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Showing 861 - 870 of 4604 results for "RAISE"

BT Panorama down for a week

ELIZABETH MCARTHUR  |  MONDAY, 9 AUG 2021
BT's $169 billion platform, the largest in the country, was down all last week - leaving advisers frustrated and clients unable to move money. Disruption to BT Panorama started on Monday August 2 and full service was not restored until Sunday August ...

Contango appoints two distribution leads

KARREN VERGARA  |  THURSDAY, 5 AUG 2021
Contango Asset Management is expanding its distribution capabilities in appointing a new lead and head of retail. Andrew Aitken and Cameron Fitter have joined the ASX-listed fund manager, as first reported by sister publication Industry Moves. Aitken ...

Australia's first Filecoin fund launches

ELIZABETH MCARTHUR  |  WEDNESDAY, 4 AUG 2021
... Holon Wholesale Filecoin Fund, allowing investors exposure to a different kind of digital asset. The fund is seeking to raise $25 million over three months and will not charge a management fee. Filecoin was developed by Protocol Labs and is the world's ...

GigSuper eyes $1.5m raise

KANIKA SOOD  |  FRIDAY, 30 JUL 2021
The superannuation startup geared at self-employed workers is looking to raise $1.5 million, as it sets it sights on 60,000 members in five years. GigSuper this week opened a crowd-funded raise for $1.5 million based on pre-money valuation of $8.1 million. ...

AFCA weeds out phony complaints

ELIZABETH MCARTHUR  |  FRIDAY, 30 JUL 2021
... appeared to have suffered a loss or the financial firm had not made an error, we wrote to the member and to the consumer to raise our concerns," Untersteiner said of AFCA's new way of doing things. "If our investigation told us that the complainant had ...

Superhero launches super offering

ELIZABETH MCARTHUR  |  WEDNESDAY, 28 JUL 2021
... super product since it first started in the Australian market three years ago. Superhero's June $25 million capital raise saw institutional investors, Perennial Investment Management, Regal Funds Management and Thorney Investment Group, take up a ...

Economic recap: Week to July 23

BENJAMIN ONG  |  MONDAY, 26 JUL 2021
... guidance. In line with its new monetary policy strategy - symmetric 2% inflation target - the ECB wouldn't be in a rush raise interest rates as soon as inflation reach two percent The ECB's latest move is in line with its objective of "anchoring ...

Victorian government agency hunts for fund manager

KANIKA SOOD  |  FRIDAY, 23 JUL 2021
... implementing the investment strategy, managing due diligence, and reporting on investment performance. They will also have to raise $60 million from the private sector to top up the government's $60 million contribution. The Victorian government said ...

CSLR raises concern among advisers

KARREN VERGARA  |  FRIDAY, 23 JUL 2021
The Association of Financial Advisers (AFA) has raised concerns about the cost of the government's proposed Compensation Scheme of Last Resort and the fact that super funds and managed investment schemes are excluded from the proposed regulation. ...

Advisers overlook home equity release strategies

KARREN VERGARA  |  THURSDAY, 22 JUL 2021
Financial advisers are shunning home equity release or reverse mortgage strategies that could potentially benefit retiree clients, according to new research. Regtech Fourth Line and retiree financial services provider Pension Boost looked at the Statement ...