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Showing 21 - 30 of 454 results for "USA"

Trump backflips on tariffs but risks remain

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... out of the woods just yet," Bassanese said. "Risks to the global outlook remains for several reasons. Indeed, the good ship USA has still been hit by an iceberg and is taking on water. All that's happened is Captain Trump has told the crew to stop ...

Asian family office sets up in Melbourne

ELIZABETH FRY  |  THURSDAY, 13 MAR 2025
Vantage Family Office is expanding into Australia by launching a capital markets business to serve high-net-worth individuals and institutions. The Asian-based multi-family office platform has set up Vector Capital Management, which will be led by veteran ...

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
As artificial intelligence (AI) continues to rise, larger financial firms are lagging small and medium sized businesses when it comes to adoption, according to Evolved.AI chief executive Mike Kollo. Kollo - who is in Sydney preparing to present at the ...

Younger women embrace geared strategies: Data

MATTHEW WAI  |  TUESDAY, 4 MAR 2025
Australians - particularly young women - are increasingly gearing their investments, with the growth of those using such strategies outpacing the overall online investor population, according to new research. The Investment Trends 2024 Borrowing to ...

State Street expands global custody footprint

MATTHEW WAI  |  MONDAY, 3 MAR 2025
... Japan. Mizuho operates its custody business through its subsidiaries Mizuho Trust and Banking (Luxembourg) and Mizuho Bank (USA) - both entities hold assets under administration (AUA) of approximately US$580 billion and US$24 billion, respectively. Upon ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
ASIC is proposing additional relief for financial services businesses, which would scrap the need to report minor or technical breaches that don't result in a financial loss. The relief is intended to ease the compliance load on financial services ...

GQG's FUM pulls back, breaks six-month streak

ANDREW MCKEAN  |  FRIDAY, 8 NOV 2024
... billion. GQG's International Equity strategy has delivered 17.1% year-to-date, compared to its benchmark - MSCI ACWI ex USA - at 14.2%. Since its inception in December 2014, the strategy has returned 10.7%, nearly double the benchmark. Although GQG's ...

Retail super funds spend big on advice

KARREN VERGARA  |  FRIDAY, 1 NOV 2024
Retail superannuation offerings from AMP, Macquarie, and HUB24 spend big on external financial advisers, while industry funds prefer to invest in their own advisers and intra-fund advice, new APRA data reveals. APRA's recently published data based ...

Gap exists between licensees' AI use and governance processes: ASIC

MATTHEW WAI  |  TUESDAY, 29 OCT 2024
The regulator's inaugural report on use of artificial intelligence by licensees found instances of artificial intelligence (AI) use that was at risk of being at odds with their regulatory obligations. ASIC reviewed more than 600 AI use cases across ...

Making a splash: The economic impact of AUKUS

KARREN VERGARA  |  WEDNESDAY, 23 OCT 2024
The controversial $370 billion pact between the US, Australia, and the UK, or 'AUKUS', is being sold as a boon for the economy and nation-building exercise that will amplify defence capabilities and strengthen regional security. But is it all ...