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Showing 161 - 170 of 1485 results for "Master"

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
The Federal Court has made orders against two individuals in connection to ASIC's investigation into the Shield Master Fund collapse. The $480 million Shield Master Fund collapse will likely see its 5800-plus investors cop significant losses, with the ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
Macquarie Group has terminated the Macquarie Master Capital Stable Fund, claiming the fund does not have "sufficient scale" to remain viable. The bank has commenced the wind-up of the fund's assets and unitholders' share of the net proceeds of the termination ...

Insignia Financial improves losses amid takeover

JAMIE WILLIAMSON  |  THURSDAY, 20 FEB 2025
... largely due to growth in the managed accounts business, and operating expenses improved 18.3% at $50 million. Finally, the Master Trust business had an 8.8% increase in net revenues to $372.8 million, UNPAT jumped nearly 33% to $90.6 million, and operating ...

Global tariffs to spike under Trump: Economist

KARREN VERGARA  |  WEDNESDAY, 19 FEB 2025
Global tariffs could balloon to levels not seen since the turn of the century and result in higher inflation and interest rates, according to a top economist. Speaking at Financial Standard's Chief Economists Forum yesterday, Barrenjoey chief economist ...

Why the RBA should not cut rates

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
Barrenjoey chief economist Jo Masters believes the Reserve Bank of Australia (RBA) should hold off on making an interest rate cut today. Speaking at the Financial Standard Chief Economists Forum in Sydney, Masters said that while the market is pricing ...

Housing construction lags broader economy by 49%: PC

KARREN VERGARA  |  MONDAY, 17 FEB 2025
... but this has come at too high a cost to consumers and has slowed the supply of new housing." Commenting on the report, Master Builders Australia chief executive Denita Wawn said: "Just like the housing crisis, there is no silver bullet to solving woeful ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... curb financial advice misconduct that is occurring at an "industrial scale". "Our ongoing investigation into the Shield Master Fund is one such example - though regrettably it's not an isolated one. It reflects a pattern of conduct we are seeing all ...

Bain Capital improves Insignia Financial bid

JAMIE WILLIAMSON  |  THURSDAY, 23 JAN 2025
... Private Equity Co-investment Fund, with investment from high-net-worths and small institutions, it said. Elsewhere, the master trust business saw an increase in its funds under administration (FUA) of $1.5 billion, offset by net outflows of $665 million ...

Dixon Advisory clients should be heard at Senate inquiry: Anderson

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
Financial Advice Association Australia (FAAA) general manager of policy, advocacy, and standards Phil Anderson has urged the Senate Committee inquiry into Dixon Advisory to hear from ex-clients. Anderson said it should never be forgotten that it's ...

Superhero Super assets to swell via fund transfer

JAMIE WILLIAMSON  |  FRIDAY, 20 DEC 2024
... Super. Members have now been informed that Slate Super and Simple Choice Super - both sub-plans of the Grosvenor Pirie Master Superannuation Fund - Series 2 and both owned by MYOB's FlareHR - will transfer to Superhero Super, which is a plan under ...