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Showing 271 - 280 of 3870 results for "Point72"

Short-termism damaging Australian economy: CEDA

ELIZA BAVIN  |  TUESDAY, 27 AUG 2024
Australia must move beyond pervasive short-termism and lift its policy ambitions if the nation is to reach its economic potential, according to the Committee for Economic Development of Australia (CEDA). "Our record of almost three decades of economic ...

'Opaque asset class' needs regulation: Datt Capital

MATTHEW WAI  |  MONDAY, 26 AUG 2024
The investment manager is advocating for greater regulatory oversight of the private credit sector, pushing for a more secure and transparent investment environment. Labelling the asset class as "opaque," Emanuel Datt, chief investment officer at Datt ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

Dimensional to launch three more ETFs

KARREN VERGARA  |  MONDAY, 12 AUG 2024
Dimensional Fund Advisors (DFA) is converting three additional products to dual-access funds, which it hopes will start trading as ETFs as early as next week. The Dimensional Australian Value Trust, Global Value Trust, and Global Small Company Trust ...

What Yarra Capital is buying in the dip

ELIZA BAVIN  |  THURSDAY, 8 AUG 2024
Global markets were rocked at the start of this week over fears of a potential US recession after a higher-than-expected jump in US unemployment figures. But Yarra Capital head of macro and strategy Tim Toohey said while the risk of a recession in the ...

AFSLs can lose licence on CSLR intervention

KARREN VERGARA  |  WEDNESDAY, 7 AUG 2024
AFS Licensees (AFSLs) and their professional indemnity insurers (PII) that fail to pay a determination will potentially see their licence revoked if the Compensation Scheme of Last Resort (CSLR) has to intervene. CSLR chief executive David Berry warned ...

Markets melt down over 'premature' recession fears

ELIZA BAVIN  |  TUESDAY, 6 AUG 2024
The ASX had its worst day since March 2020 yesterday, wiping $102 billion as investors got the jitters over a potential US recession. Mediocre jobs data released in the US sparked recession fears with investors also concerned the Federal Reserve is ...

ESSSuper appoints two executives

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
ESSSuper appointed its inaugural chief member officer and recruited a new chief financial officer, both of whom have extensive experience in the industry fund sector. Becoming the first chief member officer for the $35 billion super fund, Stuart Wilkinson ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
The seasonally adjusted unemployment rate rose by less than 0.1 percentage point to 4.1% in June, according to data released by the Australian Bureau of Statistics (ABS). While a lower unemployment rate is normally a good sign for the economy, VanEck ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
The cancellation of "golden visas" could be dire for fund managers' business models as the industry hopes the government will unveil another iteration of the Significant Investor Visa (SIV) that have attracted massive inflows from rich investors. ...