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Showing 441 - 450 of 1509 results for Andrew McKean

Corporate borrowing hits all-time high despite interest rates

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
The world's largest listed companies took on US$378 billion of net new debt last financial year, driving corporate debt to an unprecedented US$8.18 trillion, according to Janus Henderson's latest corporate debt index. While significant, the increase ...

AIA Australia releases new member insurance portal

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
AIA Australia has launched a new member insurance portal that enables group insurance customers to track their claims throughout the lifecycle. The portal promises real-time updates on claim statuses. It also offers features such as instant document ...

DASH secures $20m investment from Bailador

ANDREW MCKEAN  |  MONDAY, 1 JUL 2024
... accelerating DASH's development roadmap, enabling faster releases that align with client requirements. DASH chief executive Andrew Whelan said the investment will enable the company to expedite its key developments, which are driven by the needs of advisers ...

Australian Retirement Trust acquires major stake in industrial estate

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Mirvac finalised the sale of the Aspect South Industrial precinct in Sydney to the Mirvac Industrial Venture (MIV), with Australian Retirement Trust (ART) acquiring a 49% interest, bringing its total expected value to $1 billion. Last June, Mirvac and ...

ETF price war heats up

ANDREW MCKEAN  |  FRIDAY, 28 JUN 2024
Leading exchange-traded product (ETP) investment managers - Vanguard, Betashares, BlackRock, and VanEck - which command about 70% of the Australian market, reduced their asset-weighted fees by 8% in the 12 months to March, according to Rainmaker Information. ...

Unprecedented vulnerabilities in financial services: KPMG

ANDREW MCKEAN  |  THURSDAY, 27 JUN 2024
KPMG specialists say disruptive technologies, particularly generative AI, and the imperative to automate, are exposing financial services executives to unprecedented vulnerabilities. In Australia, KPMG partner Matt O'Keefe noted that heightened customer ...

ASIC alerts licensees to experienced pathway deadlines

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
ASIC has issued a reminder to the Australian Financial Services (AFS) licensees regarding the upcoming notification obligations related to the new experienced provider pathway. Starting from next week, AFS licensees must notify ASIC by lodging a notice ...

Goldman Sachs names new head of Australian equities

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
Goldman Sachs has appointed Mark Davis as managing director and head of Australian and New Zealand equities. Davis will lead the equities team and work closely with regional leadership to drive the strategy for expanding the client franchise in Australia ...

Four out of five workers to search for new jobs: Hays

ANDREW MCKEAN  |  WEDNESDAY, 26 JUN 2024
Recruitment specialist Hays has reported that four out of five New South Wales workers will look for a new job in the next year. According to the Hays Salary Guide, which surveyed more than 15,000 respondents covering 1250 roles across 26 different ...

Long-term optimism for APAC despite short-term hurdles

ANDREW MCKEAN  |  TUESDAY, 25 JUN 2024
The short-term outlook for APAC may appear cautious but long-term investors will remain attracted to the fundamental growth potential of the region's emerging markets, according to an Alternatives in APAC 2024 report from Preqin. Preqin analysts maintained ...