

KANIKA SOOD  |  WEDNESDAY, 29 JAN 2020
... TIF until 2017-2018 when Rooyen's old employer Gardior booted it as the manager after a unitholder vote and appointed MIRA. IPIF's Core fund has raised $195 million so far and has exposure to about 32 unlisted assets. It is currently raising ...

Chief economist update: Bushfires singe growth, surplus predictions

BENJAMIN ONG  |  WEDNESDAY, 15 JAN 2020
In between coughs on this smokey, hazy summer's day in Melbourne - yes, the bushfires are still raging and I can smell and taste the smoke as I write - two headlines caught my attention this morning. The first one is from Reuters (14 January 2020) ...