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Showing 581 - 590 of 10537 results for "Close"

Brookfield raises $4bn for new alts fund

ELIZA BAVIN  |  THURSDAY, 2 OCT 2025
Brookfield has raised more than $4 billion for the first closing of the Brookfield Infrastructure Debt Fund IV (BID IV). The fund targets high yield debt investments for infrastructure assets and businesses backed by regulated, contracted, or concession-based ...

Macquarie Wrap removes dozens of funds

JAMIE WILLIAMSON  |  WEDNESDAY, 1 OCT 2025
... others, it said it was the decision of Macquarie Investment Management as trustee of the Macquarie Superannuation Plan to close the funds to investment by members. So far, Macquarie has publicly stated around 60 investment options will be removed. However ...

Explosive rise in claims drives new TPD solution for Acenda

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
Acenda has launched a new insurance benefit, Total Permanent Disability (TPD) Severity, in response to a significant surge in claims, particularly for mental health and musculoskeletal conditions. According to the life insurer, there was a 166% increase ...

Australia misses out on global dividends growth

MATTHEW WAI  |  TUESDAY, 30 SEP 2025
Despite global dividends achieving record growth in the first half of 2025, boosted by the weaker US dollar, Australia wasn't so prosperous. According to Capital Group's Global Equity Study Dividend Watch, global dividends increased 7.7% year on year ...

Marketing, communications roles gain momentum

JAMIE WILLIAMSON  |  MONDAY, 29 SEP 2025
Communications roles have exploded in the financial services industry this year, while the number of product management roles on offer is beginning to rise. That's according to Kaizen Recruitment's Marketing Salary Guide FY2025-26, which also found ...

Norges Bank commits over $2bn to energy transition fund

MATTHEW WAI  |  MONDAY, 29 SEP 2025
... regions where Brookfield has established operational presence, NBIM said. The fund raised about $15.3 billion (US$10bn) at its close in February last year ; its predecessor Brookfield Global Transition Fund (BGTF I) closed with $15 billion in June 2022. ...

CSLR publishes paid claims details

JAMIE WILLIAMSON  |  FRIDAY, 26 SEP 2025
... were made in relation to Dixon Advisory. The overwhelming majority of payments relate to personal financial advice, with close to $37 million so far paid to Dixon Advisory and Superannuation Services clients. This is followed by 61 claims paid to clients ...

FINSIA chief executive steps down

ANGELIQUE MINAS  |  FRIDAY, 26 SEP 2025
FINSIA chief executive and managing director Yasser El-Ansary has announced that he is stepping down at the end of the month. FINSIA president David Cox celebrated El-Ansary for his significant contributions to the company during his tenure. "He led ...

Draft laws for insurers' ban on use of genetic test results released

JAMIE WILLIAMSON  |  THURSDAY, 25 SEP 2025
Treasury opened consultation on draft legislation to ban life insurers' use of genetic test results in underwriting. The release of the draft legislation follows the government's announcement in September 2024 that it would implement a total ban, following ...

Inflation rises 3% in August

ELIZA BAVIN  |  WEDNESDAY, 24 SEP 2025
... inflation would not need to drop much further to justify more cuts. "All that is required is for underlying inflation to hold at close to the mid-point of the RBA's target range as official interest rates are currently still at restrictive levels - and ...