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Showing 1841 - 1850 of 28255 results for "NOT"

Magellan Financial Group 'redemption risks heightened'

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
... redemptions, given it could take time for investors to gain confidence in the new team. "While Stack's brand reputation may not hold the same weight for Magellan as Hamish Douglass once did, the reliance on predominantly less-sticky institutional ...

FSCP orders adviser to undertake further education

KARREN VERGARA  |  WEDNESDAY, 5 FEB 2025
... continuing professional education covering retirement planning in the next 12 months. The FSCP added that the adviser "did not demonstrate the FASEA Code of Ethics' Value of Diligence and failed to comply with Standard 5 which includes the requirement ...

Insignia Financial receives bid from Brookfield

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... diligence, and confirmed the same access would now be awarded to Brookfield. "The provision of limited due diligence does not guarantee that the indicative proposal will result in a binding offer or one that is capable of being recommended by the board ...

Nest to acquire 10% stake in IFM Investors

ELIZA BAVIN, MATT TOLEDO  |  WEDNESDAY, 5 FEB 2025
... Investors merging with Industry Super Property Trust. The deal was done in August 2024 after around a year of negotiations but was not publicly announced until its approval by shareholders last December. The deal added more than $21 billion to IFM's ...

Future Fund reaches value of $237.9bn

ELIZA BAVIN  |  WEDNESDAY, 5 FEB 2025
... the start of the year of a US and global economic downturn caused by rates that have been held high to lower inflation, were not realised. Inflation has moderated and economic growth, trade, employment, wages and corporate balance sheets remain in good ...

Wilson Asset Management launches Founders Fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
Wilson Asset Management has launched the Founders Fund this week, based on chair Geoff Wilson's view that founder-led companies outperform over the medium to long term. Documents on the new fund, which is backed by founder-led executives, chief executives ...

Trump orders creation of US sovereign wealth fund

ANDREW MCKEAN  |  TUESDAY, 4 FEB 2025
... TikTok being included in the sovereign wealth fund. "... we're going to be doing something, perhaps with TikTok, and perhaps not, if we make the right deal we'll do it, otherwise, we won't. But I have the right to do that," Trump said. "We might ...

FundBase to launch platform for retail access to private markets

ANDREW MCKEAN  |  MONDAY, 3 FEB 2025
FundBase, an investment fund infrastructure provider, is launching a platform to give Australian retail investors access to private markets. The company said it will be the first to offer local retail investors entry into private markets, which have ...

CSLR review will scrutinise effect on businesses

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... immediately declare their intentions for what will happen to the $50 million of costs that are above the sector cap. It must not be the blameless small business financial advice profession that pays this huge bill, when the people who caused this problem ...

ASIC initiates ASX outage probe

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
... "technical issue" on its CHESS Batch Settlement that disrupted and delayed several days' trade settlements. The bourse did not identify the issue until two days after it occurred. Today, the ASX said it has been notified by ASIC that it has commenced ...