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Showing 1 - 10 of 25600 results for "NOT"

Super funds to solve the housing crisis?

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... the supply side instead of pulling on the demand lever, especially for first homeowners. "It doesn't work and it's not fair." Delahunty added that she feels "our generation has done a disservice to the youth," lamenting that we're now having ...

Industry fund merger postponed

ANDREW MCKEAN  |  TUESDAY, 21 MAY 2024
... the super funds announced that their merger to form TEAM Super has been rescheduled from early 2024 to early 2025. They did not offer an explanation for the delay. Nevertheless, Mine Super chair Christina Langby and TWUSUPER chair Nick Sherry said that ...

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... about $186.50 million and returned 8.95% p.a., nearly in line with its benchmark's 9.07 % p.a. "The above change will not result in any change to the investment approach, objective or benchmark of the Fund. The Fund's current Portfolio Manager ...

Private markets demand cools: bfinance

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... capital raising was dominated by buyout activity (60% of the total). The surge of secondaries capital raising during 2023 did not flow through to 1Q24, amounting to only US$15 billion or 7% of the total raised during the quarter. Over the last five years ...

Another corporate fund bites the dust

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... contributions to the plan. As such, its trustee Willis Towers Watson will terminate the fund, effective July 31. "The decision was not an easy one for Nissan and was made after careful consideration of the ongoing viability of the plan. It has been necessary ...

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... platform enabled lenders to invest or loan BCC for fixed terms in exchange for promised high interest rates. Investors did not control their loans once invested, nor could they withdraw their capital investment until the expiry of the lending period ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
Loomis Sayles & Company, an affiliate of Natixis Investment Managers, has launched its Global Bond Fund for Australian wholesale investors. The fund seeks to provide diversified fixed income opportunities by combining macro themes and a bottom-up approach ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... increase to 150,000 in the third year and 160,000 in the fourth year. However, on Nine's Today show this morning, Dutton did not provide specific numbers on homes sold to foreign buyers each year.

Social media influencers charged for promoting shady investments

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... Magistrates' Court on June 13. Earlier this year, the FCA clarified that all financial promotions must be fair, clear, and not misleading across all advertising channels, including social media. The regulator said that promotions should present a ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... increases in collective voting power above 20% in the company and breaches Corporations Act section 606. While Sequoia is not seeking interim orders, the panel said it wants the shareholders to "give Sequoia a corrective substantial shareholder notice ...
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