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Showing 1171 - 1180 of 14005 results for "Current"

Fund manager splashes $240m on AZ NGA

KARREN VERGARA  |  TUESDAY, 1 OCT 2024
... will provide finance of $8 million per year as NGA sought to reach $7.8 billion of assets under management over 12 years. Current management and SME business owners of AZ NGA will retain about a 33-39% interest in the firm. Azimut's stake will be ...

ETFs preferred vehicles for Aussie, US advisers: Surveys

KARREN VERGARA  |  MONDAY, 30 SEP 2024
The low-cost features of exchange-traded funds (ETFs) continue to attract the glut of financial advisers both here and overseas as only a minority now shun the investment vehicles, new surveys find. The portion of advisers canvassed in VanEck's ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
... unrelated labour income," it said. "But losses on passive investment should still be allowed to be written off against all current-year and future positive investment income, including interest, rental income, and capital gains." It said the 50% capital ...

PineBridge brings flagship lifecycle fund down under

MATTHEW WAI  |  MONDAY, 30 SEP 2024
PineBridge Investments has launched the PineBridge (AU) Global Focus Equity Fund to local wholesale investors. PineBridge's head of Australia Clinton Grobler said the new fund marks a "step change" in its Australian business. "I believe Global Focus ...

Pitcher Partners executives launch advice firm

KARREN VERGARA  |  FRIDAY, 27 SEP 2024
Three Pitcher Partners executives have set off to launch Viola Private Wealth, an ultra-high-net-worth financial advice firm spearheaded by Charlie Viola. Viola, together with founding partners Sean Ward and Andrew Levi, bought out operational aspects ...

Platinum quashes Regal bid

ANDREW MCKEAN  |  THURSDAY, 26 SEP 2024
... proposal, including by obtaining advice from its financial and legal advisers, and has unanimously concluded that the current terms of the Regal proposal undervalue Platinum, and, as a result, the Regal proposal is not in the best interests of Platinum ...

Global X launches latest global equity ETF

MATTHEW WAI  |  THURSDAY, 26 SEP 2024
Global X has brought to the Australian market the first index-based 'Growth at a Reasonable Price' ETF. The Global X S&P World Ex-Australia GARP ETF (GARP) tracks the S&P World ex Australia GARP Index, holding 250 companies, and charges a management ...

Family office, KKR buy up regional Queensland airports

JAMIE WILLIAMSON  |  THURSDAY, 26 SEP 2024
The Infrastructure Fund (TIF), Australian Retirement Trust (ART) and State Super have offloaded Queensland Airports to private equity giant KKR and Atlassian co-founder Scott Farquhar's family office, Skip Capital. Queensland Airports comprises Gold ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
... worry." RSM Australia economist Devika Shivadekar said the RBA was left with "little choice" yesterday than to maintain its current stance given the persistently tight labour market and core inflation remaining uncomfortably high. "The RBA seems to favour ...

ASX hunts new chief risk officer

MATTHEW WAI  |  TUESDAY, 24 SEP 2024
... securities exchange in March 2017. Throughout his tenure, he was responsible for designing and implementing all aspects of the current risk management frameworks ASX relies on. Treleaven has more than 35 years of experience in the financial sector. Prior ...