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Showing 571 - 580 of 14040 results for "Down"

Cybercriminals attack major super funds

ANDREW MCKEAN  |  FRIDAY, 4 APR 2025
... of up to 8000 members. A statement from Rest chief executive Vicki Doyle said the fund responded immediately by shutting down the member access portal, undertaking investigations, and launching its cyber security incident response protocol. Nevertheless ...

Market turmoil hits portfolios

ELIZA BAVIN  |  FRIDAY, 4 APR 2025
Following US President Donald Trump's "Liberation Day" tariffs, major stock indexes on Wall Street dropped as much as 6%, losing $4.9 trillion (US$3.1 trillion) in market value, marking the largest decline since March 2020. VanEck Asia Pacific chief ...

WTL mergers three advice firms amid joint venture

KARREN VERGARA  |  FRIDAY, 4 APR 2025
... million into the newly formed national group called "Hubco" in return for a 36% equity stake. The capital will be used to pay down debt, support business growth, and allow the founding principals to realise some of their equity, the announcement from ...

The super fund scouring the dark web to protect members

ANDREW MCKEAN  |  THURSDAY, 3 APR 2025
... details with a CVV sell for an average of US$23 as of 2023. A NSW driver's licence, meanwhile, fetched about US$40 that year, down from an average price of US$150 in 2022.

Investors brace as US unleashes tariffs

ELIZA BAVIN  |  THURSDAY, 3 APR 2025
... 10% on all countries and much higher rates on many. While some countries may be able to negotiate the reciprocal tariffs down, many won't." Trump announced reciprocal tariffs on countries based on a calculation of the tariff equivalent of existing ...

Russell Investments, Reach Alts team up to expand private market access

ANDREW MCKEAN  |  WEDNESDAY, 2 APR 2025
... partnership progresses. "Russell Investments' open architecture approach aligns perfectly with Reach Alts' mission to break down barriers and enable advisers to allocate high-quality private markets opportunities for their clients, as well as non-profits ...

Life insurers keep breaking their own rules: Report

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
... a level of human error. However, the current rate of human error must, and it's reasonable to expect that it should, come down," it said. "When breaches arise from human error or process failures, insurers should approach the issue holistically, rather ...

Talaria taps Equity Trustees as RE for three funds

ANDREW MCKEAN  |  TUESDAY, 1 APR 2025
Talaria Asset Management has appointed Equity Trustees as the responsible entity of its three global equity funds. The appointment covers the asset manager's dual access Talaria Global Equity Fund Complex ETF (Cboe: TLRA), the Talaria Global Equity ...

Rest awards US$300m mandate to Miami-headquartered investment manager

ANDREW MCKEAN  |  MONDAY, 31 MAR 2025
Rest has awarded a US$300 million mandate to Miami-headquartered investment manager I Squared Capital for its infrastructure credit strategy. The strategy focuses on providing flexible and structured capital solutions to essential infrastructure assets ...

RBA and ASIC slam the ASX: 'Deeply disappointed'

ELIZA BAVIN  |  MONDAY, 31 MAR 2025
The Reserve Bank of Australia (RBA) and the Australian Securities and Investments Commission (ASIC) have written a damning open letter to the ASX to address their increasing concern over the management of operational risk. In a joint letter to the ASX ...