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Showing 181 - 190 of 1557 results for "Round"

Most trustees pass Canva valuation test: APRA

KARREN VERGARA  |  MONDAY, 4 SEP 2023
... according to a Morningstar note. T. Rowe Price slashed its valuation by 67% last year after leading a US$200 million funding round in the year prior that took Canva's valuation to new heights of US$40 billion. Aware Super is currently invested in Canva ...

Financial Standard kicks off Power50 voting

JAMIE WILLIAMSON  |  MONDAY, 21 AUG 2023
... practice, or revolutionising and democratising financial advice for the masses. All advisers who have progressed to the voting round have been vetted against ASIC's Financial Advisers Register and confirmed as licensed to provide personal financial ...

ASX appoints former ASIC chair to lead advisory group

CASSANDRA BALDINI  |  THURSDAY, 3 AUG 2023
Alan Cameron will serve as independent chair and lead the stakeholder group responsible for advising the ASX's clearing and settlement boards during their efforts to rectify the CHESS replacement debacle. The ASX said members of its advisory group ...

Mercer picked to advise Pengana Credit

CASSANDRA BALDINI  |  WEDNESDAY, 26 JUL 2023
... worth investors." As previously announced in April, the launch of Pengana Credit was preceded by a $200 million seed funding round poured into the new business by partner Washington H. Soul Pattinson (WHSP). "Private credit has seen phenomenal growth ...

ASIC to host CHESS replacement roundtable

CHLOE WALKER  |  MONDAY, 17 JUL 2023
ASIC has agreed to host a roundtable to discuss the ASX's CHESS replacement project, attended by industry participants of the bourse's choosing. ASIC proposed the group be independently chaired and "advise on significant strategic clearing and ...

Australian ETF industry crosses $150bn milestone

ANDREW MCKEAN  |  THURSDAY, 13 JUL 2023
... has been the most popular asset class with investors, receiving $2.5 billion in net inflows. Australian equities and cash round out the top three exposures with $1.6 billion and $688 million in net inflows this year respectively. Also, despite global ...

16% of asset managers to exit by 2027: PwC

ANDREW MCKEAN  |  MONDAY, 10 JUL 2023
... wealth management industry is also expected to become more concentrated, with the top 10 asset managers projected to control round half of all mutual fund assets globally by 2027. This concentration could intensify competition and put further pressure ...

Government cracks the whip on multinationals

ANDREW MCKEAN  |  MONDAY, 26 JUN 2023
The government has introduced a new Bill to tackle corporate tax avoidance, particularly among multinational enterprises. The bill mandates enhanced tax transparency for multinational corporations operating within Australia, making it more difficult ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
... which saw total positive inflows of $28 billion. Exchange-traded products and fixed interest were the winners in the latest round of reporting. Betashares products raked in $3.2 billion, followed by Macquarie with $2.6 billion and VanEck with $1.9 billion. ...

Consulting triopoly dominates NFP super

JAMIE WILLIAMSON  |  WEDNESDAY, 24 MAY 2023
Australia's top three asset consultants dominate the not-for-profit superannuation sector, serving 84% of the market. According to Rainmaker Information, JANA, Frontier and Willis Towers Watson (WTW) now control 84% of the advised NFP superannuation ...