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Showing 171 - 180 of 1583 results for "valuation"

Selfwealth to proceed with Svava proposal

MATTHEW WAI  |  WEDNESDAY, 26 FEB 2025
... be making a counterproposal. "The decision not to make a counterproposal was made with consideration to our assessed valuation of Selfwealth, the risks associated with an anticipated lower interest rate cycle, current market conditions and the competitive ...

Northern Trust lands another mandate

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
Northern Trust has been selected to provide global custody and valuation reporting services for Generation Life. With the new remit, Northern Trust will provide support to $1.5 billion ( as of 31 January 2025 ) of Generation Life's portfolio assets ...

AI is not a bubble: ECP Asset Management

ELIZA BAVIN  |  TUESDAY, 25 FEB 2025
ECP Asset Management principal, investments Justin Warton told Financial Standard that the artificial intelligence (AI) boom is still getting started, despite heightened valuations. "The market has seen this movement towards generative AI, and I think ...

RBA delivers 'cautious' cut, road ahead unclear

ELIZA BAVIN  |  WEDNESDAY, 19 FEB 2025
The Reserve Bank of Australia (RBA) cut the cash rate by 25 basis points, bringing the official interest rate down to 4.1%. While the cut was widely expected, the RBA was quick to diffuse any hopes of a quick cutting cycle. "A range of indicators suggest ...

UniSuper prepared for buying opportunities

ELIZA BAVIN  |  TUESDAY, 18 FEB 2025
UniSuper chief investment officer John Pearce has provided an outlook for markets in the year ahead, with a positive yet subdued sentiment. Pearce said that while 2023 and 2024 were both bumper years for markets - with returns greater than 20% - he ...

CBA's 'Cinderella story' over: Analysts

ELIZA BAVIN  |  THURSDAY, 13 FEB 2025
... $165. VanEck senior portfolio manager Cameron McCormack said while the result was positive, market sentiment towards the valuation has been shifting for some time. "CBA's gravity-defying rally has been the subject of much conjecture over the last ...

Pinnacle delivers 'flawless' half-year performance: Analyst

KARREN VERGARA  |  THURSDAY, 6 FEB 2025
... said markets were broadly supportive in the first half, whilst the depreciation of the AUD against the USD boosted the valuation of USD denominated assets. "Against that backdrop, however, we have still not seen a significant improvement in appetite ...

Fixed income drives managed fund surge

ROSE MARY PETRASS  |  THURSDAY, 6 FEB 2025
New Calastone data has found managed funds inflows grew five-fold in 2024, reaching $13.8 billion, with nearly all directed to fixed income funds. Globally, fund flows also saw a substantial increase. Fixed income, equity and mixed asset funds attracted ...

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
Mayhem erupted on Wall Street on Monday (local time) after Chinese-owned DeepSeek burst onto the artificial intelligence (AI) scene, wiping $1 trillion off chip maker Nvidia. AustralianSuper holds around $2 billion of Nvidia shares in its balanced option ...

Martin Currie adds to active ETF stable

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
A new Martin Currie active ETF, which invests in local and global real asset securities, was admitted on the ASX today under the ticker R3AL. The Martin Currie Real Income Fund - Active ETF aims to provide a pre-tax income yield above the S&P/ASX 200 ...