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Showing 91 - 100 of 2103 results for "This Week"

Perpetual profits dented after KKR deal goes up in smoke

ANDREW MCKEAN  |  THURSDAY, 27 FEB 2025
... strategic review, and the fallout from its dead KKR deal. Notably, Perpetual's board scrapped the KKR deal earlier this week. However, KKR insists that a break fee is still owed and has reserved the right to pursue further damages - a claim Perpetual ...

ASIC clearing and settlements powers to curb ASX monopoly

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... More broadly, ASIC is actively looking at the regulatory settings for our markets and will release a discussion paper this week on the subject. These new rules demonstrate our commitment to acting where we see it is necessary," he said. An ASX spokesperson ...

Super fund investment in US to skyrocket

ELIZA BAVIN  |  MONDAY, 24 FEB 2025
... growth, jobs, and infrastructure." The report comes as super funds, investment managers and banking leaders go to the US this week to showcase the super system and how it is poised to channel hundreds of billions into the US over the next decade. In ...

Economist calls for 35bps rate cut

ELIZA BAVIN  |  MONDAY, 17 FEB 2025
... the economy deserves to be rewarded for its good behaviour with a rate cut ASAP," Bassanese said. "To not cut rates this week would effectively renege on a promise to deliver interest rate relief once there was sufficient progress on lowering inflation ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
Commonwealth Bank of Australia (CBA) delivered another strong half yearly result this week, reporting net profit after tax of $5.14 billion. Yet, despite the continued strong performance, analysts are highly conscious of how overvalued the bank might ...

Partners Group staffer quits to join NYC firm

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... firm's push into Australia attracted much attention given that it is the second US firm to hire staffers in Australia this week. Monroe Capital, the Chicago-headquartered private credit shop, has also expanded its platform to Australia and appointed ...

FAAA 'frustrated' as Dixon inquiry delayed

ELIZA BAVIN  |  THURSDAY, 6 FEB 2025
... Advisory) has been deferred from March 27 to July 28 - pushing back the inquiry by four months. Parliament returned this week, and the Senate approved the deferral of the deadline for the inquiry. The Financial Advice Association Australia's (FAAA) Phil ...

Wilson Asset Management launches Founders Fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
Wilson Asset Management has launched the Founders Fund this week, based on chair Geoff Wilson's view that founder-led companies outperform over the medium to long term. Documents on the new fund, which is backed by founder-led executives, chief executives ...

Iress expands wealth team with multiple new roles

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... to new and existing Xplan customers, which will help them thrive in a growing client landscape," Iress said. Earlier this week, Iress struck a binding agreement to sell its superannuation business to Apex Group, following a strategic review as part of ...

Scarcity Partners enlists former Ophir Asset Management chief

ANDREW MCKEAN  |  WEDNESDAY, 22 JAN 2025
... Ophir - where he served as chief executive for more than five years - last November. Chirakis commenced in the new role this week and will play a "critical role" in expanding the company's fundraising efforts while supporting the growth of its portfolio ...