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Showing 241 - 250 of 4768 results for "Reserve"

Jones clarifies scope of new class of adviser

ANDREW MCKEAN  |  FRIDAY, 28 MAR 2025
Minister for financial services Stephen Jones has ruled out talk that the new class of adviser could provide holistic personal retirement advice and acknowledged the need to reform the Compensation Scheme of Last Resort (CSLR) during a post-budget briefing ...

Trump Media to launch ETFs

ANDREW MCKEAN  |  WEDNESDAY, 26 MAR 2025
Trump Media and Technology Group, the operator of social media platform Truth Social, has signed a non-binding agreement with Crypto.com to roll out a suite of branded ETFs through Truth.Fi, its financial services and fintech brand launched in January. ...

Roc Partners launches new PE fund

ELIZA BAVIN  |  TUESDAY, 25 MAR 2025
Roc Partners has launched a new evergreen private equity fund, which it said is the first of its kind in Australia. The Roc Summit Private Equity Fund aims to provide access to a diversified portfolio of primarily Australian and New Zealand private ...

SQM places private credit sector on watch

MATTHEW WAI  |  FRIDAY, 21 MAR 2025
... markets, particularly private credit where the corporate watchdog is paying heightened attention to. According to the Reserve Bank of Australia (RBA), the private credit sector amounts to about $40 billion, compared to ASIC's estimate of between $1.8 ...

Canada pension fund hires ex-CalPERS CIO

ELIZABETH FRY  |  THURSDAY, 20 MAR 2025
... country's capital account. Further, he served as deputy chief investment officer at the $3.2 trillion foreign exchange reserve. He is currently a member of the ESG Advisory Council of Novata, a company that empowers the collection, analysis, benchmarking ...

Wilson AM to launch first monthly LIC strategy

MATTHEW WAI  |  THURSDAY, 13 MAR 2025
... franked income and an avenue of diversification for Australian retail investors," Wilson said. The LIC will target the Reserve Bank of Australia's cash rate plus 2%, aiming to return over 6% per annum including franking credits. WMX is the ninth ...

Vanguard rejigs Ethically Conscious options

KARREN VERGARA  |  TUESDAY, 11 MAR 2025
... products. Previously, thermal coal, oil, and gas business involvement was identified using industry classifications and reserve ownership. "Prior to the change, oil and gas business involvement was identified using industry classifications which meant ...

War on inflation: Australia vs New Zealand

ELIZA BAVIN  |  WEDNESDAY, 5 MAR 2025
In the battle against inflation, the Reserve Bank of Australia (RBA) and Reserve Bank of New Zealand (RBNZ) took different approaches. Now that inflation has cooled, HSBC chief economist Paul Bloxham has examined which approach was better. "At the end ...

RBA 'not committed' to further rate cuts

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
The Reserve Bank of Australia (RBA) has confirmed it considered leaving interest rates on hold last month, but ultimately concluded the arguments for a cut were more weighted. However, despite deciding to deliver the interest rate relief, the central ...

Treasury responds to CHESS replacement inquiry

ELIZA BAVIN  |  TUESDAY, 4 MAR 2025
... Services) Instrument 2024, which entered into force on 14 May 2024. Treasury supported the recommendation that ASIC and the Reserve Bank of Australia (RBA) continue to monitor the current CHESS system. Likewise, of the recommendations Treasury noted ...