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Showing 131 - 140 of 4276 results for "Yesterday"

Macquarie AM launches emerging markets equity ETF

MATTHEW WAI  |  FRIDAY, 6 SEP 2024
... Equity ETF is the latest addition to the Macquarie Asset Management's (MAM) active ETF platform, listing on the Nasdaq yesterday. The new fund (Nasdaq: EMEQ) is managed by the firm's emerging markets equity team - led by Liu-Er Chen - in the US. The ...

Evergreen funds prime for retail PE investors

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
During a panel session at the act Conference 2024 yesterday, private equity experts spoke of the growing appeal of evergreen funds as a vehicle for retail investors looking to invest in private markets. Unlike traditional private funds, evergreen funds ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
... remained in place while a process to consider any change of investment manager is underway," CFS wrote to investors yesterday. On August 22, Ironbark announced it will tear up its contract with RLAM, whose former head of equities, Peter Rutter, is now ...

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... The deal comprises the purchase of 12.46 million Finexia shares at $0.30 each, a 20% premium over its closing price yesterday. It will be executed in two stages, with a first tranche of 10.77 million shares to be completed next week, resulting in Factory ...

Former adviser cops 12 years' imprisonment

KARREN VERGARA  |  TUESDAY, 27 AUG 2024
... behind bars after he was found guilty of fraud again. Jayaweera was sentenced in a retrial at the Brisbane District Court yesterday after he was found guilty of 28 counts of fraud amounting to $5,958,870 in losses for former clients. Judge Moynihan said ...

'Our patience is running thin': ASIC

ELIZA BAVIN  |  THURSDAY, 15 AUG 2024
... Commission (ASIC) commissioner Simone Constant did not hold back when addressing superannuation trustees at an industry event yesterday. Constant said the regulator expects much more from super funds in being transparent and delivering better outcomes ...

Global X loses another senior talent

ANDREW MCKEAN  |  WEDNESDAY, 7 AUG 2024
... William Taylor will serve as acting team head until the new hire is onboarded. He has been with the firm since 2021. Yesterday, Financial Standard reported that Global X Australia chief executive Evan Metcalf would step down at the end of October after ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
... regime, which has been in operation for four months. Berry told a Financial Advice Association Australia (FAAA) event yesterday that the "ongoing sustainability of organisations is certainly paramount in the decisions that we make." In one case, the ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The ASX had its worst day since March 2020 yesterday, wiping $102 billion as investors got the jitters over a potential US recession. Mediocre jobs data released in the US sparked recession fears with investors also concerned the Federal Reserve is ...

Positives remain at Perpetual, says Morningstar

JAMIE WILLIAMSON  |  THURSDAY, 25 JUL 2024
After Perpetual reported worse than expected outflows yesterday, Morningstar has lowered its fair value estimate for the 138-year-old wealth giant. However, it says things aren't all bad. In a quarterly update yesterday, Perpetual disclosed $8.9 ...