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Showing 401 - 410 of 8134 results for "Today"

Investors should avoid overvalued US sectors: Talaria

ELIZA BAVIN  |  FRIDAY, 17 JAN 2025
... strong fundamentals and cheap starting valuations. "In uncertain markets, resilience and diversification are key, and at today's valuations, there is little room for error," Selby-Smith said. "Everyone assumes that things like leverage, scale, and disruption ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
Australia's labour market has remained strong in the December 2024 read, according to the Australian Bureau of Statistics (ABS). The seasonally adjusted unemployment rate rose by 0.1 percentage point to 4% in December. "With employment rising by 56,000 ...

Local private wealth manager appoints new chief

ANDREW MCKEAN  |  THURSDAY, 16 JAN 2025
... Australia, where he oversaw wholesale distribution for its investment platforms - Summit, AXA Generations, and AXA North. "Today, stepping into his new role as chief executive in January 2025, Jim brings a vast set of international and personal perspectives ...

Macquarie AM splashes billions on Applied Digital Corporation

MATTHEW WAI  |  WEDNESDAY, 15 JAN 2025
... Applied Digital as one of the fastest-growing HPC data-centre owners, operators and developers in the US," Cummins said. "At today's build costs, we will have a significant portion of the equity needed to construct over 2.0 gigawatts of HPC data-centre ...

SEC fines private equity firms for recordkeeping failures

KARREN VERGARA  |  TUESDAY, 14 JAN 2025
Blackstone, KKR, and Carlyle are among the private equity firms that will collectively pay the Securities and Exchange Commission (SEC) US$63.1 million for failing to keep appropriate communications records. They join a growing list of financial institutions ...

Research digs into HNW investment preferences

MATTHEW WAI  |  TUESDAY, 14 JAN 2025
... Praemium chief strategy officer Denis Orrock said advisers are slowly embracing new technologies for greater efficiency. "Today the Australian advice industry is dealing with strong demand, an undersupply of advisers, shifting regulation and onerous ...

AustralianSuper wins fund of the year

ANDREW MCKEAN  |  MONDAY, 6 JAN 2025
... grown from managing $21 billion for 1.2 million members since its inception in 2006 to $355 billion for 3.4 million members today - primarily via organic growth. Although AustralianSuper has merged with IBM Super, AGEST, Club Super, and LUCRF Super ...

CC Capital Partners bids for Insignia

KARREN VERGARA  |  MONDAY, 6 JAN 2025
... $4.30 cash per Insignia share, which is a 7.5% premium to Bain Capital's offer of $4 received on December 12. Insignia today confirmed that the US investment firm made the offer on January 3. Insignia's board said it is now considering the indicative ...

Traders left scrambling over ASX settlement outage

MATTHEW WAI  |  MONDAY, 23 DEC 2024
... "technical issue" on its CHESS Batch Settlement last Friday, forcing trade settlements on December 18 and 19 to be processed today. The ASX has since announced that clearing and settlements will process as "normal" at the open of trading this morning. ...

Schroders shutters local private debt arm

JAMIE WILLIAMSON  |  THURSDAY, 19 DEC 2024
... first Australian private debt mandate in April 2022, being given $250 million from a large, unnamed industry super fund. Today, Schroders said the business has less than $100 million in funds under management. The decision to put a stop to its private ...