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Showing 461 - 470 of 8316 results for "retail"

Macquarie cops US$80m from SEC

KARREN VERGARA  |  FRIDAY, 20 SEP 2024
... overvalued CMOs to the market. In one example, MIMBT executed 465 internal cross trades between a selling account and 11 retail mutual funds above independent current market prices. This resulted in the retail mutual funds absorbing losses that otherwise ...

RBA doubling down on wholesale CBDC

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... assess the potential benefits as more promising, and the challenges less problematic, for wholesale CBDC compared to a retail CBDC." In the wake of tokenisation, Jones said the three-year roadmap will study different aspects of the innovation. "Next ...

Alternatives market to hit US$30tn by 2030: Preqin

MATTHEW WAI  |  THURSDAY, 19 SEP 2024
... Cameron Joyce, global head of research insights, said. This comes at a time when the asset class is gaining momentum among retail investors. It also comes as private companies opt to stay private for longer, underwhelming IPO markets, and the decline ...

MLC Super to slash admin fees for members

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... MySuper option to drop from 0.91% to 0.81%. According to Rainmaker Information, the average total investment fees for a retail MySuper product was 0.60% as at June 2023.

Lazard AM brings Japanese equities fund to Australia

MATTHEW WAI  |  THURSDAY, 12 SEP 2024
... in operation since 2006. By sector, its biggest holdings are in banking, electric appliances, machinery, chemicals, and retail trade. Kim pointed to two key drivers for the fund. "The Japanese equity market is a broad and diversified investment universe ...

Elanor shakes up leadership, sells down fund

KARREN VERGARA  |  TUESDAY, 10 SEP 2024
... previously worked at EY and Investec. The departures come as Elanor unveils a restructure of the business to focus on the retail, office, healthcare, and industrial sectors, while it divests hotels, tourism, and leisure assets. It is in the process of ...

MLC Life appoints two C-suite executives

MATTHEW WAI  |  TUESDAY, 10 SEP 2024
... "MLC Life Insurance is a great business with big ambitions. I've been tasked with putting advisers at the centre of our retail business and I'm excited to work with an incredible team and join an already stellar effort happening in this space." "I think ...

Monochrome moves to list Ethereum ETF

ANDREW MCKEAN  |  FRIDAY, 6 SEP 2024
... introduced in October 2021. This was established to ensure that responsible entities holding substantial crypto assets in retail funds comply with specific investor protection rules. Prior to the launch of IBTC, Australian investors could only access ...

Evergreen funds prime for retail PE investors

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
... the act Conference 2024 yesterday, private equity experts spoke of the growing appeal of evergreen funds as a vehicle for retail investors looking to invest in private markets. Unlike traditional private funds, evergreen funds provide investors instant ...

Mercer Super reorganises leadership, chief executive changes roles

ANDREW MCKEAN  |  WEDNESDAY, 4 SEP 2024
... tremendous growth and transformation." Current Mercer Super chief operating officer Clair Ross will take over the top job at the retail super fund, effective October 1. Ross brings over 30 years' experience in operational management and administration ...