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Showing 1481 - 1490 of 19566 results for "Ban"

Income fund shuttered by Equity Trustees

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
Equity Trustees has moved to terminate a fund offered by Kaplan Funds Management, saying its purpose can no longer be accomplished. Investors were made aware earlier this month that the KFM Income Fund is set to be closed, with Equity Trustees citing ...

LGT Crestone offers exclusive access to the Princely family fund

CHLOE WALKER  |  MONDAY, 27 NOV 2023
Clients of LGT Crestone can now access the Princely family fund, known as the 'Princely Strategy', developed by its parent entity two decades ago. The Global Investible Markets (GIM) fund, which is worth US$18.6 billion, is only accessible to LGT Crestone ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
HSBC has unveiled a venture debt offering to the Australian market which specifically targets technology focused startups. According to the banking giant, an initial $228 million has been allocated to the new offering, with loans ranging from $10 million ...

Betashares launches cash plus managed fund

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
The Betashares Australian Cash Plus Fund (managed fund) (MMKT) offers investors access to a diversified portfolio that includes Australian dollar cash and short-term money market securities. According to Betashares, most money market securities in the ...

Treasury mulls reforming use of genetic test results by life insurers

JAMIE WILLIAMSON  |  MONDAY, 27 NOV 2023
... life insurance while still maintaining the benefits of genetic testing. Options floated by Treasury include legislating a ban on the use of adverse test results by insurers; legislating more appropriate financial thresholds for the use of test results ...

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
Reserve Bank of Australia (RBA) governor Michele Bullock warned that Australians' spending habits - particularly in the services sector - are now fuelling inflation. A trip to the hairdresser and dentist, eating out, and sporting and recreational ...

Young women report low financial literacy: NAB

CASSANDRA BALDINI  |  FRIDAY, 24 NOV 2023
Young Australian women are reporting lower financial literacy levels and are at greater risk of financial hardship, according to new NAB research. NAB's Financial hardship survey, revealed the most significant dip in financial literacy is seen in ...

Maple-Brown Abbott loses sales head

ELIZABETH FRY  |  FRIDAY, 24 NOV 2023
Maple-Brown Abbott distribution head Duncan Hodnett has jumped across to a specialist middle-market corporate direct lending fund manager in the same role. Hodnett - who was with the boutique fund manager for almost four years - has joined Epsilon Direct ...

Macquarie brings long-awaited ETFs to market

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
Macquarie Asset Management (MAM) has launched its first range of actively managed ETFs in Australia, offering a listed access point to its managed funds. In a statement, MAM said the launch provides local investors with the transparency and convenience ...

BNP Paribas acquires HSBC's hedge fund admin business

CHLOE WALKER  |  WEDNESDAY, 22 NOV 2023
BNP Paribas Securities Services has signed an exclusive agreement to take on HSBC's hedge fund administration business. The transfer of services from HSBC to BNP Paribas will involve the integration of certain employees within BNP Paribas' expert teams ...