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Showing 541 - 550 of 5926 results for "Second"

AMP sells advice licensees to Entireti, AZ NGA

JAMIE WILLIAMSON  |  THURSDAY, 8 AUG 2024
... through cash with the balance being the stake in NewCo. AMP expects to book a $30 million loss on the transaction in the second half. In addition to legal, transaction and separation costs, AMP said this also accounts for incentives being paid to some ...

Pinnacle FUM soars 20%, introduces new boutique

KARREN VERGARA  |  FRIDAY, 2 AUG 2024
... billion. Pinnacle managing director Ian Macoun said: "Following the extremely challenging market conditions we faced in the second half of FY22 and across FY23, there was something of a recovery, at least in headline market returns, during FY24, as inflation ...

Private capital fundraising remains in the doldrums: Preqin

ANDREW MCKEAN  |  THURSDAY, 1 AUG 2024
... report by Preqin. However, there is a silver lining as fundraising for APAC-focused private equity funds increased in the second quarter of 2024, climbing to $14.8 billion from $11.5 billion in the previous quarter. Asia-regional funds, in particular ...

New shadow assistant treasurer's vision for advice, super

ANDREW MCKEAN  |  WEDNESDAY, 31 JUL 2024
Shadow Assistant Treasurer Luke Howarth has reaffirmed the opposition unreservedly supports Michelle Levy's Quality of Advice Review (QAR) recommendations and wouldn't go back to the drawing board, at an event hosted by the Financial Services ...

US election outcome tops investor concerns: Natixis

MATTHEW WAI  |  WEDNESDAY, 31 JUL 2024
... investment strategy. The 2024 Strategist Outlook, commissioned by Natixis, showcased the market's sentiment towards the second half of the year from 30 in-house strategists. The survey revealed that two thirds (67%) of the group thinks that the markets ...

The four Ds to watch in the decades to come: La Trobe

JAMIE WILLIAMSON  |  WEDNESDAY, 31 JUL 2024
... participants in the market. What we're seeing is the continuing rise of private credit," he noted, describing it as a "second order impact from the Global Financial Crisis." Just recently, and for the first time ever, the amount of passively managed ...

CommSec names top state for economic performance

ELIZA BAVIN  |  WEDNESDAY, 31 JUL 2024
... economic indicators - relative unemployment, construction work done, and dwelling starts. Western Australia remains in the second spot and is fast closing-in on first place - leading on relative population growth and home lending. WA came in a closet ...

Adviser profits up despite client loss: Investment Trends

KARREN VERGARA  |  TUESDAY, 30 JUL 2024
... increases have provided a strong foundation for the rise in practice profitability which we've seen across the sector for the second year running. But we find that practices that vastly lifted their bottom line were those with a near-ascetic approach ...

Top 10 Australian share funds of FY24

ANDREW MCKEAN  |  MONDAY, 29 JUL 2024
... absolute return focus, also came first over a three-year period with an annual return of 17.2%. ECP AM All Cap secured second place with 29.1% return for the year and placed ninth over a five-year period with a 12.4% return. The Smallco Broadcap Fund ...

New mandates boost Clime FUM

KARREN VERGARA  |  MONDAY, 29 JUL 2024
... Sydney, manages the DMG Diversified Portfolio (DMGDP) and Clearwater Dynamic Portfolio (CDP) for DMG's client base. The second mandate of $60 million was invested in the Clime Income Fund. Clime did not disclose the client awarding the mandate. At ...