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Showing 2231 - 2240 of 20552 results for "BEN"

Labor strengthens economic equality initiatives

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
Women facing disadvantage are poised to benefit from this year's budget, as Labor promises to expand initiatives introduced in October 2022 that aim to tackle economic inequality. Federal treasurer Jim Chalmers introduced a number of measures on ...

Boutique appoints head of distribution

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
... adviser, their practice and most importantly their client which really underpins what we do here," Miles said. Gamboa replaces Ben Dixon who served in the role since 2020. He recently joined private lender Koa Capital as distribution director. Innova ...

Another round of consultation for veteran super taxation

JAMIE WILLIAMSON  |  TUESDAY, 9 MAY 2023
The government has commenced consultation on new draft regulations related to the Douglas decision, adding to the regulations introduced to parliament late last year. In November 2022, the government introduced legislation aimed at ensuring no veteran ...

Qualitas signs $1bn credit mandate

JAMIE WILLIAMSON  |  MONDAY, 8 MAY 2023
A global institutional investor will incrementally drip $1 billion into Australian commercial real estate (CRE) private credit opportunities via Qualitas. The unnamed investor will make investments in tranches, starting with $220 million to be seeded ...

BlackRock to list low-cost property and infrastructure ETFs

CHLOE WALKER  |  MONDAY, 8 MAY 2023
BlackRock will launch two new core ETFs, the iShares Core FTSE Global Infrastructure (AUD Hedged) ETF (GLIN) and the iShares Core FTSE Global Property ex Australia (AUD Hedged) ETF (GLPR). The ETFs will be priced at 20 basis points (or 0.20%), an amount ...

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
A man and his father-in-law were charged by the US regulator for running a $30 million Ponzi scheme in which they targeted churchgoers, gaining their trust with claims their wealth and success was due to divine intervention. According to the SEC, between ...

Liontrust, GAM to create $100bn fund manager

KARREN VERGARA  |  FRIDAY, 5 MAY 2023
Liontrust Asset Management will acquire Zurich-based GAM to create a nearly $100 billion (£53bn) entity. GAM, which has about $39.3 billion (£20.9bn) in assets under management and is listed on the SIX Swiss Exchange, said that it is in favour of ...

US Federal Reserve hikes interest rates

ANDREW MCKEAN  |  THURSDAY, 4 MAY 2023
In a widely anticipated move, the US Federal Reserve has raised interest rates by 25 basis points, elevating the target range to 5% - 5.25%, marking the highest level in 16 years. The central bank's decision comes as part of its ongoing commitment ...

Kilter Rural launches $500m agriculture fund

CHLOE WALKER  |  THURSDAY, 4 MAY 2023
The Kilter Agriculture Fund is set to launch this month, providing investors access to institutional quality farmland aggregation in the New South Wales Riverina. The initiative will see an initial purchase of 7000 hectares grow to an aggregation of ...

Finfluencer receives jail sentence

CASSANDRA BALDINI  |  THURSDAY, 4 MAY 2023
A finfluencer who used social media to manipulate the share price of 20 different listed stocks was handed jail time and a $40,000 fine. Gabriel Govinda, known online as Fibonarchery, received two and a half years imprisonment for market manipulation ...