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Showing 1051 - 1060 of 19564 results for "Ban"

Arrowpoint launches new fund

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
Arrowpoint Capital has launched a new private debt fund targeting high-net-worth investors, super funds and SMSFs. It said the decision to launch the fund came from increased demand for capital from businesses outstripping supply. "The supply of capital ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
Wheelhouse Investment Partners is closing its doors, having decided it's no longer financially sustainable to continue operating its funds. Wheelhouse Investment Partners was founded in May 2017 as a specialist income manager by Alastair MacLeod ...

Muzinich & Co. partners to launch infrastructure debt strategy

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
Muzinich & Co. has announced its partnership with Hong Kong-based Orion3 Group to launch an Infrastructure and Real Assets Private Debt Strategy, with an initial focus on Australian opportunities. Orion3 is an investment platform formed with CK Asset ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
Portfolio managers for the Wilson Asset Management (WAM) Leaders Fund, Matthew Haupt and John Ayoub, admitted they "got the call wrong" when they took a 4% stake in embattled Star Casino just last year. Now WAM is pushing for the casino operator to ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
The US Federal Reserve is widely tipped to fire the starting gun on its first rate cutting cycle in years; here's what top economists see unfolding. AMP deputy chief economist Diana Mousina said some people believe the Fed is behind the curve and that ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
The Finance Sector Union (FSU) is urging the financial services industry to adopt paid menopause leave policies as it finds more than one third of workers experiencing symptoms are likely to retire early as a result. In October 2023, the FSU launched ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
Treasury has released the Scams Prevention Framework for consultation with harsh penalties proposed for financial services firms that don't do enough to prevent scams. The government is planning to introduce mandatory codes that would requires financial ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
ASIC is updating the default rate of nominal wage inflation in its relief instrument, which will affect those who provide superannuation forecasts. The default rate of nominal wage inflation will decrease from 4% p.a. to 3.7% p.a. in ASIC (Superannuation ...

Dimensional hires institutional sales lead

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
Global wealth firm Dimensional Fund Advisors has appointed a new institutional sales lead. Gemma Bjarnason's appointment raises the local distribution team to six. Bjarnason is tasked with further developing the institutional business and working ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...