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Showing 1581 - 1590 of 34277 results for "Financial"

DeepSeek, Alibaba: Silver linings for emerging markets strategy

KARREN VERGARA  |  THURSDAY, 22 MAY 2025
... April, it had a weighting of 6.5%. "What was once a growth darling, was reduced to a real value stock," Whiting told Financial Standard. Alibaba suffered on the back of co-founder Jack Ma's sudden hiatus from the public eye some five years ago. At ...

Super funds back $9.6bn homegrown platform

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
... other major investors, have contributed to a US$300 million ($466 million) capital raise for a Melbourne-found global financial platform. The two super funds were some of the lead investors in a Series F funding round run by Airwallex. Airwallex, valued ...

Former director sentenced over 'test' trading accounts

MATTHEW WAI  |  THURSDAY, 22 MAY 2025
A former financial services director, who dishonestly obtained near $1 million by tricking his clients into investing into a "test" trading platform, has had his sentence handed down. Mark Francis McCabe was sentenced to four years and three months' ...

DASH partners with S64

ELIZA BAVIN  |  THURSDAY, 22 MAY 2025
... Group (DASH) and S64 have announced a strategic partnership designed to enhance access to private market investments for financial advice firms and their clients. Through the partnership, Australian advisers will have access to private markets, multi-jurisdictional ...

Entireti, Otivo enter strategic alliance for digital advice

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... obligation to share its knowledge and collaborate to make quality advice accessible and affordable. "We know that quality financial advice changes lives and can deliver confidence and certainty, but cost is still the biggest inhibitor. Advisers have ...

Rest lands new chief investment officer

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... imperative to deliver strong investment returns and is passionate about funds helping members build confidence in their financial futures. "He has extensive experience leading high-performing teams and fostering a culture of trust, transparency, and ...

Future Fund bags a piece of Transgrid

ANDREW MCKEAN  |  WEDNESDAY, 21 MAY 2025
... in five years ago, and manage the Future Fund's stake following the deal. Neither party, however, has disclosed the financial terms of the deal. Future Fund chief investment officer Ben Samild said the investment in Transgrid aligns with the $240 billion ...

MA Financial eyes acquisition

ELIZA BAVIN  |  WEDNESDAY, 21 MAY 2025
MA Financial has confirmed it is in talks to acquire IP Generation (IPG), a real estate asset manager with around $2 billion in assets under management (AUM). "MA Financial has a longstanding relationship with IPG, having provided property management ...

Bell Asset Management names head of retail sales

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... particularly its high-conviction small- and mid-cap offering, it said. Stewart brings more than 25 years of experience in financial services to the fold. He was most recently head of distribution at Allianz Retire+, and has held various executive roles ...

ASIC sues home loan manager over 'unlawful' hardship application handling

MATTHEW WAI  |  WEDNESDAY, 21 MAY 2025
... mortgages and asset finance, managing loans issued by Perpetual. ASIC believes thousands of vulnerable customers suffering financial distress were impacted by Resimac's 'one size fits all' approach to hardship applications between 1 January 2022 and ...