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Showing 1001 - 1010 of 12181 results for "May"

Funds SA exec jumps ship

ELIZABETH FRY  |  MONDAY, 2 SEP 2024
... to join NZ Super after eight years at the helm of Funds SA. Subsequently investment chief Richard Friend stepped down this May after the same number of years, and asset allocation lead Brendan Hallett left to return to Sydney. Operating chief John Piteo ...

Perpetual chair to leave as $472m loss recorded

JAMIE WILLIAMSON  |  THURSDAY, 29 AUG 2024
... Perpetual also finally told shareholders the estimated cash proceeds from the deal with KKR, after announcing the transaction in May; they're expected to be in the range of $8.38 to $9.82 per share, Perpetual said. "As a group, these three high-quality ...

Australia a 'regional private wealth hotspot': Preqin

ANDREW MCKEAN  |  WEDNESDAY, 28 AUG 2024
... recognition of their managers. This poses a challenge for smaller or newer managers, however," the report said. Therefore, it may be prudent to build a track record in other regions before attempting to raise in APAC, it said.

Longreach hires Channel Capital sales lead, launches advisory firm

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
... business unit dedicated to fundraising and distributing its products. Andrew King, who finished up with Channel Capital in May 2023, popped up at fledgling Longreach Capital Advisors (LCA) in July as a partner. King spent more than eight years at Channel ...

Inflation eases in July

ELIZA BAVIN  |  WEDNESDAY, 28 AUG 2024
... in July." Betashares chief economist David Bassanese said that while the further slowing in annual inflation is welcome, it may not mean an interest rate cut is on the cards. "Today's July CPI report showed a welcome further slowing in annual inflation ...

Economists hit back at RBA guidance

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
The Reserve Bank of Australia (RBA) has indicated that there will not be any short-term cutting of interest rates, but the market is pricing in a cut before the end of the year. RBA governor Michele Bullock pushed back against the market pricing, stating ...

BlackRock launches new bond ETF

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... Australian advisers and investors with targeted exposure to long-end US Treasury bonds. BlackRock said Australian investors may consider ULTB for portfolio diversification, as adding duration can provide defence against potential market volatility and ...

'Opaque asset class' needs regulation: Datt Capital

MATTHEW WAI  |  MONDAY, 26 AUG 2024
... crucial for investors to assess the liquidity profile of their broader portfolios rather than solely pursuing high yields, which may expose them to hidden risks."

Managed funds bounce back after bearish Q1: Calastone

ANDREW MCKEAN  |  WEDNESDAY, 21 AUG 2024
... shedding $2.23 billion in Q1, and while they recouped $720 million in April as investors seized on market dips, outflows in May and June diminished these gains. Equity funds finished the first half of 2024 down $2.19 billion. Separately, mixed asset ...

QIC promotes key private equity staff

ELIZABETH FRY  |  MONDAY, 19 AUG 2024
... the Queensland Venture Capital Development Fund to accelerate, develop and enhance the industry in Queensland. For her part, May Sulaiman has been appointed vice president and is tasked with driving investment origination and execution, focusing on building ...