CAPITAL RAISING

Funds management

After announcing its second Private to Public Opportunities fund in September, it has now closed fully subscribed, raising $125 million. ...

Financial planning

IOOF has sought a two-day trading halt as part of a capital raise for a potential acquisition. ...

Superannuation

Superannuation funds have received a boost from the Australian Prudential Regulation Authority for continuing to deliver support to corporate capital raisings at the same...

Life/Risk

News reports out of Japan suggest MLC Life’s Japanese parent, Nippon Life, is considering injecting more capital as it moves to staunch losses associated with income prot...

Funds management

Firms in need of emergency capital raising have been granted a four-month extension by the Australian Securities Exchange to 30 November, 2020, as Melbourne goes into a s...

Funds management

April was a record-breaking month, with 37 placements raising a total of $13 billion, according to Zenith Investment Partners. ...

Life/Risk

Resolution Life, the company which is acquiring AMP Life, has gone to the market and raised US$3 billion ahead of closing the AMP deal early next year....

Financial planning

Investors have backed AMP, with the company completing its $650 million capital raising and signalling that it will now embark on its strategy....

Financial planning

AMP Limited has outlined its $1 billion strategy remake entailing fewer, more productive advisers and different approach to buyer of last resort....

Funds management

Infrastructure Partners Investment Fund has announced $100 million capital raising to further invest into unlisted infrastructure....

Funds management

New private equity fund, Federation Asset Management has announced the launch of its next capital raising to support further investments in private equity, renewable ener...

Funds management

Market conditions and changing investor preferences are creating new challenges for hedge fund managers’ capital raising ambitions, EY says....

Funds management

Metrics Credit Partners has announced $303 million capital raising for its Master Income Trust which targets corporate loan market....

Funds management

Managed Accounts Holdings Limited has today begun a national roadshow to support capital raising required for the full acquisition of Linear Financial Holdings....

Funds management

First listed investment trust company from Metrics Credit Partners, MCP Masters Income Trust has opened to investors, and aimed to raise up to $500 million....

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MARKET INSIGHTS

So we are now underwriting criminal scams?...

5 months ago

Glad to see the back of you Steve. You made financial more expensive, not more affordable as you claim, and presided ...

5 months 1 week ago

Completely agree Peter. The definition of 'significant change is circumstances relevant to the scope of the advice' is s...

7 months 1 week ago

The FSCP has issued a written direction to an adviser who charged clients “extraordinary fees” for inappropriate and conflicted advice, as well as encouraged them to swit...

1 week 6 days ago

ASIC has cancelled the AFSL of an advice firm associated with Shield and First Guardian collapses, and permanently banned its responsible manager. ...

3 weeks 2 days ago

ASIC has confirmed the industry funding levy for the 2024–25 financial year, and how much licensees can expect to pay....

3 days 20 hours ago