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Showing 2661 - 2670 of 28255 results for "NOT"

Fidelity shutters, delists funds

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... about $186.50 million and returned 8.95% p.a., nearly in line with its benchmark's 9.07 % p.a. "The above change will not result in any change to the investment approach, objective or benchmark of the Fund. The Fund's current Portfolio Manager ...

Private markets demand cools: bfinance

KARREN VERGARA  |  TUESDAY, 21 MAY 2024
... capital raising was dominated by buyout activity (60% of the total). The surge of secondaries capital raising during 2023 did not flow through to 1Q24, amounting to only US$15 billion or 7% of the total raised during the quarter. Over the last five years ...

Another corporate fund bites the dust

JAMIE WILLIAMSON  |  MONDAY, 20 MAY 2024
... contributions to the plan. As such, its trustee Willis Towers Watson will terminate the fund, effective July 31. "The decision was not an easy one for Nissan and was made after careful consideration of the ongoing viability of the plan. It has been necessary ...

BitConnect promoter pleads guilty

KARREN VERGARA  |  MONDAY, 20 MAY 2024
... platform enabled lenders to invest or loan BCC for fixed terms in exchange for promised high interest rates. Investors did not control their loans once invested, nor could they withdraw their capital investment until the expiry of the lending period ...

Loomis Sayles brings global bond fund to Australia

ANDREW MCKEAN  |  MONDAY, 20 MAY 2024
Loomis Sayles & Company, an affiliate of Natixis Investment Managers, has launched its Global Bond Fund for Australian wholesale investors. The fund seeks to provide diversified fixed income opportunities by combining macro themes and a bottom-up approach ...

Liberals respond to Federal Budget

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... increase to 150,000 in the third year and 160,000 in the fourth year. However, on Nine's Today show this morning, Dutton did not provide specific numbers on homes sold to foreign buyers each year.

Social media influencers charged for promoting shady investments

ANDREW MCKEAN  |  FRIDAY, 17 MAY 2024
... Magistrates' Court on June 13. Earlier this year, the FCA clarified that all financial promotions must be fair, clear, and not misleading across all advertising channels, including social media. The regulator said that promotions should present a ...

Sequoia seeks Takeovers Panel intervention

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... increases in collective voting power above 20% in the company and breaches Corporations Act section 606. While Sequoia is not seeking interim orders, the panel said it wants the shareholders to "give Sequoia a corrective substantial shareholder notice ...

Magellan advances MGF conversion to open class

KARREN VERGARA  |  FRIDAY, 17 MAY 2024
... unit as of May 16 was $2.24. It invests in a concentrated portfolio of 20-40 companies and seeks to achieve risk-adjusted not benchmark-relative returns. MGF aims to deliver 9% p.a. net of fees over the economic cycle. Top holdings include Amazon, semiconductor ...

Crescent Capital sells down ClearView stake

ELIZA BAVIN  |  FRIDAY, 17 MAY 2024
... writing and which is subject to a number of customary exceptions," ClearView said. While Crescent has advised that it does not hold a controlling stake of ClearView, it has requested ClearView issue a 'cleansing notice' due to the substantial aggregate ...