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| | | ... investors sought to take a more defensive stance, Betashares said. Betashares investment strategist Tom Wickenden said the short-term impacts were obviously visible, but investors should consider longer-term implications as he alluded to Russia's ... |
| | | | ... closed-ended structure, once launched, the manager is no longer involved in facilitating applications or redemptions; in short, LITs are liquid and cannot be gated. "A positive of these structures is that, in poor market conditions, managers are not ... |
| | | | ... capability." Peters will receive fixed remuneration of $350,000 per annum (inclusive of superannuation), alongside some adjusted short-term and long-term incentive arrangements. Moving forward, WTL continues to see a significant pipeline of consolidation ... |
| | | | ... diversification." However, Scarpato notes that it won't take much for sentiments to turn sour considering how myopic and short-term the market has become. "It won't take much and it's amazing how that capital can flow really quickly," he says. He says ... |
| | | | Coinbase Australia, a subsidiary of Coinbase Global, has been granted an Australian financial services licence (AFSL), as the crypto exchange looks to expand into traditional financial products leveraging digital asset infrastructure. Shortly after ... |
| | | | Treasury has opened its long-awaited consultation on the sustainability of the Compensation Scheme of Last Resort (CSLR) and the best way for the industry to fund it. Minister for financial services Daniel Mulino is seeking options on how the CSLR can ... |
| | | | ... Blakey said it was natural to feel concerned during periods of market uncertainty, however making snap decisions based on short-term market fluctuations could harm retirement outcomes in the long run. "We understand news of the conflict in Iran and the ... |
| | | | ... profession since 2019". In the submission, Abood said the number of financial advisers and paraplanners continues to fall well short of demand at a time when Australians are increasingly seeking financial advice to improve household financial wellbeing ... |
| | | | UniSuper head of fixed interest David Colosimo said that while a global recession is not assured, it remains a real possibility given the size of Middle East conflict. "The market is now priced for a meaningful hit to growth and weaker earnings, but ... |
| | | | ... Property thanked Pozzo for his tenure. "Adrian's impact on Cbus Property and the wider property industry is nothing short of profound. Under his leadership, the business has grown from a $0.5 billion portfolio to $7.8 billion, with a further $3.4 ... |
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