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Showing 1011 - 1020 of 12181 results for "May"

Losses further sink Lendlease

KARREN VERGARA  |  MONDAY, 19 AUG 2024
... recycling $2.8 billion of capital in FY25, with further cost savings realised because of our simplified management structure." In May, Lendlease announced it will abandon its global international construction operations as part of a broader restructure ...

ASIC project foils scammers' operations

MATTHEW WAI  |  MONDAY, 19 AUG 2024
... they adaptively land into consumers' savings. "The scams landscape is rapidly evolving. Innovative technology developments may improve how we live and work, however they also provide new opportunities for scammers to exploit," Court said. "Scammers will ...

Principal AM hires from BlackRock

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
... commitment to bringing the global strength of Principal Asset Management to serve the evolving needs of Australian investors." In May 2024, Principal Asset Management introduced the Finisterre Emerging Markets Debt Total Return Strategy to Australian ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... levels of interest and activity from companies considering a listing. We expect that the more stable macroeconomic conditions may be supportive of an increase in listings activity, although ongoing geopolitical instability may impact sentiment." The ...

SEC seeks to shut down $450m Ponzi scheme

JAMIE WILLIAMSON  |  THURSDAY, 15 AUG 2024
... alleged the scheme was operational from 2020 to at least June of this year, luring investors from at least 48 US states. As of May 2024, the scheme was receiving investment applications for more than $1.5 million each day, "driven by an organisation ...

Local private debt funds' growth potential 'remains strong': Preqin

ANDREW MCKEAN  |  THURSDAY, 15 AUG 2024
... $7.8 billion in 2022 to $5 billion in 2023, a third of the $15.1 billion raised in 2021. "Part of the reason for this decline may stem from investor caution regarding the relative nascency of APAC private debt managers compared with their more established ...

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... driving force in the increasing privatisation of our markets - which, as we saw through ASIC's recent market cleanliness work, may have implications for transparency and market integrity," Constant said. "You have many obligations - but your most important ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
... New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason of the cut. RBNZ aims to contain ...

Independent MPs call for super reforms

ELIZA BAVIN  |  WEDNESDAY, 14 AUG 2024
... dangerous precedent within our taxation system. The taxation of unrealised capital gains means people will be taxed on money they may never see," Tink said. "This is deeply problematic and must be addressed. The lack of indexation on the large balance ...

Janus Henderson to buy private credit manager Victory Park Capital

ANDREW MCKEAN  |  TUESDAY, 13 AUG 2024
... business going forward," he said. Separately, this expansion of Janus Henderson's private credit capabilities follows its May announcement of its acquisition of the National Bank of Kuwait's emerging markets private investments team.