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Showing 1451 - 1460 of 7723 results for "Currently"

Fink warns of "slow rolling crisis"

JAMIE WILLIAMSON  |  THURSDAY, 16 MAR 2023
... up their balance sheets, and we're likely to see stricter capital standards for banks." He said that what's currently occurring in the US banking system will place greater importance on the role of capital markets in financing, adding that there ...

Credit Suisse, oil prices see ASX fall: CommSec

CASSANDRA BALDINI  |  THURSDAY, 16 MAR 2023
... recovered slightly on the back of the statement. "What that means, of course, is that in the Asian session, which we're currently in, including our own, is that financial stocks in terms of sentiment around them have been under pressure," he said. ...

Fixed interest ETP issuers hit the gas

CHLOE WALKER  |  THURSDAY, 16 MAR 2023
... Meanwhile, the fastest growth occurred in the capital securities sector (31% FUM growth on net fund flows of $0.6 billion). Currently, Rainmaker said, the biggest players in this space are Vanguard (29%), Betashares (28%) and BlackRock (21%). "Fixed ...

No systemic risk with SVB, but issues remain: Experts

CASSANDRA BALDINI  |  WEDNESDAY, 15 MAR 2023
... hand, Indiana University assistant professor of economics Vidhura Tennekoon said, with over $1 trillion of bank deposits currently uninsured, he believes that the banking crisis is far from over. "All banks face interest rate risk today on some of their ...

Hearts & Minds appoints chief investment officer

JAMIE WILLIAMSON  |  TUESDAY, 14 MAR 2023
... since 2015. He has previously held investment roles with Perpetual, Platinum Asset Management, and Schroders. He also currently serves as chair of the Australian Fund Manager Awards Foundation and chair of Surf Aid International. In joining, Lanchester ...

Morningstar launches managed accounts portfolios

KARREN VERGARA  |  MONDAY, 13 MAR 2023
... use both active and passive investment strategies across managed funds and exchange-traded funds. The six portfolios, currently available on the Macquarie Wrap and Praemium platforms, are the Conservative, Moderate, Balanced, Growth, High Growth and ...

TAL offloads dealer group to CountPlus

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... Financial Advisers and have about 400 advisers and $16.8 billion in funds under advice once the deal completes. CountPlus currently has 280 financial advisers. Affiinia provides holistic financial and risk advice. Some 100 representatives will move to ...

Advice firms trading at premium: Broker

KARREN VERGARA  |  FRIDAY, 10 MAR 2023
... the most popular transactions in 2022 - financial advice practices that are co-located with a buyer's business - are currently valued at 2.2x-3.2x recurring revenue. The co-location of the acquired business with the purchaser's business makes the measurement ...

Senate inquiry to scrutinise proposed franking credit rules

ANDREW MCKEAN  |  THURSDAY, 9 MAR 2023
... to Jones, it's highly likely that all the "mum and dad investors" receiving franking credit distribution cheques currently will continue to receive them even after the new Bill's implementation. This is because the measure primarily affects institutional ...

Diverse investment teams fare better: WTW

JAMIE WILLIAMSON  |  WEDNESDAY, 8 MAR 2023
... versus the universe mean." Further data collected from 400 firms shows only 42% of responding asset management firms currently have any measurable objectives in their Diversity, Equity & Inclusion policy, and almost half (49%) have no targeted initiatives ...