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Showing 1751 - 1760 of 29058 results for "PRI"

Regal writes off Opthea, FUM takes 8% hit

KARREN VERGARA  |  THURSDAY, 10 APR 2025
Regal Partners has written off its entire investment in Opthea, which contributed to funds under management (FUM) taking an 8.3% hit in the March 2025 quarter. Regal ended up with $16.5 billion as total FUM suffered a $540 million loss stemming from ...

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
NAB chief economist Sally Auld said the Reserve Bank of Australia (RBA) may deliver a 50bps interest rate cut when it meets again in May. Auld said headwinds from the global environment have intensified, but conceded large amounts of uncertainty remain. ...

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
As the stock market correction remains in full swing as a result of US President Donald Trump's sweeping tariffs, Australians are being reminded to stay calm. Schroders head of strategic research Duncan Lamont said despite the market mayhem, a market ...

NPP not suitable as the primary payment system for payday super

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
Payday super, coming into effect 1 July 2026 pending the current draft legislation, could bring a world of problems once introduced, including payroll and tax obligations for Australian small and medium enterprises (SMEs), experts claimed. One of the ...

Cbus plays it steady amid rocky start to the year

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
After a stretch that's favoured equities, particularly passive strategies, which hasn't bode well for active management or diversified portfolios, the tide is beginning to turn, according to Cbus deputy chief investment officer Leigh Gavin. Gavin said ...

AIOFP partners with fintech firm to offer white-labelled digital advice

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
The Association of Independently Owned Financial Professionals (AIOFP) has partnered with fintech firm moneyGPS, which will provide its digital advice platform to the advice association's 120 AFSL members and 5000 financial advisers. Through the partnership ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
Cbus has confirmed it has reported to APRA an "unusually high spike in log-in attempts", impacting around 85 member accounts, which occurred several days after the cyber-attack that impacted other super funds. "At this stage of our inquiries, there ...

Trade war rattles pre-election economic outlook

KARREN VERGARA  |  TUESDAY, 8 APR 2025
Treasury admits that escalating trade hostilities and risks to the economy are "more significant than expected" as it releases its Pre-election Economic and Fiscal Outlook (PEFO). While the government's Budget figures have not changed since they were ...

Fitzpatricks names head of product

KARREN VERGARA  |  TUESDAY, 8 APR 2025
Fitzpatricks Group appointed a head of product from Colonial First State (CFS) as it bolsters its investment products and services to financial advisers and their clients. Andrew Chapple joins Fitzpatricks in the newly created role based in Sydney. ...

Super for housing would benefit 4% of homebuyers: ASFA

MATTHEW WAI  |  TUESDAY, 8 APR 2025
New estimates from the Association of Superannuation Funds of Australia (ASFA) show less than 5% of eligible first homebuyers would actually benefit from an early access scheme. For years now, the Coalition has pushed its 'super for housing' policy ...