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Showing 1151 - 1160 of 14210 results for "Interest"

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
Global X ETFs Australia chief executive Evan Metcalf will step down from his role at the end of October after a decade with the firm. During the transition period, chief operating officer Oliver Reynolds and head of sales Manny Damianakis will oversee ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
... data released in the US sparked recession fears with investors also concerned the Federal Reserve is behind in cutting interest rates. However, Bell Potter research assistant Andrew Ho said the market reaction may be an overreaction. "A renewed bout ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... including Budweiser Brewing Company APAC, Carlsberg AS, Heineken Holding NV, and Treasury Wine Estate. The options also had interest in 19 companies involved in gambling, such as Aristocrat Leisure, Caesar's Entertainment Inc, Crown Resorts, and ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... investments to clients that included speculative investments in Global Capital Property Fund Limited in which Hewish had an interest." ASIC also condemned UGC for violating numerous general obligations as an AFS licensee. UGC was found to not have provided ...

AMP Super trustee has additional licence conditions removed

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... Super to make significant changes to its business practices. The areas identified for improvement included conflicts of interest management, governance and risk management practices, breach remediation processes, addressing poor risk culture and strengthening ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... reciprocity, where prospects are more likely to engage with advisers who they perceive as genuinely acting in their best interest," Netwealth said. "It is important that advice firms don't assume prospects know what advice really is and the benefits ...

GSFM appoints key account manager

JAMIE WILLIAMSON  |  THURSDAY, 1 AUG 2024
... partnership with several firms in the past 12 months to distribute their funds and strategies. "We are seeing increasing interest in GSFM's funds and strategies from intermediaries, and Lewis' appointment will capitalise on this. "He brings a solid background ...

Barings, Rest break ground on $400m investment

ELIZA BAVIN  |  THURSDAY, 1 AUG 2024
Barings and Rest have teamed up to start work on a planned $400 million logistics and industrial estate in Sydney's south-west industrial corridor. Access Logistics Park, a 20-hectare industrial site, was jointly purchased in April this year by Barings ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
Private capital fundraising across an aggregate of asset classes continues to remain at a low point, according to a report by Preqin. However, there is a silver lining as fundraising for APAC-focused private equity funds increased in the second quarter ...

AFCA complaints surge in FY24

KARREN VERGARA  |  THURSDAY, 1 AUG 2024
... demand for our service, but it's in everyone's interests that rising complaints are tackled at the source." Amid higher interest rates and increased costs of living, complaints involving financial difficulty rose 14% to 5525. home loan complaints accounted ...