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Showing 1351 - 1360 of 12781 results for "Change"

$53bn added to ETF market over 12 months

ELIZA BAVIN  |  THURSDAY, 11 APR 2024
Australian investors added $2.65 billion into ETFs that invest on international equity markets over the three months to 31 March 2024, according to data released by the Australian Securities Exchange (ASX) and Vanguard. The inflows into international ...

GBST develops private equity platform

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Wealth management software business GBST has collaborated with Luna Partners to create a technology platform that connects investors and managers to the wholesale private equity market. The cloud-based SaaS platform will open investment opportunities ...

Life insurers struggle with code compliance

KARREN VERGARA  |  WEDNESDAY, 10 APR 2024
Life insurers continue to breach their own compliance code with more than 12,000 instances recorded, yet the body overseeing their conduct fears this is likely under-reported. The Life Code Compliance Committee (LCCC) saw another increase in the number ...

Government introduces company merger overhaul

ANDREW MCKEAN  |  WEDNESDAY, 10 APR 2024
Australia's merger rules will be reformed in a bid to boost competition and productivity in the economy. Treasurer Jim Chalmers and assistant minister for competition, charities, and treasury Andrew Leigh jointly stated that mergers will be approved ...

Global X adds new AI ETF

ELIZA BAVIN  |  WEDNESDAY, 10 APR 2024
... offer exposure to subsets of the AI theme, he added. "AI is not a flash in the pan, it's a structural shift which will change industries and life as we know it. Australian investors can use GXAI to invest in leading companies across the value chain of ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... approximately $0.6 billion at 31 December 2023 and was a similar amount at the end of March. At this level of capital, the rebate change could generate a further $5 million in management fees per annum, as well as the opportunity for Regal to earn performance ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... it said. The IMF said though liquidity risks may appear limited at this current stage, a growing retail presence could change things moving forward. "Private credit funds use long-term capital lockups and impose constraints on investor redemptions to ...

Treasury mulls transfer balance credit provision reforms

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
The government is consulting on changes to provisions afforded to super fund members with a capped defined benefit income stream to ensure they are not negatively impacted in the event of a merger. Under current legislation, when a super fund merges ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
Resolution Life has acquired Asteron Life New Zealand for NZ$410 million. Resolution Life will buy the business from Suncorp Group. In doing so, it will become the second largest life insurer in New Zealand, with about 165 employees and a network of ...

Senate Committee endorses Superannuation Objective Bill

ANDREW MCKEAN  |  WEDNESDAY, 3 APR 2024
The Senate Economics Legislation Committee has recommended the passage of the Superannuation (Objective) Bill 2023, marking its likely enactment. The Committee urged Parliament to prioritise passing the bill in a report released last week because of ...