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Showing 1361 - 1370 of 14210 results for "Interest"

Income AM bolsters sales function

ELIZABETH FRY  |  FRIDAY, 5 APR 2024
ASX-listed bond broking firm Income Asset Management has hired a team of fixed income specialists from rival FIIG Securities. The six recruits will report to IAM's head of sales for capital markets Jenna Labib. The appointments come one year after ...

Court delays DASS class action settlement approval

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... Victims argued that Dixon financial advisers invested their money in the in-house product by not considering their best interest. Last November, E&P settled the lawsuit for $16 million and was due to be approved by the Federal Court on April 3. "Justice ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
... customers and financial advisers. The sale includes an upfront payment of NZ$250 million at completion, with the balance plus interest due 18 months later. It is expected to be completed by the end of the year. Resolution Life Australasia chief executive ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
It's been all eyes on the US Federal Reserve as investors patiently await interest rate cuts, with the US central bank indicating they should arrive this year. Now US Federal Reserve chair Jerome Powell has confirmed the bank is targeting a rate cut ...

GSFM partners with Eastspring to deliver new EM offering

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... McIntyre said was managed by a team of eight people and comes with a 14-year track record. "We have seen an uptake of interest in emerging markets from investors. The demographics and growth potential of these markets make them desirable for investors ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... enables individuals, companies, self-managed superannuation funds, and trusts the opportunity to lend to it and earn fixed interest returns. It then uses borrowings from third parties to increase its operational and investment capabilities. ASIC commenced ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... Preqin to be actively investing is now eight times the number it was over the same period. The report also found higher interest rates increased pressure on margins for private equity firms, and this was particularly the case for leveraged buyouts. In ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
According to a report by Mercer, nine out of 10 investment managers are either using or planning to use artificial intelligence (AI) in their investment strategies or asset class research. The report flagged that the question is no longer if but how ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... logic and leap to conclusions depending on recent events, leading to decision-making that was against their own self-interest. "[People] are much too quick to jump to conclusions under some conditions and, under other conditions, they are much too slow ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... was a retail investor as it had less than $10 million in assets and therefore entitled to the protections of the best interest duty. The complainant also argued that personal financial advice was provided and that the advice was inappropriate. "The financial ...