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Showing 1091 - 1100 of 12181 results for "May"

Telstra flags ditching venture capital arm

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... Telstra on a commercial basis to generate more revenue for our portfolio companies. It's business as usual," he said. In May, Telstra chief executive Vicki Brady announced the group will make up to 2800 jobs redundant with the majority to be slashed ...

Real estate fund manager chief executive departs

KARREN VERGARA  |  TUESDAY, 25 JUN 2024
... Parisi joined the group in March 2020 as a fund manager and was promoted to chief operating officer eight months later. On 1 May 2022, he replaced Mark Avery, who was managing director and went on to become a non-independent director. Before Eildon ...

Prime Financial Group adds to c-suite with new role

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... in FY22 to $50 million by FY25, then doubling that figure again to $100 million. Lake was appointed chief growth officer in May this year and is responsible for pursuing new business opportunities and developing and delivering the group's strategy. Lake ...

Financial advice profession 'lacks consistent protocols'

ELIZA BAVIN  |  TUESDAY, 25 JUN 2024
... attention and action. "Financial abuse is often challenging to identify, making it a difficult issue to address. Some victims may not even realise they are being abused, especially if the abuse is subtle or if it occurs within families," she said. "We ...

Long-term optimism for APAC despite short-term hurdles

ANDREW MCKEAN  |  TUESDAY, 25 JUN 2024
The short-term outlook for APAC may appear cautious but long-term investors will remain attracted to the fundamental growth potential of the region's emerging markets, according to an Alternatives in APAC 2024 report from Preqin. Preqin analysts maintained ...

Systematic investing in fixed income: Critical success factors

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2024
... conditions are always changing, and factor efficacy varies from market to market and over time. For instance, carry (yield) may be a strong factor in investment-grade bond markets but not in high yield, where default risk is a more important performance ...

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
The US share market made a comeback in May after a decline in April following moderating inflation data and weak consumer spending offered investors some optimism that interest rate cuts may be around the corner. Trading data from Selfwealth found Nvidia ...

Court freezes assets of Keystone AM managed fund

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... units of the fund. ASIC said it made the interim orders to protect retail investors from acquiring products under PDSs that may be defective and not worded and presented in a clear, concise, and effective manner. Following the interim stop orders made ...

ASIC calls out licensees: 'We will take action'

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
... for almost three years - but the proportion of licensees that have submitted a report is very low, which suggests some still may not be complying with their obligations," Kirkland said. "There has been little improvement on this since our first report ...

Trustee boards fail to challenge unlisted valuations: APRA

JAMIE WILLIAMSON  |  THURSDAY, 20 JUN 2024
... cyclical internal audit plans. "Inappropriate asset valuations, especially during periods of heightened market volatility, may materially impact prices applied to member transactions, member equity and reported investment returns," the regulator said. ...