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Showing 841 - 850 of 6260 results for "Cash"

RBA verdict on knife edge: Economists split

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... today's Reserve Bank of Australia (RBA) meeting, economists are sharply divided on the outcome. Last month, the RBA held the cash rate steady at 3.6%. However, leading economists cautioned Australians not to discount the possibility of further rate hikes ...

MLC Life appoints chief investment officer

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... his career with Nippon Life in 1995 and has held several senior roles within the company, including chief manager of the cash management department, and deputy general manager of investment risk management. MLC Life chief executive Kent Griffin said ...

ASX red alert: Soaring negative cash flows raise concerns

ANDREW MCKEAN  |  MONDAY, 1 MAY 2023
Research by Plato Investment Management found 28% of ASX-listed companies have negative cash flow - more than any nation in the MSCI World index. Plato's head of long short strategies David Allen warned of the prevalence of negative operating cash ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
... must have both sets of skills, which can be hard to achieve," Worn said. Startups are renowned for burning through piles of cash and the inability to make profit or at least break even in the first few years. The top reasons why US startups fail, CB ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... choices in front of them and the subsequent impacts to their wellbeing, health, and wealth," he said. Lumiant secured several cash injections year to date. Last June, Savant Wealth Management injected $3 million to help with expansion plans and in September ...

Aware retires VicSuper brand, expands investment menu

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
... a growth/defensive split of 88%/12%. This option invests solely in liquid asset classes such as shares, fixed income, and cash. Similarly, the diversified Balanced Indexed Option is a passively managed, low-cost option with a growth/defensive split of ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... deposits, Miller attributed this to the desire for safety and the recent increases in the Reserve Bank of Australia's (RBA) cash rate. He explained that investors now feel they're getting some income return from term deposits, even if these returns ...

Perpetual progresses Pendal integration

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... $40 billion of which was acquired through the Pendal transaction. Net inflows of $0.5 billion were split across Pendal's cash strategies and global equities strategies but were offset by outflows from Aussie equities and fixed income of $0.7 billion. ...

US platform bids for Yieldbroker

JAMIE WILLIAMSON  |  THURSDAY, 27 APR 2023
... counterpart over a potential sale. New York-based Tradeweb Markets is in advanced discussions to by Yieldbroker under an all-cash deal valued at $125 million. The ASX, as a significant shareholder, would see about $55 million of this after costs. In ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
... Bank of Australia (RBA) target (2-3%), he believes that the rate hiking cycle has likely come to an end, as alluded to in cash rate futures. "This now looks nailed on to be a meeting where the cash rate remains unchanged," Evans said. However, VanEck ...