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Showing 551 - 560 of 9739 results for "Major"

Chalmers 'managing pressures' to shore up economy

ELIZA BAVIN  |  FRIDAY, 7 FEB 2025
... are primary beneficiaries of all the churn and change occurring around the world." Chalmers said Australia has faced three major economic shocks over the past 15 years but is well-placed to withstand whatever may come from the current global uncertainty. ...

MLC Life recruits merger specialist

ELIZABETH FRY  |  THURSDAY, 6 FEB 2025
... retirement product suite to deliver products and services that meet the evolving needs of customers. Resolution became a major player in the local market when it bought AMP's life insurance business four years ago.

Trump's tariff implications for Australian investors

ANDREW MCKEAN  |  WEDNESDAY, 5 FEB 2025
... not heavily exposed to the US directly," Oliver said. Notably, an OECD study found a 10% decline in global trade between major economies could reduce Australia's GDP by 1.2% - but Oliver said this would be an extreme outcome. A more realistic scenario ...

Australian Wealth Advisors Group invests big in Sequoia

KARREN VERGARA  |  TUESDAY, 4 FEB 2025
The Australian Wealth Advisors Group (AWAG) has become a major shareholder in Sequoia Financial Group. AWAG, which is also ASX-listed, has an 18.02% stake in Sequoia across more than 22.37 million securities. According to the 2024 annual report, Unrandom ...

System Capital joins Fidante stable

JAMIE WILLIAMSON  |  MONDAY, 3 FEB 2025
Fidante is bolstering its alternatives capabilities, bringing on long-short manager System Capital as an affiliate. Founded in 2022, System Capital is run by Lev Margolin, who previously oversaw the L1 Capital Long/Short Fund for eight years. The System ...

QIC puts money into US aviation infrastructure

MATTHEW WAI  |  FRIDAY, 31 JAN 2025
... fueling, and related essential services to general aviation aircraft - and related airplane hangar infrastructure across five major US markets. It has about 85,000m 2 of hangar and office space, as well as seven million gallons of fuel sales annually ...

Canadian pension fund names new CIO

ELIZABETH FRY  |  THURSDAY, 30 JAN 2025
... 2012. As head of Asia Pacific and Europe, he oversaw a C$8 billion natural resources portfolio and presided over several major deals, including controlling direct investments alongside local operating partners. Orida said Beaudoin's experience and ...

Perpetual delivers 'mixed' performance in Q2

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
Perpetual has seen assets under management (AUM) rise 3.6% to $230.2 billion in the second quarter to December 2024, but also sustained outflows of $3.8 billion and negative market movements amounting to $4.1 billion. Perpetual chief executive Bernard ...

Financial services minister Stephen Jones to retire from politics

ANDREW MCKEAN  |  THURSDAY, 30 JAN 2025
... Jones for his service and noted his work in championing payday super financial advice reforms. "Minister Jones has pursued major super policy reforms that advance the interests of millions of everyday Australians," SMC chief executive Misha Schubert ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... reported underlying inflation was now at its lowest point in three years. "Our headline inflation is now lower than most major advanced economies, including the US, the UK, and Germany," Chalmers said. "And if you look at the underlying measure, the ...