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Showing 571 - 580 of 4761 results for "Run"

JPMorgan developing investment advice AI

ANDREW MCKEAN  |  TUESDAY, 30 MAY 2023
JPMorgan has filed a trademark for an AI-powered investment advisory tool, IndexGPT. It's envisioned IndexGPT will harness the power of "cloud computing software using artificial intelligence" to analyse and select securities that are tailored to ...

US debt ceiling agreement reached

CASSANDRA BALDINI  |  MONDAY, 29 MAY 2023
... trillion (US$31.4 trillion) debt ceiling following a warning from Secretary of Treasury Janet Yellen that the government would run out of money on June 5. "We still have a lot of work to do but I believe this is an agreement in principle that's worthy ...

Melissa Caddick declared dead by coroner

JAMIE WILLIAMSON  |  FRIDAY, 26 MAY 2023
The fraudster who purported to be a financial adviser to scam upwards of $23 million out of family and friends is likely dead, the inquest has found. That was the key finding delivered by the NSW Coroner yesterday, though the nature of her demise could ...

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
... The River Capital Liquid Credit Fund is a high conviction fund using bottom-up, fundamental credit analysis. It is currently run by River Capital, a multi-asset boutique based in Melbourne. IAM has paid $350,000 upfront and will implement a deferred ...

Macquarie terminates alternatives fund

CASSANDRA BALDINI  |  WEDNESDAY, 24 MAY 2023
... without such increases. "The fund is currently small in scale and therefore, the expenses, on a per unit basis, required to run it are relatively high," Macquarie said. "Accordingly, we have made the decision to terminate and wind up the fund. We believe ...

MySuper inches to $1tn

KARREN VERGARA  |  WEDNESDAY, 24 MAY 2023
... corporate funds ($56.9bn) on the other hand dropped 1% and 4% respectively. Self-managed super funds also had a disappointing run, declining 3% to $889.5 billion. Industry funds delivered 6.2% worth of five years annualised returns, while retail funds ...

Blackwattle Investment Partners debuts

CHLOE WALKER  |  TUESDAY, 23 MAY 2023
... Blackwattle is looking to buy the best possible businesses within a given industry. "We like businesses that afford advantage, run by trustworthy management teams, at the right price. And that's what we will do for the long term for our client's ...

Art tops UHNWs shopping lists

CHLOE WALKER  |  THURSDAY, 18 MAY 2023
Among Australian ultra-high-net-worth individuals (UHNWIs) the top three investments of passion last year were art, cars, and watches, according to Knight Frank's latest luxury investment index (KFLII). The KFLII, which tracks the value of 10 investments ...

What you need to know about the 2023-24 budget

KARREN VERGARA  |  TUESDAY, 9 MAY 2023
... the aged care sector. For financial advisers, the budget promised several measures that will make it easier and cheaper to run their businesses, starting with a tax incentive that encourages the use or upgrade of energy efficient machines. The Small ...

SEC charges duo over church-based fraud

JAMIE WILLIAMSON  |  FRIDAY, 5 MAY 2023
A man and his father-in-law were charged by the US regulator for running a $30 million Ponzi scheme in which they targeted churchgoers, gaining their trust with claims their wealth and success was due to divine intervention. According to the SEC, between ...