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Showing 441 - 450 of 4410 results for "Ele"

Mutual Trust adds three partners

ELIZABETH FRY  |  MONDAY, 14 OCT 2024
One of the country's oldest wealth management groups has promoted three staffers to partner. Mutual Trust - the Myer and Baillieu family office - said the promotions reflect the increasing number of ultra-high-net-worth families and individuals ...

Investment Trends names sales lead

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
Investment Trends appointed a new head of sales for Australia who recently finished up at Bell Direct. Tim Sparks will lead Investment Trends' sales operations across Australia, having joined in September. He is the former head of distribution and ...

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
Investors are betting on several interest rate cuts from the US Federal Reserve before the year comes to a close. T. Rowe Price head of investment grade and portfolio manager in the fixed income division Steve Boothe said the market is pricing in several ...

Managed account FUM passes $200bn

MATTHEW WAI  |  WEDNESDAY, 9 OCT 2024
The amount of money held in managed accounts surpassed $205 billion in the first half of the year. According to the FUM Census of Managed Accounts, compiled by the Institute of Managed Account Professionals (IMAP) and Milliman, in the six months to ...

Limiting negative gearing could add $2bn in annual revenue

ELIZA BAVIN  |  MONDAY, 30 SEP 2024
Making changes to negative gearing could be worth at least $2 billion a year in revenue, while reducing the capital gains tax discount could be worth around $5 billion a year, according to new research from the Grattan Institute. This comes as Treasurer ...

PineBridge brings flagship lifecycle fund down under

MATTHEW WAI  |  MONDAY, 30 SEP 2024
PineBridge Investments has launched the PineBridge (AU) Global Focus Equity Fund to local wholesale investors. PineBridge's head of Australia Clinton Grobler said the new fund marks a "step change" in its Australian business. "I believe Global Focus ...

Schroders launches high yield credit strategy

MATTHEW WAI  |  FRIDAY, 27 SEP 2024
Schroders is providing retail investors with access to the local wholesale high yielding credit universe via a new fund. The Schroder Australian High Yielding Credit Fund, which has been an allocation within Schroders fixed income and multi-asset strategies ...

Inflation debate: Albo says rebates will keep inflation down

ELIZA BAVIN  |  THURSDAY, 26 SEP 2024
Prime Minister Anthony Albanese has hit back at claims the official inflation figures released this week were only lower due to government rebates, despite what the Australian Bureau of Statistics (ABS) data found. Doing the media rounds this morning ...

Inflation cools but RBA unlikely to budge

ELIZA BAVIN  |  WEDNESDAY, 25 SEP 2024
The monthly Consumer Price Index (CPI) indicator rose 2.7% in the 12 months to August 2024 - down from 3.5% in July, according to the latest data from the Australian Bureau of Statistics (ABS). Falls in fuel (-7.6%) and electricity (-17.9%) were significant ...

ASIC slaps Macquarie with record $5m fine

KARREN VERGARA  |  WEDNESDAY, 25 SEP 2024
ASIC imposed a record $5 million fine on Macquarie Bank for its failure to curb suspicious order transactions on electricity futures. ASIC's Markets Disciplinary Panel (MDP) found Macquarie breached market integrity rules on 50 occasions between January ...