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Showing 351 - 360 of 5502 results for "Mid"

Westpac names new chief executive of wealth

ELIZA BAVIN  |  TUESDAY, 4 FEB 2025
... appointed Paul Fowler to the role of chief executive, business and wealth, to take over the role from the acting chief executive mid-year. Westpac said Fowler is an exceptional leader in financial services and brings a career spanning more than 20 years ...

TenCap hedge fund eyes $3bn AUM

KARREN VERGARA  |  MONDAY, 3 FEB 2025
... lot of education comes with that, [we] have the ability to short or hedge against a lot of volatilities in the market." In mid-February, the Reserve Bank of Australia (RBA) will host its first meeting of 2025. Liu is confident that a rate cut will be ...

QIC puts money into US aviation infrastructure

MATTHEW WAI  |  FRIDAY, 31 JAN 2025
QIC has completed a debt financing transaction with US-based Ridgewood Infrastructure's airplane hangar infrastructure portfolio APP Jet Centre. The loan amount was not disclosed. The portfolio includes fixed based operations - which provides storage ...

The regulatory pendulum has swung too far: FSC

ANDREW MCKEAN  |  FRIDAY, 31 JAN 2025
Financial Services Council (FSC) chief executive Blake Briggs has said the regulatory pendulum for the superannuation, funds management, and financial advice sectors has swung too far over the last decade under successive governments. It's time for ...

Rest calls for advice reforms, extending SG

ELIZA BAVIN  |  FRIDAY, 31 JAN 2025
Rest has called on the Australian government to implement reforms that it says are critical to make the super system fairer. The super fund released its 2025-26 pre-Budget submission, which outlined 10 key recommendations. These recommendations included ...

Australian Ethical loses super chief

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
Australian Ethical's superannuation chief Ross Piper has departed the fund and will shortly take up a new role as global chief executive of the Fred Hollows Foundation. Piper confirmed his departure, saying he finished at the $13 billion fund before ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... passive funds that simply track the market. "Accordingly, we anticipate portfolio returns for our covered firms to reduce to mid to high single digits over the medium term, from the double-digit returns many experienced in 2024."

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

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... RBA's target band for the past two quarters. And the RBA's preferred measure of underlying inflation is now not far from the mid-point of the target band on a six-month annualised basis." HSBC chief economist Paul Bloxham agrees the most recent CPI measure ...

Bumpy roads ahead for traditional active managers

MATTHEW WAI  |  WEDNESDAY, 29 JAN 2025
... passive funds that simply track the market. "Accordingly, we anticipate portfolio returns for our covered firms to reduce to mid to high single digits over the medium term, from the double-digit returns many experienced in 2024."

AustralianSuper welcomes AI tech competition

ELIZA BAVIN  |  WEDNESDAY, 29 JAN 2025
... investing in technology," Schroder said. Schroder said the market reaction to the emergence of the cheaper AI model was a "mid-cycle efficiency gain". DeepSeek was built by a small AI team in China via an open-source model 30 times cheaper and using ...