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Showing 31 - 40 of 1682 results for "Wednesday"

Inflation rises to 5.2%

CASSANDRA BALDINI  |  THURSDAY, 28 SEP 2023
... target band." However, it's difficult to determine whether the data is soft enough for the RBA to pause again next Wednesday. "Our central case has another 25-basis point hike from the RBA pencilled in for Q4 2023," Bloxham said. "We do not think ...

Platinum AM reports almost $1bn in outflows

ANDREW MCKEAN  |  FRIDAY, 8 SEP 2023
... remuneration increase was during the annual general meeting in October 2017, when the cap rose from $500,000 to $750,000. On Wednesday, Magellan also reported net outflows of $300 million for August; comprising $400 million in retail outflows, partially ...

Macquarie flags asset management challenges

CASSANDRA BALDINI  |  THURSDAY, 7 SEP 2023
... Macquarie's share price took a hit and started to slide from its $176.47 market close on Tuesday to $170.21 market close on Wednesday. It continued to sink to a low of $170 at market open this morning and has since shifted to $171.16 at the time ...

Wage increases to offset more rate hikes: Experts

CASSANDRA BALDINI  |  FRIDAY, 2 JUN 2023
... put that together with other indicators of strengthening wages growth, and the CPI coming in higher than expected on Wednesday, we have decided to pencil in one more rate hike," he said. "We think we will probably get one more, most likely in July but ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... programs. There's a lot more within the bill," he said. The 99-page bill text will be subject to a Congress vote on Wednesday, McCarthy added. It includes two-year discretionary spending limits, veteran medical care, a boost in work requirements ...

UBS swaps out chiefs amid Credit Suisse acquisition

CASSANDRA BALDINI  |  THURSDAY, 30 MAR 2023
... to the helm of UBS and take over from Ralph Hamers. Hamers will officially relinquish his chief executive title next Wednesday to "serve the interests of the new combination, the Swiss financial sector and the country," UBS explained. He will remain ...

Blackstone restricts withdrawals on US$125bn property fund

CASSANDRA BALDINI  |  FRIDAY, 2 DEC 2022
... month 0.3% of NAV will be eligible for repurchase. The share price responded and plunged from US$91.5 close of market on Wednesday to a low of US$82.85 yesterday morning. Since, it's increased slightly to US$85.04 at the time of writing.

Perpetual rejects takeover bid by consortium

JAMIE WILLIAMSON  |  THURSDAY, 3 NOV 2022
... Regal Funds Management acquired VGI Partners in June. Perpetual's share price rose on the back of the news, closing out Wednesday at $25.30 and shooting close to $29 at time of publication.

Perceived complexity hinders ag allocations

CHLOE WALKER  |  FRIDAY, 14 OCT 2022
... markets Toby Harpham. Hosting a panel of experts at the iPartners Alternatives Investment Conference held in Sydney on Wednesday, Harpham suggested that lack of allocation may be because of its perceived complexity. "Agriculture is complex, especially ...

Atlas Arteria stonewalls IFM

ANDREW MCKEAN  |  FRIDAY, 10 JUN 2022
... spokesperson said: "We are disappointed with the decision of the Atlas Arteria Board and we are considering our position." On Wednesday, IFM confirmed that the IFM Global Infrastructure Fund has secured a combined interest of nearly 15% of Atlas Arteria ...