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Showing 161 - 170 of 16683 results for "Investors"

Magellan names Rahmani as new chief, reports NPAT lift

JAMIE WILLIAMSON  |  THURSDAY, 15 FEB 2024
... prior corresponding period. Meantime, Magellan also announced plans to launch the Magellan Unconstrained Fund to retail investors. A global equities strategy, the fund will be managed by Alan Pullen and has been running for about two years. The group ...

AI poses potential challenge to financial stability: Gensler

ANDREW MCKEAN  |  WEDNESDAY, 14 FEB 2024
... earnings calls and board meetings for material impact. He underscored the necessity for firms to clearly articulate to investors the role and scope of AI within their operations, including whether it's internally developed or externally sourced. "Investment ...

Indexed strategies to hit $1tn in two years

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... explaining the indexing phenomenon. Instead, the power of ETFs is that they dramatically simplify how retail and wholesale investors can access the low-cost, high-value investment sector," he said. In the 12 months to September 30, Rainmaker found that ...

AMP chair steps down

KARREN VERGARA  |  WEDNESDAY, 14 FEB 2024
... Hayne Royal Commission. She took over as chair in August 2020. She replaced Catherine Brenner who left in the hope that investors could regain confidence in AMP following shock revelations at the hearing. Hazelton is the former chief executive of Mizuho ...

New chair for iExtend

CHLOE WALKER  |  WEDNESDAY, 14 FEB 2024
... Cassidy founded private equity firm, The Sentient Group in 2001. The Sentient Group manages capital for institutional investors such as endowments, family offices, pension funds, sovereign wealth funds and insurance companies in the USA, Europe and the ...

Former director pleads guilty to hedge fund con

JAMIE WILLIAMSON  |  WEDNESDAY, 14 FEB 2024
... than $400,000 for the purpose of investing before spending it all elsewhere and paying back just 1% of the total to investors. Russell Sandiford has pleaded guilty to two counts of dishonest conduct in relation to a financial product or service. He first ...

Too many Aussies eligible for wholesale products: FSC

ANDREW MCKEAN  |  TUESDAY, 13 FEB 2024
... changes, the FSC also recommended a two-year transition period alongside grandfathering provisions for existing wholesale investors. These investors would be permitted to reinvest distributions and make new investments under their current status, ensuring ...

Claremont Global launches ETF range

CHLOE WALKER  |  TUESDAY, 13 FEB 2024
Retail investors can now gain access to the unhedged Claremont Global Fund (CGUN) and the hedged Claremont Global Fund (CGHE) on the ASX. Claremont Global head and co-portfolio manager Bob Desmond said its decision to target the retail market is due ...

Crypto fintech needed AFSL, court says

JAMIE WILLIAMSON  |  MONDAY, 12 FEB 2024
... court win in relation to cryptocurrency, with fintech Block Earner found to have offered a financial product to retail investors without a licence. However, it was a mixed outcome for the regulator, with another allegation quashed. The federal court ...

Grok Ventures appoints new chief executive

RACHEL ALEMBAKIS  |  FRIDAY, 9 FEB 2024
... climate infrastructure is going to require trillions of dollars in private capital," Kwong-Law said. "However, larger investors won't fund these companies until the tech is proven at scale. This is the gap we are trying to fill, by investing early ...