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Showing 1191 - 1200 of 12383 results for "May"

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... it's no longer financially sustainable to continue operating its funds. Wheelhouse Investment Partners was founded in May 2017 as a specialist income manager by Alastair MacLeod, Sam Jacob, and Andrew MacLeod. It was originally affiliated with Bennelong ...

Regal sets eyes on Platinum takeover

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... several conditions. We assume Platinum remains a stand-alone entity, given the implied takeover premium is modest and Platinum may reject the offer." Platinum said the proposal from Regal would be subject to several conditions including the granting ...

Director pleads guilty to 'dishonestly' obtaining near $1m

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
... Act), with a further four offences to be considered on sentencing, ASIC said. The offences took place between October 2015 and May 2020, where McCabe obtained $940,350 from eight victims, seven of who were clients of GCA and OTC. He was the sole director ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... with bank transfers, which is where most fraud is happening." Rao said measures that alert consumers that the account they may be transferring money to is not what it purports to be would go a long way in reducing losses. "In this regard, the proposed ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
... inflation forecasts by 0.1% each for 2025, but in our view growth forecasts are still too high, and the inflation forecasts may be too high as well. Falling oil prices and a stronger euro should give the central bank room to cut again at the next meeting," ...

AI could see emerging markets flourish: Experts

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
... election in late 2023, face persistent issues that their respective governments will need to work through." Other factors that may still hinder the growth of EM are the current Chinese economy and the tightening of the US monetary cycle. In terms of ...

Genetic test results to no longer hinder life cover

JAMIE WILLIAMSON  |  WEDNESDAY, 11 SEP 2024
... minister for financial services Stephen Jones said. "No Australian should be discouraged from undertaking testing out of fear it may impact their ability to get life insurance. "This decision places Australia as a world leader in removing barriers to ...

RBA lays down the law on interest rates

ELIZA BAVIN  |  FRIDAY, 6 SEP 2024
... following its meeting only a few weeks ago was that it is premature to be thinking about rate cuts," she said. "Circumstances may change, of course, and if economic conditions don't evolve as expected, the board will respond accordingly. But if the economy ...

End of the road for three Franklin Templeton funds

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... 200 Accumulation Index and Bloomberg AusBond Composite 0+ Yr Index over rolling three-year periods. The fund launched on 30 May 2014. The Martin Currie Tactical Allocation Fund, which was incepted 26 years ago, had $12.7 million in AUM. It aimed to beat ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... Pinnacle Investment Management affiliate. Upon receiving news the global equities team will leave RLAM to join Pinnacle in May, CFS told investors that it instructed RLAM to manage its assets on a "care and maintenance basis until a decision had been ...