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Showing 1 - 10 of 5785 results for "Money"

Coalition members call for superannuation guarantee reform

ANDREW MCKEAN  |  FRIDAY, 17 JAN 2025
... their superannuation, criticising the compulsory nature of contributions that prevent them from having a say in how their money is used until they reach 65 years of age. Labor minister for employment and workplace relations Murray Watt labelled the statements ...

Global ETF inflows hit US$2tn: ETFGI

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
Money pouring into global exchange-traded funds (ETF) hit a record high of US$1.9 trillion during 2024, new insights from research firm ETFGI shows. SSGA's SPDR S&P 500 ETF Trust (SPY) raked in the highest net inflows of US$626 billion during the ...

Dimon 'cautiously pessimistic' on US economy

KARREN VERGARA  |  FRIDAY, 17 JAN 2025
... point. I'm not against crypto. You know, Bitcoin itself has no intrinsic value. It's used heavily by sex traffickers, money launderers, ransomware," he said. "I just don't feel great about Bitcoin. I applaud your ability to wanna buy or sell ...

Why more women aren't in financial services

ELIZA BAVIN  |  FRIDAY, 17 JAN 2025
... main issue with hiring women is firms not being willing to make accommodations. "The core driver for candidates, besides money, is on the flexibility side of things," the spokesperson said. "The reality is, most companies still want people to work five ...

Industry breaks records for assets, flows, and product launches

ANDREW MCKEAN  |  TUESDAY, 14 JAN 2025
... of the year - assuming market conditions remain positive. Net flows smashed the previous record set in 2021, with net new money of $30.8 billion last year - which was double the amount received in 2023. Flows, however, remain concentrated. Vanguard ...

Dixon Advisory clients should be heard at Senate inquiry: Anderson

ANDREW MCKEAN  |  MONDAY, 13 JAN 2025
... also raised questions about how Evans and Partners explained to these clients what had happened and why they lost so much money. Additionally, he's keen to understand what remediation Evans and Partners offered, or how they suggested the losses could ...

Managed funds industry winners and losers

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
... when significant outflows from a particular fund caused a blip. Dyall said this could be explained by a few factors: the money invested in that global small-cap fund may have been converted into a mandate, meaning it was moved out of the unit trust structure ...

Court sentences Ponzi scheme promoter

KARREN VERGARA  |  MONDAY, 23 DEC 2024
... deterrent to those who operate outside of the law and whose actions can have a detrimental effect on consumers who entrust their money with others." Sipina is the third person to be sentenced for criminal offences relating to Courtenay House. Iervasi ...

Court finds CFD issuers engaged in 'unconscionable conduct'

ELIZA BAVIN  |  MONDAY, 23 DEC 2024
... customers that its interests were aligned with that of its customers. However, the court found that most customers lost money in up to 95% to 99% of cases. EuropeFX and TradeFred took the opposite position to customer trades, meaning that they profited ...

Macquarie AM puts money in Aussie real estate investment firm

MATTHEW WAI  |  THURSDAY, 19 DEC 2024
Macquarie Asset Management's Real Estate division (MAM RE) has invested in IDA - an Australian specialist real estate private credit and investment manager - via its Macquarie Real Estate Partners (MREP) fund. Under the deal, IDA founding partners ...
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