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Showing 411 - 420 of 4543 results for "Holding"

WAM Active returns 30%, beats indices

KARREN VERGARA  |  WEDNESDAY, 28 AUG 2024
Listed investment company (LIC) WAM Active (WAA) returned nearly 30% p.a. to unitholders, trumping its benchmarks in the last financial year. WAA beat its reference indices S&P/ASX All Ordinaries Accumulation Index by 13.3% and the Bloomberg AusBond ...

Investment firm becomes cornerstone investor in Finexia

ANDREW MCKEAN  |  TUESDAY, 27 AUG 2024
... executed in two stages, with a first tranche of 10.77 million shares to be completed next week, resulting in Factory Capital holding approximately 17.77% of Finexia. The second tranche, which involves the issuance of the remaining shares, will be contingent ...

360 Capital returns to profit in FY24

KARREN VERGARA  |  MONDAY, 26 AUG 2024
ASX-listed real estate fund manager 360 Capital (TGP) flagged it turned its operations around in the 2024 financial year and hopes that it will be even more sustainable as the bottom of commercial real estate nears. The group made a statutory net profit ...

SSGA takes 5% stake in Raiz

KARREN VERGARA  |  MONDAY, 26 AUG 2024
... its ETFs available on Raiz's platform. SSGA's SPDR S&P/ASX 200 Fund (STW) is currently the largest single fund holding by Raiz customers. SPDR MSCI Australia Select High Dividend Yield Fund (SYI) and SPDR S&P Global Dividend Fund (WDIV) are also ...

What does the RBNZ rate cut mean to Australia?

MATTHEW WAI  |  THURSDAY, 15 AUG 2024
On Wednesday, the Reserve Bank of New Zealand (RBNZ) trimmed its interest rate by 25 basis points to 5.25% after holding a decades-high rate of 5.50% since May 2023. The central bank pointed to inflation converging to its target range as the core reason ...

Wollemi Capital appoints former state Treasurer

ELIZA BAVIN  |  MONDAY, 12 AUG 2024
... action on climate. Prior to the appointment, Kean was the member of Hornsby in the NSW state government for 13 years, holding several senior roles including serving as NSW Minister for Innovation and Better Regulation from 2017 to 2019, NSW Minister ...

Global X chief to step down

ANDREW MCKEAN  |  TUESDAY, 6 AUG 2024
... responsibilities and works on "some ongoing projects." Metcalf joined Global X in 2014, then known as ETF Securities, holding roles such as head of operations, co-head of portfolio management, and head of product. Before that, he worked for ANZ ETFS ...

Mercer Super cops landmark $11.3m greenwashing penalty

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... Whitehaven Coal. Another 15 companies produced alcohol, including Budweiser Brewing Company APAC, Carlsberg AS, Heineken Holding NV, and Treasury Wine Estate. The options also had interest in 19 companies involved in gambling, such as Aristocrat Leisure ...

Former wealth management chief ousted from financial services

ANDREW MCKEAN  |  FRIDAY, 2 AUG 2024
... Joel Hewish, has been slapped with a 10-year ban from providing financial services. Hewish, who is also prohibited from holding any role within a financial services business, was also dealt a blow with the corporate regulator's decision to cancel United ...

'Unrealistic overconfidence' major issue for new advice clients

ELIZA BAVIN  |  FRIDAY, 2 AUG 2024
... advice in Australia, but there is also a gap between the perceived and actual value of advice for many Australians. "It is holding them back from becoming a client. Our research report aims to help advice firms understand the psychology and behaviour ...