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Showing 451 - 460 of 14210 results for "Interest"

UBS shutters international shares fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
... October 21. "After analysis of market conditions and investment trends, UBS believes that closing the fund is in the best interest of unitholders. Our fiduciary view is that the fund is not at an optimal size to continue the fund into the future to a ...

Perpetual dumps 23m Myer shares

ELIZA BAVIN  |  FRIDAY, 26 SEP 2025
... Myer said in the first half of FY26 it was working to reset the base to position the company for growth. "The easing of interest rates has supported retail activity in some sectors. Whilst this has been mixed from a category perspective, womenswear and ...

Feature: Digital advice | Sleeping giant

KARREN VERGARA  |  FRIDAY, 26 SEP 2025
... survive let alone scale in a difficult environment of regulatory strangulation, fierce competition and tepid investor interest. Meanwhile, Raiz Invest and Stockspot are bucking the trend. Raiz recently hit $1.8 billion in funds under management (FUM) ...

AFCA temporarily reinstates UGC to address complaints

RIDDHIMA TALWANI  |  FRIDAY, 26 SEP 2025
The Australian Financial Complaints Authority (AFCA) has reinstated United Global Capital's (UGC) membership until 31 March 2026, to ensure consumers can lodge complaints regarding Shield and First Guardian Master Fund. UGC was expelled from AFCA membership ...

Macquarie to pay Shield victims in full

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
... a penalty against Macquarie given the "exceptional circumstances" of the situation. These include the immense public interest in the scheme's collapse and the desire for a swift solution. ASIC said it also considered the fact a quick, court-based ...

Inflation rises 3% in August

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
... Betashares chief economist David Bassanese said the uptick in inflation "effectively kills" the last fleeting chance of an interest rate cut from the Reserve Bank of Australia (RBA) next week. "Given the recent weakening in employment growth, there was ...

Shield collapse brings wholesale governance to the forefront

RIDDHIMA TALWANI  |  WEDNESDAY, 24 SEP 2025
The failures of Shield Master Fund and First Guardian Master Fund has pushed governance to the forefront - particularly among wholesale investors, according to Magellan Financial Group. Sophia Rahmani, chief executive and managing director of Magellan ...

La Trobe shuts online portal access

ELIZA BAVIN  |  TUESDAY, 23 SEP 2025
... continue to support the payment of consistent monthly income to investors. "We can confirm that we continue to pay monthly interest, we continue to redeem maturing investments on time and in full, and we maintain ample liquidity across all portfolios ...

ASIC report a 'solid point of reference' for private credit guardrails

JAMIE WILLIAMSON  |  TUESDAY, 23 SEP 2025
... time. For example, the report flagged fee structures where managers are using special purpose vehicles to capture net interest margins rather than passing them on to investors, which Frontier says calls into question how much of the actual return is ...

Diversa winds up struggling super fund

JAMIE WILLIAMSON  |  MONDAY, 22 SEP 2025
Diversa is closing one of its superannuation funds following a rapid decline in member accounts and funds under management. The Personal Choice Private Fund is being terminated and is expected to be wound up by 30 June 2026. All member accounts must ...