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Showing 141 - 150 of 5339 results for "Second"

Piper Alderman investigates second CFD class action

CHLOE WALKER  |  WEDNESDAY, 25 OCT 2023
Piper Alderman is examining a second class action in relation to contracts for difference (CFD) products, this time against International Capital Markets Limited (IC Markets). The action is on behalf of retail investors who claim to have collectively ...

Australian farmland values in decline: Report

CHLOE WALKER  |  TUESDAY, 24 OCT 2023
... in the past 28 years," it said. According to the report, the number of transactions in Australia was 27% lower than the second half of 2022. This was the fourth consecutive half in which transaction volume declined - a period of which transaction volume ...

Macquarie breaks into top 50 fund manager list

KARREN VERGARA  |  TUESDAY, 24 OCT 2023
... spot as the world's largest asset manager since 2009 with US$8.6 trillion in funds under management. Vanguard sits in second place with US$7.3 trillion, followed by Fidelity Investments with US$3.6 trillion. Overall, fund managers saw the value of ...

Dexus launches new opportunities fund

CASSANDRA BALDINI  |  TUESDAY, 24 OCT 2023
A second closed-ended opportunity fund from Dexus will provide wholesale investors with exposure to investments in property repositioning, development, special situations, and credit opportunities. Dexus Real Estate Partnership 2 (DREP2) follows the ...

Super fund, insurer admin issues draw AFCA complaints

KARREN VERGARA  |  MONDAY, 23 OCT 2023
... After rectifying its issues, the super fund has remediated 3810 members, who received $1,627,091 in compensation. In the second half of the 2023 financial year, AFCA reported 55 systemic issues. An additional seven cases contravened the law, while 18 ...

Internal teams gain decision-making power: Frontier

JAMIE WILLIAMSON  |  MONDAY, 23 OCT 2023
... internal teams now rank higher, with 48% of managers believing them to be most influential. Chief investment officers now rank second, following by the board and investment committee. The top five is rounded out by asset consultants and the chief executive. ...

ASIC updates breach reporting rules

KARREN VERGARA  |  FRIDAY, 20 OCT 2023
ASIC is making changes to its reportable situations regime, which includes extending the reporting deadline for some breaches. Licensees will now have 90 days to submit a reportable situation instead of 30 days in situations that have "underlying circumstances ...

Interest rates, liquidity top of mind for Future Fund

KARREN VERGARA  |  THURSDAY, 19 OCT 2023
The current high interest rate environment is forcing the Future Fund to rethink its asset allocation, particularly its weightings in property and alternatives, in a bid to curb any potential liquidity issues. Rising interest rates, soaring 10-year ...

Alternatives to top $33tn by 2028

CASSANDRA BALDINI  |  WEDNESDAY, 18 OCT 2023
Globally, alternatives' assets under management (AUM) will reach around $33 trillion (US$24.5tn) by the conclusion of 2028, up from the estimated $22 trillion (US$16.3tn) expected at the end of 2023. According to Preqin's Future of Alternatives ...

Life insurance industry profits double, premiums rise: KPMG

ANDREW MCKEAN  |  TUESDAY, 17 OCT 2023
... surged due to favourable investment markets. Nevertheless, she emphasised that the industry would find solace in marking its second consecutive year of profits, particularly considering economic uncertainty and an evolving regulatory environment. Interestingly ...