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Showing 1531 - 1540 of 12383 results for "May"

Penta Capital fined for fabricated FUM

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... claims it managed nearly $7 billion in assets when it does not. Queensland-based Penta Capital boasted on its website between May 2022 and February 2023 that it managed $6.9 billion on behalf of retail, wholesale, and institutional investors. It also ...

Market performance fails to sway retirement confidence: State Street

ANDREW MCKEAN  |  FRIDAY, 19 JAN 2024
... Australians' historical reluctance to embrace annuities. Nevertheless, the survey results showed "encouraging signs" that annuities may have turned a corner. "Acceptance of some of the stereotypical negative statements about annuities has softened since ...

Advisers urged to check ASIC registration status

JAMIE WILLIAMSON  |  THURSDAY, 18 JAN 2024
... be registered by their licensee. If they miss the deadline and continue to provide advice, the adviser and their licensee may face regulatory action. "While there have been a number of communications about this new obligation, we are aware that many ...

Finnfund names chief investment officer

CHLOE WALKER  |  WEDNESDAY, 17 JAN 2024
... investor. Loikkanen, a seasoned financial services executive with over 30 years of experience, has been on the fund's board since May 2020. She currently also serves as a non-executive director at Nasdaq Stockholm listed investment companies Eastnine ...

CFA Level I pass rate drops further

JAMIE WILLIAMSON  |  TUESDAY, 16 JAN 2024
... apply to sit the Level II examination. The result marks a drop in successful candidates, down from 37% in August and 39% in May. It also marks the worst result since the historic lows of 2021. CFA Institute managing director, education Chris Wiese said ...

Experts expect the RBA to hold: Finder

CHLOE WALKER  |  MONDAY, 15 JAN 2024
... start cutting rates in March. However, Lawson said pricing for the RBA is far more modest, with the first cut expected in May 2024. "Our base case is for the RBA to remain on hold at current rates before commencing an easing cycle in September 2024," ...

Investors livid over fresh portfolio valuation: Mayfair 101

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JAN 2024
Mayfair 101 says its noteholders have been left devastated by new sales data that suggests the Mission Beach real estate portfolio has increased in value by as much as $170 million. Mayfair 101 purchased the portfolio of 200-plus properties in 2019. ...

Inflation eases to 4.3%

KARREN VERGARA  |  WEDNESDAY, 10 JAN 2024
... suggests that consumers held back on discretionary spending in October to take advantage of discounts in November. Shoppers may have also brought forward some Christmas spending that would usually happen in December." "The popularity of Black Friday ...

Infrastructure's diversification benefits timely: Clearbridge

CHLOE WALKER  |  WEDNESDAY, 10 JAN 2024
... pass-through working well, supporting earnings across the asset class." Langley added that infrastructure companies' financials may take anywhere from a few months to a few years to reflect inflation. "A toll road, for example, can increase its prices ...

ASIC permanently bans adviser who stole client funds

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
... function within a financial services business. ASIC said he is not a fit and proper person to provide financial services. Between May 2017 and June 2022, Pagliaccio was found to have engaged in dishonest and deceptive and misleading conduct related to ...