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Showing 21 - 30 of 10986 results for %22May 2013%22

Morningstar warns of stretched valuations in Australian equities

ANDREW MCKEAN  |  TUESDAY, 9 APR 2024
... Challenger and Pinnacle, are likely to enjoy a swifter recovery in flows and earnings relative to their peers. Some others may need to enhance profitability through further cost-cutting measures," he said. "Better-performing, diverse, and recently established ...

Zenith welcomes back original partner

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... original partners and senior investment consultant Ben Davis to the business. Davis will return to Zenith at the start of May, working alongside investment director and founding partner David Wright and head of portfolio solutions Steven Tang in the ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
... "Valuation is infrequent, credit quality isn't always clear or easy to assess, and it's hard to understand how systemic risks may be building given the less than clear interconnections between private credit funds, private equity firms, commercial banks ...

Monochrome makes play to become a spot Bitcoin ETF in Australia

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
... subject to market operator and regulatory approvals. Notably, Global X launched the first spot bitcoin ETF in Australia in May 2022. It is structured as a dual trust where each ETF unit gives the holder an absolute entitlement to the underlying cryptocurrency ...

Corporate super fund to be terminated

JAMIE WILLIAMSON  |  MONDAY, 8 APR 2024
... To assist members in doing so, MFMRF will provide up to $2000 to each member to receive financial advice, giving them until May 30 to do so. According to its 2023 annual report, the fund had mandates with Schroders, DFA Australia, 4D, Vanguard and Citibank. ...

James Mawhinney applies to have ASIC's case struck out

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Lawyers acting on behalf of the embattled Mayfair 101 private equity investment group have applied to the Federal Court to strike out the Australian Securities and Investments Commission's (ASIC) case against the group's managing director James Mawhinney. ...

Forager schedules LIT delisting

KARREN VERGARA  |  MONDAY, 8 APR 2024
... FOR's total units on issue of 99,851,310. Unitholders must now approve the delisting via special resolution and will meet on May 13. Forager chief investment officer and co-founder Steve Johnson flagged the LIT's troubles on LinkedIn where he ...

L1 Capital joint MD takes leave of absence

KARREN VERGARA  |  FRIDAY, 5 APR 2024
... director. Founders Lamm and Landau also both serve as co-chief investment officers. Landau has been with L1 Capital since May 2007. Before that he was an investment manager at Invesco Australia and a senior consultant at Accenture. In a fund update ...

Nest appoints interim chief executive

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
Ian Cornelius will become interim chief executive on 1 May 2024 following a short handover period from Helen Dean who will leave Nest at the end of this month. Cornelius brings 25 years of experience in senior executive roles with leading financial ...

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... said. This comes after Magellan announced Sophia Rahmani would be joining Magellan Asset Management as managing director in May, with a view to transitioning to chief executive of the group within 12 months. Rahmani's appointment was viewed as an "encouraging ...