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Showing 8991 - 9000 of 21783 results for "Dec"

Global investment giant to acquire Investa fund

ALEX BURKE  |  MONDAY, 28 MAY 2018
One of the world's biggest private equity managers submitted an all cash proposal to acquire an ASX-listed Investa fund. Blackstone's indicative and non-binding proposal is to acquire the Investa Office Fund (IOF) at a price of $5.25 per unit ...

Chief economist update: Italy and Spain an emerging ECB problem

BENJAMIN ONG  |  MONDAY, 28 MAY 2018
Geo-politics remain the talk of the financial markets as Trump's rolling circus again came to the fore with his flip-flop-flip over the US-North Korean summit - just a day after Trump cancelled the summit, he declared it back on again. Make what ...

Life insurance data improving: Regulators

HARRISON WORLEY  |  FRIDAY, 25 MAY 2018
Latest life insurance claim data from APRA and ASIC found group and adviser distributed cover to experience higher claim submission rates. The second round of pilot phase data also found more than 90% of life insurance claims that go to decision are ...

Former Macquarie equities team launches boutique

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
Multi-affiliate investment manager Pinnacle Investments officially launched its latest boutique firm with two former Macquarie stock pickers at the helm. Patrick Hodgens, who spent 28 years as Macquarie's head of equities and as an executive director ...

Westpac off the hook in BBSW scandal

KANIKA SOOD  |  FRIDAY, 25 MAY 2018
The Federal Court ruled Westpac's conduct in handling bank bill swap rates was "unconscionable" on four of the 16 occasions that ASIC alleged the bank manipulated the BBSW. While ASIC failed to prove Westpac traders had manipulated the BBSW, the bank ...

AustralianSuper recruiting new property lead

JAMIE WILLIAMSON  |  FRIDAY, 25 MAY 2018
The head of property at Australia's largest superannuation fund has departed. AustralianSuper confirmed Jack McGougan has left the fund, following a decade in the role. McGougan joined the $130 billion fund in 2008, having previously been head of property ...

Chief economist update: Erdogan's Turkey is cooked

BENJAMIN ONG  |  FRIDAY, 25 MAY 2018
I'm all for transparency but some discussions or disagreements are better resolved behind closed doors. Not for the limelight/spotlight-hogging president of the US. Donald Trump didn't take to Twitter this time, he penned an open letter to tell ...

Aussie funds can benefit from FTA with EU: FSC

KANIKA SOOD  |  THURSDAY, 24 MAY 2018
The Financial Services Council supports negotiations between Australia and the Council of the European Union to flesh out a free trade agreement. The FTA will widen the door for Australian funds to access Europe's sophisticated funds management ...

Chief economist update: Fed will go hiking in June

BENJAMIN ONG  |  THURSDAY, 24 MAY 2018
Another rate hike is coming soon! This is the almost unanimous verdict financial markets and the intelligentsia gave after reading the minutes of the US Federal Reserve's 1-2 May FOMC meeting. Can't blame them, it was there all for everybody ...

VOFF asks Medcraft to "face the music"

ALEX BURKE  |  WEDNESDAY, 23 MAY 2018
Victims of Financial Fraud (VOFF) are calling on former ASIC chair Greg Medcraft and deputy chair Peter Kell to answer for alleged mishandling of financial services regulation. VOFF wants Medcraft and Kell to be recalled to the Royal Commission so they ...