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Showing 191 - 200 of 4753 results for %22Class%22

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
J.P. Morgan Asset Management is poised to transform its alternative investment offering into an "evergreen solution" designed to democratise access to asset classes - previously exclusive to institutional investors - to wholesale clients. The asset ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... slowdown, and housing markets stresses are starting to show up. Consumer spending is also softening out." Goh said at an asset class level, underweighting equities and being a bit more conservative on equity holdings, will put abrdn in a "good position ...

Australia a central focus for alternatives: Apollo

CASSANDRA BALDINI  |  FRIDAY, 10 NOV 2023
... investments are currently receiving considerable attention but emphasised that the Australian market has been across the asset class for some time. "Australian investors seem to be a little bit further down the path in accepting new structures that are ...

Wealth managers seek better data warehouse solutions: BNP Paribas

CHLOE WALKER  |  FRIDAY, 10 NOV 2023
Wealth managers are increasingly demanding better ways to access and utilise data from their custodians and expect advances in artificial intelligence (AI) to make this possible, according to BNP Paribas. "They want to know what we know and what we ...

More than $17m paid in CFD-related remediation

JAMIE WILLIAMSON  |  THURSDAY, 9 NOV 2023
More than $17.4 million has been made in compensation payments to retail clients affected by legal breaches by eight retail OTC derivative issuers, $13 million of which was paid by Binance alone. ASIC said the payments have been made to more than 2000 ...

Vanguard Super institutes advice fee function, tweaks options

ANDREW MCKEAN  |  WEDNESDAY, 8 NOV 2023
... can't exceed 2% of the account balance or exceed $6000 in any given financial year. Vanguard has also introduced a new asset class - Australian government bonds - to its ethically conscious growth investment option. This addition has led to an adjustment ...

Potential reporting relief for trustees: ASIC

CHLOE WALKER  |  TUESDAY, 7 NOV 2023
... public by trustees must align with information provided to the Australian Prudential Regulation Authority (APRA). The ASIC Class Order [CO 14/541] was first launched in 2013 and aims to provide relief from this section of the SIS Act. ASIC said the exemption ...

Westpac reports $7.2bn profit

KARREN VERGARA  |  MONDAY, 6 NOV 2023
... billion. Elsewhere, the bank has not quantified the liability for one of its lawsuits. On 5 October 2023, Westpac defended a class action in the Federal Court of Australia against BT Funds Management (BTFM), Westpac Securities Administration (WSAL) and ...

Hejaz rolls out Australia's first Sukuk ETF

ANDREW MCKEAN  |  THURSDAY, 2 NOV 2023
... afford Australian Muslims the opportunity to increase their wealth in alignment with their faith, through access to "world-class" financial products. "The Hejaz Sukuk Active ETF (Managed Fund) fills a substantial gap in the market by enabling Muslims ...

La Trobe reveals global strategy, partners

CASSANDRA BALDINI  |  THURSDAY, 2 NOV 2023
... committed to the Australian market and La Trobe Financial is high-quality and a key strategic partner in bringing our world-class expertise to Australian investors," he said. Talking to the company scale, Andrews noted La Trobe has $18 billion in assets ...