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Showing 361 - 370 of 1897 results for "Accel"

Global X accelerates push to leapfrog local rivals

ANDREW MCKEAN  |  WEDNESDAY, 6 DEC 2023
Global X is intensifying efforts to challenge local ETF managers, targeting an ambitious growth in assets under management (AUM) by the end of 2024. The ETF manager, having reached $6 billion AUM in 2023, is now pursuing a goal of $10 billion by 2025 ...

Iress upgrades earnings guidance, accelerates transformation

ANDREW MCKEAN  |  THURSDAY, 30 NOV 2023
Iress has upgraded its FY23 earnings guidance range from $118 million - $122 million to $123 million - $128 million, a result of its well-executed transformation strategy that stabilised revenues and tempered costs. The accelerated transformation has ...

HSBC launches local venture debt offering

CASSANDRA BALDINI  |  MONDAY, 27 NOV 2023
HSBC has unveiled a venture debt offering to the Australian market which specifically targets technology focused startups. According to the banking giant, an initial $228 million has been allocated to the new offering, with loans ranging from $10 million ...

Key advice reforms still coming, Jones promises

JAMIE WILLIAMSON  |  WEDNESDAY, 22 NOV 2023
Minister for financial services Stephen Jones has confirmed the government remains committed to removing Statements of Advice and the Safe Harbour Steps, as well as accelerating changes to education requirements to meet increased demand for advice. ...

Advisers turning to cash, fixed income: Data

CHLOE WALKER  |  FRIDAY, 17 NOV 2023
Financial advisers are increasingly leaning towards cash and fixed income, making up 15% of new client inflows this year, according to Investment Trends. The 2023 Adviser Product and Marketing Needs report revealed that one in four advisers recognise ...

First Sentier, AlbaCore complete partnership

CHLOE WALKER  |  THURSDAY, 16 NOV 2023
First Sentier Investors (First Sentier) has finalised its strategic partnership with European alternative credit specialist AlbaCore Capital (AlbaCore), broadening access to global private credit markets. Headquartered in London, AlbaCore has capabilities ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
While Australia's economy has been surprisingly resilient to Reserve Bank of Australia (RBA) rate hikes, inflation remains well above global trends, according to UBS's 2024-2025 local economic outlook. The report, written by UBS economists George Tharenou ...

Centrepoint Alliance acquires Financial Advice Matters

CASSANDRA BALDINI  |  THURSDAY, 9 NOV 2023
Centrepoint Alliance has entered into a binding agreement to purchase 100% of Brisbane-based financial advice firm Financial Advice Matters Group (FAM). Centrepoint Alliance said the transaction, subject to the fulfilment of closing conditions, should ...

Institutions must come to the table now: First Australians Capital

CASSANDRA BALDINI  |  FRIDAY, 27 OCT 2023
First Australians Capital (FAC) managing partner Benson Saulo wants to see financial institutions come to the table and back the Indigenous business sector. Ahead of the launch of FAC's Catalytic Capital Impact Fund which aims to support Indigenous-led ...

Magellan chief executive quits

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
After 17 months in the top job, David George has relinquished his positions as Magellan Financial Group chief executive and managing director, effective immediately. Magellan's board said it is the right moment to redirect their leadership and thanked ...