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Showing 1061 - 1070 of 12181 results for "May"

AFCA caps Dixon claimants at 2773

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
... after being put into administration - we can see the full potential impact of this matter on our profession and the costs we may need to pay for it, via the CSLR," Abood said. Dixon's parent company E&P Financial Group settled the recent Shine Lawyers-led ...

Markets look to US rate cuts as inflation falls

ELIZA BAVIN  |  FRIDAY, 12 JUL 2024
... that beyond CPI, other economic indicators suck as unemployment rates and consumer spending suggested that the US economy may not need the high-interest rate environment for much longer. "A cooling labour market, as pointed out by Powell, means fewer ...

'Growing revenues, not AUM, is the new name of the game': ISS

ANDREW MCKEAN  |  THURSDAY, 11 JUL 2024
... models, separately managed accounts, direct indexing programs or other private structures," the report said. "Still others may opt to capture value throughout the value chain, as partners with advice providers or as distributors/wealth managers themselves. ...

SSGA launches new gold fund

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... included in a traditional portfolio of equity and fixed income assets." SSGA Asia Pacific gold strategist Robin Tsui said gold may also help investors hedge against inflation. "The price of gold is determined by a complex matrix of global macroeconomic ...

Australia climbs global wealth ranks

ELIZA BAVIN  |  THURSDAY, 11 JUL 2024
... in 2001 remained there in 2022. "On top of this, cost of living pressures and rising property prices mean higher earnings may not afford you the same standard of living and access to wealth as they have in the past," Wood said. "We shouldn't take the ...

Insignia Financial overhauls operating model, executive team

JAMIE WILLIAMSON  |  THURSDAY, 11 JUL 2024
... aware of any offers from private equity firms, nor has it engaged Citi. The article claimed both Brookfield and Bain Capital may be interested in the company.

Inflation pummels adviser pay by 20%

KARREN VERGARA  |  WEDNESDAY, 10 JUL 2024
... experience has been really problematic," FAAA chief executive Sarah Abood said recently. Braithwaite said: "Closing the gap may have negative consequences towards the intent of the Quality Advice Review (QAR), further pushing up the cost of advice and ...

Political risk pushes institutional investors to cash: Report

ELIZA BAVIN  |  WEDNESDAY, 10 JUL 2024
... risk off bias across the month. State Street Global Markets head of macro strategy Michael Metcalfe said while equity markets may have reached new highs, long term investors were getting more cautious. "After the recent moderate improvement in risk appetites ...

New lending for property investors up 30%

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
New housing lending unexpectedly fell in May, declining by 1.7% for the month. Lending to owner-occupiers and to investors both fell in the month but remain well above levels seen this time last year. In fact, new lending to investors has been very ...

Spaceship returns 19.41% to super members

JAMIE WILLIAMSON  |  TUESDAY, 9 JUL 2024
... Galaxy Portfolio or Spaceship Explorer Portfolio as neither has been operational for a full year, having only launched in May. Spaceship chief executive Andrew Moore added: "We are incredibly proud of our performance over the past year. We are equally ...