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Showing 121 - 130 of 5322 results for "Second"

Clime IM doubles down on strategy, taps into AI

ANDREW MCKEAN  |  MONDAY, 30 OCT 2023
... the investment in new systems will be completed by end of November and will result in significant cost reductions in the second half of FY24," a statement said. Simultaneously, the company revealed its engagement with external providers specialising ...

PGIM executive quits after less than two years

ELIZABETH FRY  |  FRIDAY, 27 OCT 2023
... part of the firm's overall effort to tap into Australia's wealth and wholesale market. Interestingly, Price is the second executive to leave in as many months. In August, Murray Brewer suddenly left after just three months as head of PGIM's ...

ASIC's pursuit of Mayfair 101 founder faces setback

JAMIE WILLIAMSON  |  THURSDAY, 26 OCT 2023
... clarified had ASIC communicated their concerns rather than resorting to litigation at the first opportunity." It marks the second loss for ASIC in as many days, having earlier this week lost its case against Diversa.

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
Piper Alderman is examining a second class action in relation to contracts for difference (CFD) products, this time against International Capital Markets Limited (IC Markets). The action is on behalf of retail investors who claim to have collectively ...

Australian farmland values in decline: Report

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
... in the past 28 years," it said. According to the report, the number of transactions in Australia was 27% lower than the second half of 2022. This was the fourth consecutive half in which transaction volume declined - a period of which transaction volume ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... spot as the world's largest asset manager since 2009 with US$8.6 trillion in funds under management. Vanguard sits in second place with US$7.3 trillion, followed by Fidelity Investments with US$3.6 trillion. Overall, fund managers saw the value of ...

Dexus launches new opportunities fund

CASSANDRA BALDINI  |  TUESDAY, 24 OCT 2023
A second closed-ended opportunity fund from Dexus will provide wholesale investors with exposure to investments in property repositioning, development, special situations, and credit opportunities. Dexus Real Estate Partnership 2 (DREP2) follows the ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... After rectifying its issues, the super fund has remediated 3810 members, who received $1,627,091 in compensation. In the second half of the 2023 financial year, AFCA reported 55 systemic issues. An additional seven cases contravened the law, while 18 ...

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... internal teams now rank higher, with 48% of managers believing them to be most influential. Chief investment officers now rank second, following by the board and investment committee. The top five is rounded out by asset consultants and the chief executive. ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
ASIC is making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...