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Showing 341 - 350 of 6249 results for "Cash"

Private wealth group splashes $182m on Hejaz

KARREN VERGARA  |  FRIDAY, 11 APR 2025
... UAE-based private wealth group. The Islamic financial services provider seeks to scale its Sharia-compliant offerings with the cash injection in property, auto, commercial and development loans. Hejaz chief executive Hakan Ozyon said the facility marks ...

Falcon Capital, First Guardian fund to be wound up

MATTHEW WAI  |  FRIDAY, 11 APR 2025
... associated with Falcon Capital director David Anderson. ASIC also found that around $274 million of the fund's value from cash receivables in respect of which payments are many months late. Additionally, over $23 million of the fund's assets were purportedly ...

US pension funds haemorrhage US$249bn

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... initial public equity declines. Equable also cautioned that in addition to investment losses, pension funds may face future cash flow constraints if the tariffs contribute to a sustained economic downturn, whether that's driven by economic uncertainty ...

Regal writes off Opthea, FUM takes 8% hit

KARREN VERGARA  |  THURSDAY, 10 APR 2025
... be obligated to pay a multiple of the amounts funded by the DFA Investors," Opthea said. Opthea estimated it had unaudited cash and cash equivalents of US$100 million at the end of March. Regal attributed another $1.1 billion loss to "other" factors ...

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... intensified, but conceded large amounts of uncertainty remain. "We now see the RBA easing more quickly through mid-2025, taking the cash rate to 2.6% by February," Auld said. "We expect the RBA to cut by 50bps in May, followed by 25bps in July, August ...

NPP not suitable as the primary payment system for payday super

MATTHEW WAI  |  WEDNESDAY, 9 APR 2025
... the issues that the RBA has highlighted, before requiring its inclusion." Meanwhile, Australian SMEs are also set to face cash flow issues with payday super, as well as a slew of other payroll and tax changes. Earlypay chief executive James Beeson warns ...

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
... invested in the stock market five years ago would still be worth around $20,700 today, compared with $11,400 if it had sat in cash. "It takes incredible self-control to be so objective and emotionally detached. It's easy to say, 'don't worry' - but that's ...

GQG rejigs allocations amid tariff pain

KARREN VERGARA  |  WEDNESDAY, 9 APR 2025
... allocation as opposed to the benchmark's 10.6%. The fund, instead, upped its allocation to energy, consumer staples, utilities and cash. By quarter end, GQG said the "repositioning resulted in the lowest beta in our portfolios compared to their respective ...

Trade war rattles pre-election economic outlook

KARREN VERGARA  |  TUESDAY, 8 APR 2025
... had not materially changed from that published in the 2025-26 Budget. On Budget night, Treasury announced the underlying cash balance is expected to be a deficit of $27.9 billion, which equates to 1% of GDP in 2024-25.

WTL mergers three advice firms amid joint venture

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... equity, the announcement from WTL said. Hubco is expected to be debt-free post-transaction. Founders will also receive a mix of cash and shares in the new entity. ASX-listed WTL will take a 6% stake for its role in advisory and due diligence. WTL chief ...