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Showing 401 - 410 of 5502 results for "Mid"

Platinum seeks insto managers, new asset classes

KARREN VERGARA  |  TUESDAY, 12 NOV 2024
... very important added source of new revenue over time, enabling us to broaden our ability to better serve investor needs." In mid-September Platinum received an unsolicited confidential, non-binding, indicative proposal from Regal Partners under which ...

LGT Crestone takes over remainder of Commonwealth Bank's advice business

ANDREW MCKEAN  |  MONDAY, 11 NOV 2024
... Private Advice has around 500 clients with assets exceeding $5 billion. As part of the deal that's slated for completion by mid-2025, LGT Crestone, which is owned by the Princely Family of Liechtenstein and manages over $500 billion in client assets ...

Fed cuts rates as Powell is questioned on Trump win

ELIZA BAVIN  |  FRIDAY, 8 NOV 2024
... a 25bp rate cut at the December 2024 FOMC meeting and further 25bp moves in early 2025, but an end to policy easing around mid-2025," he said. Halmarick noted that while Trump was unlikely to be able to make any changes to the Fed, his commentary could ...

Interest rates to remain on hold for some time

ELIZA BAVIN  |  WEDNESDAY, 6 NOV 2024
... bank indicated a move in the cash rate would be some time off. "There were more references to the cash-rate easing only from 'mid-2025' in the SoMP amid lower GDP projections. We worry if the takeaway is that the RBA is prepared to maintain restrictive ...

Cbus names chief strategy officer

ELIZABETH FRY  |  FRIDAY, 1 NOV 2024
... government policy. Before working in super, Dean worked as an organiser with the Australian Council of Trade Unions in the mid-1990s before becoming a political adviser to former Victorian premier Steve Bracks. He then joined the Victorian public service. ...

Industry fund merger finalised; seven board exits confirmed

ANDREW MCKEAN  |  FRIDAY, 1 NOV 2024
... explore a possible merger in November 2022. At the time, Scott noted that both funds shared a common vision to establish a mid-size fund offering a "distinct point of difference" in the market. Around six months later, the funds entered into a binding ...

Future Fund delivers strong 11.9% return

ELIZA BAVIN  |  FRIDAY, 1 NOV 2024
Future Fund provided a portfolio update to September 2024, showing a strong result for the past 12 months. Future Fund's return was 11.9% for the 12 months to September 2024. Annual investment returns lifted the value of the sovereign wealth fund by ...

Barings brings first Australian private credit fund to life

JAMIE WILLIAMSON  |  THURSDAY, 31 OCT 2024
An unnamed global investor is seeding Barings' first Australian private credit vehicle, committing more than $230 million. Barings has launched two APAC credit funds, including the Barings Australian Private Credit Fund. The fund is for institutional ...

CFS unveils fund manager, fee changes to FirstChoice

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... Platypus and Capital Group come through. For this strategy, CFS announced changes that will affect four other options from mid-November. The CFS Alternatives option will be replaced with BlackRock Global Liquid Alternatives. The CFS Asian Share option ...

Global equity, AREIT managers biggest underperformers: S&P Dow Jones

KARREN VERGARA  |  TUESDAY, 29 OCT 2024
... also struggle over the short term, with 82% and 86% underperforming over one and three years respectively. Those who manage mid- and small-cap Australian equities bucked the trend. Only 56% underperformed over a 15-year period. In the short term, only ...