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Showing 141 - 150 of 5497 results for "September 11"

Revolution private credit trust to launch on ASX

KARREN VERGARA  |  WEDNESDAY, 27 AUG 2025
Revolution Asset Management is set to launch a private credit product on the ASX and is targeting a $400 million raise. Revolution Private Credit Income Trust, under ticker coder REV, will debut on September 22. Already, Revolution co-founder and chief ...

Inflation hits highest level in over a year

ELIZA BAVIN  |  WEDNESDAY, 27 AUG 2025
The monthly Consumer Price Index (CPI) indicator rose 2.8% in the 12 months to July 2025, according to the latest data from the Australian Bureau of Statistics (ABS). "The 2.8% annual CPI inflation to July was up from 1.9% to June. This is the highest ...

Three portfolio managers exit Stewart Investors

KARREN VERGARA  |  MONDAY, 25 AUG 2025
The exit of three key portfolio managers at Stewart Investors has thrown ratings of several funds they managed into disarray. Sydney-based senior portfolio managers David Gait and Sashi Reddy, and Singapore-based senior portfolio manager Sujaya Desai ...

Liquidity issues hurting Healthbridge Capital investors

KARREN VERGARA  |  FRIDAY, 22 AUG 2025
Healthbridge Capital investors have been locked out of their money since March amid a liquidity crunch as corporate regulator ASIC stays mum about its knowledge or investigation into the potential collapse of another managed investment scheme. A significant ...

ASIC freezes assets of First Mutual Private Equity

MATTHEW WAI  |  FRIDAY, 22 AUG 2025
The Federal Court imposed urgent interim orders to freeze the assets of First Mutual Private Equity (FMPE) and its sole director Gregory Raymond Cotton, with ASIC concerned more than $50 million of investor funds is at risk. ASIC is investigating FMPE ...

VG1 replaces investment manager, books massive loss

KARREN VERGARA  |  THURSDAY, 21 AUG 2025
VG1 Partners Global Investments (VG1) appointed a new investment manager after booking an operating loss of $17.6 million and delivering net portfolio returns of -3% for the last financial year. Regal Partners appointed Paul Moore to be the investment ...

ART chair to retire

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
Australian Retirement Trust (ART) chair Andrew Fraser intends to retire at the ART Annual Member Meeting on November 20, at which point a successor will be named. Fraser was first appointed to Sunsuper as an independent director in September 2015 and ...

Adviser banned for UGC, Shield involvement

MATTHEW WAI  |  TUESDAY, 19 AUG 2025
Gold Coast-based financial adviser Andrew Rankin has been banned for four years for failing to act in clients' best interests by pushing them to invest in the Global Capital Property Fund (GCPF) and Pivotal Diversified Fund. The banning took effect ...

Aberdeen to terminate three funds

MATTHEW WAI  |  MONDAY, 18 AUG 2025
Aberdeen Investments is shutting down three funds due to declining investor demand, which has seen the funds diminish in size. The abrdn International Equity Fund, abrdn Multi-Asset Income Fund, and abrdn Multi-Asset Real Return Fund will be terminated ...

Hostplus unveils new Lifecycle option, changes fees

ELIZA BAVIN  |  FRIDAY, 15 AUG 2025
Hostplus has renamed its Life investment option to Lifecycle and switched up the design of the option by reducing the life-stages from four to three. Under the new design, the three life-stages will be 'grow', 'maintain' and 'protect' ...