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Showing 1111 - 1120 of 7148 results for "SMA"

Negative wholesale funds market growth continues

ANDREW MCKEAN  |  WEDNESDAY, 8 FEB 2023
Australia's $1.6 trillion wholesale funds market has experienced negative growth, contracting 2.6% in annual terms. According to Rainmaker Information's latest Wholesale Advantage report, wholesale funds have had three consecutive quarters of negative ...

The self-funded retiree is a misnomer: Institute

JAMIE WILLIAMSON  |  MONDAY, 6 FEB 2023
New research from The Australia Institute shows the cost to the federal budget of tax concessions is almost on par with the total cost of the Age Pension, with the think tank declaring the 'self-funded retiree' a misnomer. According to the insights ...

Government acts to regulate crypto assets

ANDREW MCKEAN  |  MONDAY, 6 FEB 2023
Crypto asset licensing and custody reforms by the government are targeting subsets outside the financial services framework. In a joint statement, treasurer Jim Chalmers and assistant treasurer and minister for financial services Stephen Jones said ...

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
The US Federal Reserve has increased its benchmark interest rate by 25 basis points, the smallest move since March last year. The quarter-point increase shifted rates to 4.75% from 4.5%. In making the announcement the Fed signaled more rate rises could ...

CPA calls for regulatory reforms for NFPs, charities

CHLOE WALKER  |  WEDNESDAY, 1 FEB 2023
In its latest pre-budget submission, CPA Australia has asked for the government to assist not-for-profits (NFPs) in building out their capabilities. To do so, the professional accounting body has suggested incentivizing small business and NFPs to access ...

Private debt a silver lining of market volatility: QIC

ANDREW MCKEAN  |  TUESDAY, 31 JAN 2023
Private debt investors can currently find more attractive medium-term returns with improved transaction structures, according to a QIC report. QIC's Multi-Sector Private Debt Market Opportunity report said there's opportunity for investors in private ...

Family office invests $200m with Regal

JAMIE WILLIAMSON  |  MONDAY, 30 JAN 2023
An Australian family office is investing $200 million in the Regal Private Credit Opportunities Fund, with the potential for a further $100 million down the line. Regal said the mandate, from a "prominent" family office, has significantly accelerated ...

AMP warns $68m impairment expected

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
AMP said impairment charges totaling a cool $68 million post-tax will see its 2022 statutory profits take a hit. The financial services giant expects the impairments, which amount to $94 million pre-tax, to be recognised in its FY22 results. The charges ...

Consultation opens on NALI amendments

CASSANDRA BALDINI  |  TUESDAY, 24 JAN 2023
The government has released a consultation paper outlining possible amendments to the non-arm's length income (NALI) provisions relating to superannuation funds. It explained a potential change to self-managed superannuation funds and small APRA-regulated ...

Dimensional names new chief executive

ELIZABETH FRY  |  MONDAY, 23 JAN 2023
Bhanu Singh has taken over from Glenn Crane as Dimensional Fund Advisors chief executive as part of a long-planned generational change in leadership. Singh, a long-time senior investment professional at the systematic investor, will remain head of Asia ...