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Showing 801 - 810 of 8317 results for "Retail"

Issuers must lift DDO game: ASIC

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
... ASIC has placed interim stop orders on 26 investment products from 18 issuers which totals $6.6 billion in funds backed by retail investors. These actions resulted in 12 issuers amending 18 target market determinations (TMD) to address the deficiencies ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... chief investment officer Sally Auld pointed out that Silicon Valley Bank had a highly concentrated deposit base, with few retail investors and numerous business deposits originating from the same industry (technology) and region (US West Coast). As the ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... distributing CVC Notes 2 because of deficiencies with its Target Market Determination (TMD). ASIC said the move was "to protect retail investors from potentially acquiring an investment product that may not be suitable for their financial objectives ...

Modern slavery on the rise a decade on from Rana Plaza

RACHEL ALEMBAKIS  |  FRIDAY, 21 APR 2023
... multi-stakeholder-driven accords were created - the legally binding Bangladesh Accord on Fire and Building Safety (the Accord), the retail-driven Alliance on Bangladesh Worker Safety (the Alliance) and the complementing Better Work Programme. "The Bangladesh ...

Challenger reports strong retail annuity sales

ANDREW MCKEAN  |  THURSDAY, 20 APR 2023
In an ASX announcement, Challenger reported a significant uptick in retail annuity sales in quarter three. Challenger's total Life sales were $2 billion, reflecting strong retail and Japanese sales. However, institutional sales ($1 billion) fell ...

MA Financial buys marinas, launches fund

CHLOE WALKER  |  THURSDAY, 20 APR 2023
... the marina portfolio is a natural fit for the firm which already has significant investment and operational capability in retail, hospitality, and other alternative real estate assets. "We are excited to enter the marina sector and welcome this alternate ...

Soul Patts gives $200m to Pengana offering

CHLOE WALKER  |  WEDNESDAY, 19 APR 2023
... the coming months. Each vehicle will be specifically tailored to different market segments, including advised and direct retail investors, high-net-worth (HNW) and family offices, it said. Pengana chief executive Russel Pillemer said that while opportunities ...

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... scores. Revolution's real estate lending strategy involves financing stable and established properties in the office, retail, and industrial sectors, supported by high-quality tenant cashflow. This cashflow is assessed for debt serviceability and ...

AIA launches retail rewards program

KARREN VERGARA  |  TUESDAY, 18 APR 2023
AIA Australia has launched an incentive program for new retail clients in a bid to encourage healthy behaviours. The insurer offers Healthier Life Reward to new customers who are non-smokers with a body mass index between 18-26 and have no medical loading. ...

Brighter Super forges ahead with SFT

KARREN VERGARA  |  MONDAY, 17 APR 2023
... lower fees and the greater investment opportunities that will be delivered by combining the funds," Farrar said. "Merging a retail fund into a not-for-profit fund has not been done before in Australia. It does add extra complexity to harmonise products ...