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| | | ... Report projected that the market would hit $6.6 trillion (US$4 trillion) by 2030, at a compound annual growth rate of 18% over the next five years. The Asia Pacific region currently leads global data centre investment, capturing $25.8 billion (US$15.5 ... |
| | | | Three AFS licensees - Australian Advice Network, IA Advice, and Sherrin Partners Services - have copped infringement notices from ASIC after their financial advisers provided personal advice while unregistered. Each licensee paid a $31,300 penalty in ... |
| | | | ... beginning to turn, according to Cbus deputy chief investment officer Leigh Gavin. Gavin said conditions have changed considerably over the past three months, and that when markets mean revert, the story can change a lot. Here's how he's positioning the ... |
| | | | ... the firm's founding in 2016" as per its Global Equity strategy. "However, our positioning is always fluid and will change over time, and it may do so meaningfully over short periods," the fund manager said. Net inflows amounted to US$1.8 billion in the ... |
| | | | ... "significant market volatility potentially causing increased member engagement." Cbus confirmed the incident was reported to APRA over the weekend and has also been passed on to the Australian Cyber Security Centre. "The fund is continuing to investigate ... |
| | | | ... currently are under the Platinum schemes." PM Capital also said it has "very limited engagement with the boards of PMC and PAI" over the six weeks since it made its proposal, despite the "explicit fiduciary carve-out" in the Platinum schemes which did ... |
| | | | ... 5. Treasury flagged that economic activity, commodity prices and inflation are particularly at risk of destabilisation. "Over the past few days, there have been significant falls in oil prices and a depreciation of the Australian dollar. Both developments ... |
| | | | New estimates from the Association of Superannuation Funds of Australia (ASFA) show less than 5% of eligible first homebuyers would actually benefit from an early access scheme. For years now, the Coalition has pushed its 'super for housing' policy ... |
| | | | ... So, our probabilities of a recession have been upgraded." Pearce said the worst-case scenario would be a drawn-out battle over the tariffs, where countries like China or those in Europe refuse to go to the negotiating table with the US. "To date, we ... |
| | | | ... however, stood out as an outlier among this group of fund managers. La Trobe's 12-Month Term Account fund alone, which holds over $9 billion in assets and charges a 1.8% fee, generated $170.2 million in fee revenue - far surpassing any other individual ... |
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