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Showing 511 - 520 of 4410 results for "Ele"

Palisade Real Assets wins mandate

KARREN VERGARA  |  WEDNESDAY, 19 JUN 2024
Palisade Real Assets' UK-based bioenergy fund scored a £200 million ($381m) mandate from a major European asset manager. APG Asset Management awarded the mandate on behalf of Netherlands' major pension fund ABP, which oversees some €500 billion ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
The Reserve Bank of Australia (RBA) will almost certainly leave the policy rate unchanged when it meets next week, according to economists. GSFM investment strategist Stephen Miller said there was "little prospect" of a change in messaging from the ...

ASX advances CHESS replacement project

ANDREW MCKEAN  |  THURSDAY, 13 JUN 2024
The ASX announced today that the CHESS replacement project has entered the delivery phase. This follows a decision to proceed with a product-based solution developed by global technology firm Tata Consultancy Services. ASX chief information officer ...

Lazard enters local ETF industry with infra offering

JAMIE WILLIAMSON  |  WEDNESDAY, 12 JUN 2024
Lazard Asset Management is now offering ETFs in Australia, kicking off with a global listed infrastructure active ETF. Commencing trading on Cboe today, the Lazard Global Listed Infrastructure Active ETF (GIFL) is a unit class of the $2 billion Lazard ...

QIC splashes $32m on PEP acquisition

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Queensland Investment Corporation (QIC) lent $32 million to back Pacific Equity Partners' (PEP) acquisition of ATOM Group, an industrial and safety goods distributor. QIC Private Debt made the transaction via PEP's Fund VII. PEP flagged late ...

Pengana launches new term account

ELIZA BAVIN  |  WEDNESDAY, 12 JUN 2024
Pengana Capital Group has introduced an online term account solution underpinned by a diversified portfolio of highly rated global private credit, named TermPlus. TermPlus aims to deliver reliable income via floating-rate term accounts, with a minimum ...

Advice reforms draft laws consultation opens

KARREN VERGARA  |  WEDNESDAY, 12 JUN 2024
Draft regulation of the first tranche of the Delivering Better Financial Outcomes reform package is now up for consultation. Treasury Laws Amendment (Delivering Better Financial Outcomes) Regulations 2024 has five sections that aim to make access to ...

ECB drops interest rates to 3.75%

KARREN VERGARA  |  FRIDAY, 7 JUN 2024
The European Central Bank (ECB) cut interest rates by 0.25% to 3.75% - the first decrease in five years. The rate cut affects three key ECB interest rates based on an inflation outlook, the dynamics of underlying inflation, and the strength of monetary ...

Sequoia chief learns his fate at EGM

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
Sequoia Financial Group held an extraordinary general meeting (EGM) this week to consider a resolution to remove chief executive and managing director Garry Crole. Shareholders voted against removing Crole, securing 59.95% of the votes, with 40.05% ...

Recession signs: Economic growth has 'ground to a halt'

ELIZA BAVIN  |  THURSDAY, 6 JUN 2024
While the 0.1% increase in quarterly GDP was in line with experts' expectations, it still paints a dire picture for Australia's economic path. Annual GDP growth has fallen to just 1.1%, the slowest rate of annual growth in GDP in more than three ...