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Showing 71 - 80 of 30503 results for "investment"

Financial Conduct Authority cracks down on finfluencers, firms

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... an appropriate authorised person are likely engaging in an illegal promotion. Firms that approve the finfluencers' investment-related promotions should ensure they are playing an active role in ensuring the promotion remains compliant, the FCA warned. ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... SMSF was a wholesale client. It also said it only provided general advice and that the trustee was responsible for all investment decisions," Sidoti said. This is on top of the financial adviser relying on wholesale certificates provided by the complainant's ...

HMC Capital acquires asset manager

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
HMC Capital has successfully acquired North American Digital Infrastructure asset manager StratCap in a deal worth $43.7 million. HMC Capital announced its intention to acquire the company in its 1H FY24 results on February 20. The transaction is expected ...

BlackRock's Fink signals a tough road ahead for future retirees

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
In his annual letter to investors, BlackRock chair and chief executive Larry Fink said providing people a secure, well-earned retirement is much more challenging now that it was 30 years ago, and it will be "much harder" in the future. As such, Fink ...

Best super fund products revealed

ANDREW MCKEAN  |  WEDNESDAY, 27 MAR 2024
The best superannuation fund products, based on factors such as investment performance, insurance, fees, and organisational strength, have been named. Rainmaker Information awarded its annual "symbol of excellence" AAA Quality Rating to 48 super funds ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
Platinum Investment Management flags it will lose at least $1.4 billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance ...

IFM Investors adds to global client solutions team

JAMIE WILLIAMSON  |  WEDNESDAY, 27 MAR 2024
IFM Investors is welcoming a head of global consultant relations, leading its investment consultant and outsourced CIO strategy. Claudia Marciano joined the institution in London last week, coming across from Ashmore Group where she held a similar role. ...

Jo Townsend named chief executive of NZ Super

ELIZABETH FRY  |  WEDNESDAY, 27 MAR 2024
... years with the super fund and five years in the top job. As the search continued for a new chief executive, NZ Super investment chief Stephen Gilmore - a former Future Fund executive - was widely tipped as a frontrunner. Guardians chair John Williamson ...

Vanguard lowers management fees

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... "Vanguard is focused on delivering value to investors through lower fees, high quality experience and best-in-class investment management," Jacques said. Vanguard said it had delivered more than 40 fee reductions for Australian investors in the past ...

Bitcoin investing is on the rise, but more regulation is needed

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
... in 2019 to 6% in 2024. In addition, 69% of Australians consider Bitcoin to be either money, a store of value or an investment asset, up from 63% in 2022. According to research from Caleb & Brown - a crypto brokerage and asset management firm - an estimated ...