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Showing 301 - 310 of 4060 results for "PAI"

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
Labor frontbencher, assistant treasurer and minister for financial services Stephen Jones is retiring from politics and will not contest the upcoming federal election. Jones spent 15 years as the member for Whitlam - covering Illawarra and the Southern ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
Treasurer Jim Chalmers has boasted about Labor's policies after the latest CPI reading from the Australian Bureau of Statistics (ABS) reported underlying inflation was now at its lowest point in three years. "Our headline inflation is now lower than ...

Binance Labs becomes a family office

KARREN VERGARA  |  TUESDAY, 28 JAN 2025
Binance Labs has transformed into a family office known as YZi Labs in a bid to expand its investment focus and step away from blockchain-focused investments. Binance Labs, which was the venture capital arm of major cryptocurrency exchange Binance ...

Global dividend strength to continue: Plato

ELIZA BAVIN  |  FRIDAY, 24 JAN 2025
Dividend growth trends in international equities are expected to continue in 2025 after global developed market countries paid out $485 million in dividends in Q4 2024, according to a new report by Plato Investment Management. This was an 8.3% increase ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
Netwealth and Praemium have both reported significant inflows in the December quarter. Netwealth reported record funds under administration (FUA) net inflows of $4.5 billion, 69.8% higher than the prior corresponding period, bringing 12 months inflows ...

FAAA accuses government of crucial CSLR failure

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
The Financial Advice Association of Australia (FAAA) believes the government may have failed in its obligations when introducing the Compensation Scheme of Last Resort (CSLR) by skipping a key step. Following a review of documents the FAAA obtained ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...

Stamford Capital Investments launches new fund

ELIZA BAVIN  |  FRIDAY, 10 JAN 2025
Stamford Capital Investments (SCIM), the investment management arm of Stamford Capital, has launched its fourth fund, seeking to raise $100 million from wholesale investors. It expects to raise $30 million by the end of January for the fund's first ...

Monetary policy to underscore 2025 allocations

ANDREW MCKEAN  |  FRIDAY, 10 JAN 2025
Investors have head into the New Year with many of the same concerns they had at the start of 2024, with interest rates and inflation to dominate once again. Last November, RBA governor Michele Bullock indicated the central bank views its settings as ...

Morgans Financial crowned largest licensee

KARREN VERGARA  |  WEDNESDAY, 8 JAN 2025
Morgans Financial has toppled AMP Financial Planning (AMP FP) to become the licensee with the largest number of financial advisers. Morgans recorded 431 active advisers at the end of 2024, while AMP FP had 426. On December 20, both AFSLs had 430 registered ...