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Showing 351 - 360 of 3869 results for "August"

Fed's Powell says 'time has come' to cut rates

ELIZA BAVIN  |  MONDAY, 26 AUG 2024
... strategist Seema Shah said the market is now pricing in interest rate cuts this year. "Our interpretation is that, if the August jobs report (to be released on September 6) shows a rise in monthly job gains to above 150k and the unemployment rate retreats ...

ASIC scraps Libertas' AFSL for unpaid compensation

KARREN VERGARA  |  TUESDAY, 20 AUG 2024
... the disclosure of such amounts is likely to prejudice those proceedings". ASIC officially cancelled Libertas' AFSL on August 14. "Where the CSLR pays compensation to an eligible consumer in relation to an AFCA determination and notifies ASIC of the ...

Equity Trustees names chief risk officer

MATTHEW WAI  |  TUESDAY, 20 AUG 2024
... September 23. She will replace the outgoing Owen Brailsford, who is set to leave the business after five years at the end of August. Versace arrives from HESTA, where she is currently the general manager of compliance and boasts a collage of executive ...

Principal AM hires from BlackRock

ELIZA BAVIN  |  MONDAY, 19 AUG 2024
Principal Asset Management appointed Stuart Dunn as director of distribution for Australia, effective August 12. Principal said the decision was aimed at building on the firm's footprint in the institutional market while accelerating its growth ...

ASX lifts revenue amid lower listings, capital raises

KARREN VERGARA  |  FRIDAY, 16 AUG 2024
... Australian Liquidity Centre (ALC). The exchange did not provision for the legal proceedings ASIC brought against it on August 13 post-reporting period. ASIC alleged the ASX breached certain sections of the ASIC Act 2001 by making misleading statements ...

Super performance test needs personal rate of return: Adviser

KARREN VERGARA  |  THURSDAY, 15 AUG 2024
... are not reflective of their balances." APRA will release the results of its superannuation performance test at the end of August. APRA has assessed MySuper products since 2021 while trustee-directed products (TDPs), a subset of the choice accumulation ...

Cost cutting returns Bravura to profit

KARREN VERGARA  |  WEDNESDAY, 14 AUG 2024
... and their ongoing commitment to deliver excellence and client-focused outcomes in a change-heavy environment." In early August, Fidelity International entered into an agreement to use and develop Bravura's Sonata software, paying a one-off licence fee ...

Monash Investors merges with DMX AM

ELIZA BAVIN  |  TUESDAY, 13 AUG 2024
Monash Investors has confirmed the completed merger with DMX Asset Management as of August 12. Following the merger, DMX AM portfolio manager Michael Haddad has been named co-portfolio manager with Monash Investors. "Michael hit the ground running ...

EQT wins RE mandate from Woodbridge

KARREN VERGARA  |  MONDAY, 12 AUG 2024
... Entity (RE) for the Woodbridge Private Credit Fund. EQT Responsible Entity Services replaced AGP Investment Management from August 1. The Woodbridge Private Credit Fund aims to provide a return of the RBA cash rate plus 5% to 7% per annum net of fees ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
... Energy and Environment from 2019 to 2023, NSW Treasurer from 2021 to 2023 and Deputy Leader of the NSW Liberal Party from August 2022. Wollemi co-chief executive and co-founder Tim Bishop welcomed Kean to the Wollemi team. "Matt has been in the room ...