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Showing 41 - 50 of 30503 results for "investment"

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
Another of the few remaining standalone corporate superannuation funds will close its doors this year. After almost five decades, the Manildra Flour Mills Retirement Fund (MFMRF) has been closed to new members and will be wound up. The fund was established ...

Hejaz awards technology mandate to wealth platform

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
Hejaz has appointed wealth fintech Openmarkets to equip its in-development Shariah-compliant investment platform with trading and execution technology solutions. Openmarkets will support the platform with API-led market infrastructure technology, enabling ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists. The economists pointed out that Australian Bureau of Statistics (ABS) data from ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Lawyers acting on behalf of the embattled Mayfair 101 private equity investment group have applied to the Federal Court to strike out the Australian Securities and Investments Commission's (ASIC) case against the group's managing director James Mawhinney. ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
... Challenger chief executive Richard Howes said the firm had considered an ADI licence for two years and the MyLife MyFinance investment in technology would allow Challenger to scale and streamline its business. "Adding a digital domestic banking capability ...

Forager schedules LIT delisting

KARREN VERGARA  |  MONDAY, 8 APR 2024
... ASX after facing continuous limited liquidity issues and persistently trading below its net asset value. The listed investment trust (LIT) is set to delist on June 14, with trades suspending on June 10. Responsible entity, The Trust Company, said the ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... managing director Raphael Lamm will be the sole managing director. Founders Lamm and Landau also both serve as co-chief investment officers. Landau has been with L1 Capital since May 2007. Before that he was an investment manager at Invesco Australia ...

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... Lowings and Darryl Bruce. The firm has also recruited Sandra Ang from National Australia Bank, where she was a senior Investment relationship manager. The high-profile Gugger brings over 30 years of experience in financial markets across Sydney, Hong ...

Frontier promotes four staff members

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
... having joined Frontier as an associate in 2021 after five years in funds management. He joined Frontier from Intrinsic Investment Management where he was an equity analyst. The consultant works with several Frontier clients but is also a senior member ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... class for US$71.25 million. GQG's Private Capital Solutions will be comprised of Avante Capital Partners, Proterra Investment Partners, and Cordillera Investment Partners.