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Conscious Investment Management fund receives $50m

RACHEL ALEMBAKIS  |  MONDAY, 27 NOV 2023
... investment in the social and affordable housing sector and target the delivery of 40,000 new social and affordable homes over the next five years. CIM has also announced that John White will join CIM as a special advisor, focusing his time on CIMSHF2. ...

Super funds increasing offshore investment, currency hedging lessens: NAB

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... exposure to these asset classes will increase in the new two years," Bennett said. "It wouldn't be unexpected if, in our next survey we find that international asset holdings have surpassed 50% for the first time, a development that would certainly ...

New bill to strip treasurer of RBA monetary policy veto powers

ANDREW MCKEAN  |  MONDAY, 27 NOV 2023
... both the government and Reserve Bank, with efforts underway to finalise a new statement on the Conduct of Monetary Policy next month.

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
... provide to innovative companies who need flexible, long-term, and trusted banking relationships to help them reach their next milestone or capitalise on opportunities as they arise."

RIAA appoints co-chief executives to succeed O'Connor

JAMIE WILLIAMSON  |  THURSDAY, 23 NOV 2023
... Responsible Investment Association Australasia (RIAA) will be led by two chief executives across Australia and New Zealand from next month. Earlier this year, RIAA chief executive Simon O'Connor announced his intention to step down from the role. ...

ASFA appoints Mary Delahunty as chief executive

CASSANDRA BALDINI  |  THURSDAY, 23 NOV 2023
... stepping in. "Leeanne has played an invaluable role in contributing to an outstanding program at the ASFA Conference in Adelaide next week, which explores the enormous opportunity currently presented to the industry and tackles some of our key challenges ...

Quality is worth paying for in 2024: UBS

CHLOE WALKER  |  THURSDAY, 23 NOV 2023
... contribute to lower interest rate expectations," it said. "Market expectations that the Fed will not cut rates below 4% within the next five years are overly hawkish in our view. And in an uncertain world, we believe government bonds could periodically ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... considerable uptick in underlying EBITDA from its strategic initiatives, with most benefits projected to be realised in the next financial year. However, due to prevailing high inflation, it anticipates a 10% increase in operating costs this half year ...

Macquarie brings long-awaited ETFs to market

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
... beginning for Macquarie, saying it plans to bring more existing flagship funds and new innovative strategies into the market from next year. "As the largest active investment manager in Australia, we recognise the increasing appetite from Australian ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
... take the mountain to Moses on this... I have an open mind, but I don't want to still be pondering this issue this time next year," he said. He admitted he thinks there's a role for recognised prior learning here, a need to look at "what people ...