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Showing 1201 - 1210 of 14210 results for "Interest"

The investment managers winning the biggest mandates

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... followed closely with $3.25 billion in mandates over the same period. IFM investors won a $1.59 billion Australian fixed interest mandate, a $1.36 billion indexed Australian equities mandate, and a smaller property mandate, all from Brighter Super. It ...

DigitalX to launch Bitcoin ETF on ASX

ANDREW MCKEAN  |  TUESDAY, 9 JUL 2024
... prices. However, although supply news drove the markets lower, Wade said that the firm continued to see "significant interest" in the ETF space with BlackRock and Fidelity ETFs reaching about 2.5% of the total Bitcoin supply. Separately, DigitalX requested ...

Advisers encouraged to embrace AI

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... with 37% of financial advisers already using AI tools to improve practice efficiency. A further 43% of advisers express interest in integrating AI into their practices, contingent on support for implementation, security, and privacy concerns. Current ...

Rest increases private credit investment

ELIZA BAVIN  |  TUESDAY, 9 JUL 2024
... risk-adjusted return profile, we expect REDF will deliver strong results to Rest members. "With a combination of higher interest rates and traditional banks scaling back commercial real estate lending, we believe non-bank lenders have a good opportunity ...

HMC Capital announces new $50m investment

ELIZA BAVIN  |  MONDAY, 8 JUL 2024
... early-stage development milestones) resulting in a total expected investment of up to around $50 million to secure a majority interest in the business. Stor-Energy's senior management team will continue to lead the business and retain a minority interest. ...

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
... solid gains given the continued optimism on the prospects for 'Artificial Intelligence' (AI) and renewed hopes for lower interest rates later this calendar year," he said. "In particular, the largest AI chipmaker - Nvidia - a company in which the MySuper ...

First advice reform bill passes parliament

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
... about when and on what basis a trustee can charge a fee for financial product advice from a member's superannuation interest," the supplementary explanatory memorandum reads. New subsections 99FA(1)(a) and (b) provide clarity to trustees in how their ...

Committee calls for 'sick agency' ASIC to be split in half

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
The Senate committee tasked with assessing the capabilities of ASIC says the government should recognise the regulator has "comprehensively failed to fulfil its regulatory remit", calling for a complete overhaul of its structure, powers and how it's ...

APRA heightens expectations around trustees' spending

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
APRA reissued guidance around strategic planning and member outcomes, placing a clearer focus on superannuation members' interests when it comes to fund expenditure. The regulator updated Prudential Standard SPS 515 Strategic Planning and Member Outcomes ...

Colonial First State reports strong super returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... said. "CFS is also in the relatively unique position of holding no legacy unlisted assets. In an environment of higher interest rates, this has allowed us to deliver another year of solid returns for members. "Looking ahead, we continue to believe that ...