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| | | ... June to pursue external opportunities. This comes after chief executive Debby Blakey also announced she would be stepping down in the second half of the year after working with the fund for more than 17 years, including 11 years at the helm. Blakey said ... |
| | | | ... costs on Defensive and Balanced will also increase, while those for the Conservative and Australian Shares options will go down slightly. For pension members, the investment fees and costs for the Defensive option are increasing, while they'll decrease ... |
| | | | BlackRock chief executive Larry Fink is doubling down on private markets' golden run, predicting the fund manager will raise US$400 billion of these assets by 2030. BlackRock aims to tap investments in infrastructure, private credit and alternatives ... |
| | | | ... million invested in DASH, as well as a further $2.5 million debt investment. It said the equity investment is to be written down by 24% to $30.1 million and the total carrying value will be $32.6 million after the revaluation, inclusive of the debt but ... |
| | | | ... Sequoia's divestment decision." Sequoia has already slashed $4.7 million in intangible assets relating to InterPrac, writing down the client list following mass financial adviser resignations. InterPrac had 216 financial advisers in mid-March, dropping ... |
| | | | ... breached the Corporations Act by failing to place the Shield Master Fund on a watch list, the Federal Court has found. Handing down findings today, Justice Wheelahan determined Macquarie should have placed the fun on a watch list for further monitoring ... |
| | | | Morningstar said recent layoffs by Australian companies are being made from a high starting point, where in the past decade hiring could have outpaced the needs of the business. Atlassian recently laid off 10% of its workforce impacting 1600 jobs. Block ... |
| | | | ... period, mainly due to lower than expected departures," Chalmers said. "Treasury's fertility assumption will also be revised down to reflect lower expected births, in line with international trends." Chalmers said work trends are also evolving, with Treasury ... |
| | | | ... trading decisions. "They are smart as it relates to the data and some of the cutting-edge technologies, and we found that down the track, as with most people, there was a potential to transition those individuals to the [trading] desk," he said. Chatfield ... |
| | | | ... WyeTree Asset Management. There, he focused on structured credit opportunities in residential real estate. The fund was wound down in 2019. The rest of his team will remain. Victor Rodriguez will drive Challenger Investment Management's strategy ... |
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