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Showing 2221 - 2230 of 28255 results for "NOT"

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
The amount of money held in managed accounts surpassed $205 billion in the first half of the year. According to the FUM Census of Managed Accounts, compiled by the Institute of Managed Account Professionals (IMAP) and Milliman, in the six months to ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... lower-credit and less-liquid bond broadly outperformed. "Since both are often seen as sources of potential excess returns, it may not be surprising that the US dollar and Euro-denominated fixed income markets hosted some of the most fertile grounds for ...

Charges dropped against Macquarie adviser

KARREN VERGARA  |  TUESDAY, 8 OCT 2024
... (CDPP) offered no evidence. Financial Standard contacted the CDPP, which declined to provide further details as to why it did not provide any evidence. The court subsequently dismissed all charges and discharged Acworth. He was charged with 27 offences ...

AFCA consults on revised superannuation death benefits

MATTHEW WAI  |  TUESDAY, 8 OCT 2024
The Australian Financial Complaints Authority (AFCA) is seeking feedback on how it approaches superannuation death benefits in hopes to reduce disputes and misunderstandings when processing such complaints. This follows on from another consultation ...

FCX granted 'historic' market licence by ASIC, RBA

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... distributed ledger enabled, fully regulated private market. FinClear chief executive David Ferrall said this is a pivotal moment not only for Australia's private companies and capital markets but for financial markets globally. "The licences set ...

MFF Capital Investments to acquire Montaka Global Investments

ANDREW MCKEAN  |  TUESDAY, 8 OCT 2024
... compared with investors' direct holdings, including materially reduced paperwork (domestic and overseas) and investors do not incur direct tax for each profitable sale decision." MFF chair Annabelle Chaplain noted that in recent years Montaka Global's ...

QIC makes history with $900m sale

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
... sale is the retail deal of the year. "This sale, while still subject to FIRB approval, further showcases QIC's ability to not only drive performance through active management, but to also deliver successful transactions on behalf of investors when the ...

RBA feels 'not enough has changed'

ELIZA BAVIN  |  TUESDAY, 8 OCT 2024
The Reserve Bank of Australia (RBA) board has held strong on its standpoint that an interest rate cut is not yet on the cards, as it released minutes from the September meeting. The board said that while inflation had been slowly coming back into the ...

Australia's best-performing super fund says no to crypto

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
Colonial First State (CFS), the best-performing super fund of the last financial year, has ruled out the idea of adding crypto to its investment portfolio. Despite its popularity, with nearly five million Australians owning crypto, CFS chief investment ...

VFMC fills new head of asset classes role

ANDREW MCKEAN  |  FRIDAY, 4 OCT 2024
Victorian Funds Management Corporation (VFMC) has tapped an internal candidate to step into the newly minted role of head of asset classes. Mark Aarons has been chosen to take on the role. Aarons joined VFMC in the role of head of investment risk in ...