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Showing 1781 - 1790 of 14210 results for "Interest"

Insignia Financial plans advice business transformation

JAMIE WILLIAMSON  |  THURSDAY, 27 JUL 2023
The wealth group will consolidate its self-employed licensees under one brand, to be owned by the advisers via a new equity model. It has also confirmed it will divest most of its holding in Godfrey Pembroke and is looking to sell Millennium3. Insignia ...

Regal chases Pacific Current Group, GQG plans bid

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... acquire Pacific Current Group (PAC) is on, as investment giants Regal Partners (Regal) and GQG Partners (GQG) both confirm interest. Partnering with River Capital, Regal proposed to acquire all the issued ordinary shares in PAC at an implied value of ...

Federal Reserve raises interest rates to a 22-year high

CASSANDRA BALDINI  |  THURSDAY, 27 JUL 2023
The US Federal Reserve has raised interest rates by a quarter of a percentage point, taking rates to a 22-year high. Overnight, the Fed announced rates would rise to a range of 5.25% to 5.5% to continue its fight against inflation. Fed chair Jerome ...

Industry grapples with looming cyber threats

CHLOE WALKER  |  THURSDAY, 27 JUL 2023
... cybersecurity obligations, Jacobson says regulatory expectations are ramping up. "The proceedings against RI Advice are of interest because they show ASIC's appetite to take enforcement action against companies that fail to meet reasonable standards ...

Inflation falls to 6%

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... Economics partner Stephen Smith contended that today's data provides additional evidence that the RBA has raised interest rates excessively. "As Deloitte Access Economics has been warning for the past 12 months - and as the Reserve Bank's own ...

Insurance firms defy inflationary shocks

KARREN VERGARA  |  WEDNESDAY, 26 JUL 2023
... which pushes up claims inflation, reinsurance rates and ultimately insurance premiums." Further, McLean said a higher interest rate environment means insurers can earn good returns on the investment of premiums. "Overall, the outlook for their earnings ...

UniSuper awards impact mandate, inks industrial deal

CHLOE WALKER  |  TUESDAY, 25 JUL 2023
... by providing exposure to innovative companies, many of which are homegrown. Elsewhere, UniSuper has purchased a half interest in an industrial portfolio from the National Pension Service of Korea, worth more than $1 billion in its entirety. Of the 20 ...

KKR real estate arm reports $30m loss

CASSANDRA BALDINI  |  TUESDAY, 25 JUL 2023
... "KREF is operating with over $800 million of liquidity while the portfolio is generating strong income from the high-interest rate environment," he said. Meanwhile, KREF president and chief operating officer Patrick Mattson highlighted the platform's ...

New Vanguard regional ETF capital markets lead

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... months. International bond ETFs had the biggest boost of 215% year on year to finish at $763 million. "Although rising interest rates have created short-term pain for Australian investors, they have helped to improve long-term return expectations for ...

Advisers service 120 clients on average

KARREN VERGARA  |  TUESDAY, 25 JUL 2023
... occurred, 12% of advisers remain open minded about alternative platform solutions. Platform providers therefore have every interest in seeking to better understand what advisers are looking for and offer an appropriate solution that's going to best ...