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Showing 241 - 250 of 3870 results for "August"

APRA hits ANZ with $1bn capital penalty

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... of these weaknesses. However, the regulator said it has observed that the weaknesses remain present across the bank. In August 2024, APRA announced several measures in response to the serious issues relating to employee conduct and non-financial risk ...

RBA flags concerns over 'geopolitical uncertainties'

ELIZA BAVIN  |  WEDNESDAY, 2 APR 2025
... the bank expects three more rate cuts this year. "Our base case is for the RBA to deliver further 25bp rate cuts in May, August and November for an end year cash rate of 3.35%," Aird said.

HMC Capital to launch new private equity vehicle

MATTHEW WAI  |  TUESDAY, 1 APR 2025
... investments up to 10 positions - delivered more than 55% net returns in 2024, and returned 35% p.a. since its inception in 31 August 2022. Following a review, the trustees of HMCCP Fund I wanted to re-weight future investment into unlisted opportunities ...

Queensland adviser banned for five years

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... five years, though some exemptions were allowed. The banning has taken effect on March 24 but allows Thomson to: until 31 August 2025, control, whether alone or in concert with one or more other entities, each of Balanced Life Financial Group Pty Ltd ...

AMP introduces geared retirement options

MATTHEW WAI  |  MONDAY, 31 MAR 2025
... Betashares' Dynamic Managed Accounts range to North, as well as jointly launching a series of Federated Managed Accounts in August. AMP general manager of managed portfolios and investments David Hutchison said the firm is thrilled to be offering a "unique" ...

Canada pension fund hires ex-CalPERS CIO

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... addressing climate change challenges and opportunities, pushing for more corporate reporting on sustainability. However, in August 2020, Meng resigned amidst allegations that he had made incomplete public disclosures about his own private equity investments ...

RBA forecasting has been 'terrible': Yarra Capital Management

MATTHEW WAI  |  THURSDAY, 20 MAR 2025
... wrong last year, but we think the RBA got it wrong." He said the RBA should have lowered the interest rate as early as August last year. Despite a later rate cut comparing to most central banks around the world, Australia is positioned "bang in the middle" ...

Korean pension fund takes $50m stake in Metrics

ELIZA BAVIN  |  FRIDAY, 14 MAR 2025
... million. This comes seven years after Pinnacle Investment Management paid $46 million for a 35% equity interest back in August 2018. NPS acquired its stake through a strategic partnership with Townsend Group, with proceeds from the investment supporting ...

BUSSQ abandons appeal, concedes to licence conditions

ANDREW MCKEAN  |  THURSDAY, 13 MAR 2025
... conditions, caving to the regulator's edict. At the same time, APRA has tweaked the conditions it slapped on BUSSQ last August, which force the fund to hire an independent party to probe its fit and proper processes and expenditure management practices. ...

Westpac's Yetton chooses to move on

ANDREW MCKEAN  |  FRIDAY, 7 MAR 2025
... consumer banking Jason Yetton has left the bank, prompting a search for his successor. Yetton led the consumer division since August 2023 after three years leading the bank's specialist business and group strategy. This period marks Yetton's ...