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Showing 1281 - 1290 of 15209 results for "Dow"

Link Group to cop $418m loss

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
Link Group has advised investors it expects to post a $417.7 million loss for FY23, largely the result of its issues in the UK. In April, Link Group reached a conditional agreement with the UK regulator, the Financial Conduct Authority, to settle its ...

Commercial property deals stuck at 2011 levels

JAMIE WILLIAMSON  |  THURSDAY, 3 AUG 2023
Sales of local commercial property assets have dropped to the lowest levels since 2011 for the second straight quarter, says MSCI. Latest data from MSCI shows transaction volumes in Q2 were down 61% year on year, coming in at $7 billion. This was down ...

Australia a "most exciting place" for GQG: Barker

CHLOE WALKER  |  THURSDAY, 3 AUG 2023
The focus for GQG Partners' head of international Mark Barker has always been to identify areas where there's a high concentration of assets controlled by a relatively small number of decision makers - and Australia is just that. Speaking with Financial ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
Alan Cameron will serve as independent chair and lead the stakeholder group responsible for advising the ASX's clearing and settlement boards during their efforts to rectify the CHESS replacement debacle. The ASX said members of its advisory group ...

More than $100k raised at FICAP RockStar

STAFF WRITER  |  WEDNESDAY, 2 AUG 2023
The return of the Financial Industry Community Aid Program's annual 'RockStar' event was a roaring success, seeing more than $100,000 raised for its charity partners while an Oasis classic saw PIMCO's Scott Delaney crowned the night's ...

Fitch downgrades US credit rating

ANDREW MCKEAN  |  WEDNESDAY, 2 AUG 2023
Fitch has downgraded the US's credit rating to AA+ from AAA, citing fiscal deterioration, a growing government debt burden, and an erosion of governance that has manifested in repeated debt limit standoffs. "Over the next decade, higher interest rates ...

QIC buys Packhorse's last pastoral property

CHLOE WALKER  |  TUESDAY, 1 AUG 2023
Queensland Investment Corporation (QIC) has purchased the last asset in the Packhorse portfolio as it continues to grow its natural capital platform. The Stuart's Creek property, located north-west of Roma, was sold by Packhorse as a beef grazing operation ...

FinClear buys cash investment platform

JAMIE WILLIAMSON  |  TUESDAY, 1 AUG 2023
Adding to its growing suite of services, FinClear acquired Transact1, a cash investment solution used by both wholesale and institutional investors. FinClear said it is capitalising on growing demand for cash investment products, saying Transact1 positions ...

IML launches Aussie shares fund as active ETF

CASSANDRA BALDINI  |  TUESDAY, 1 AUG 2023
The IML Concentrated Australian Share Fund (Quoted Managed Fund) is now available on the ASX as an active ETF, catering to financial advisers and retail investors. The fund manager explained its Quoted Managed Fund represents a distinct class of units ...

Goldman Sachs launches global infra feeder fund for Aussie investors

CASSANDRA BALDINI  |  MONDAY, 31 JUL 2023
Goldman Sachs Asset Management (GSAM) has successfully launched its inaugural Australian feeder fund off the back of significant demand from local clients. The investment giant said the Aussie feeder fund, launched in the second quarter, provides investors ...