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Showing 581 - 590 of 8454 results for "Day"

Ex-Merricks commodities guru launches hedge fund

CHLOE WALKER  |  TUESDAY, 30 JAN 2024
... disposal to arbitrage these opportunities. "The impacts of climate change are becoming increasingly evident with each passing day," he said. "We are witnessing extreme weather patterns that are causing droughts, floods, and other disasters." While this ...

Industry leaders celebrate Australia Day honours

KARREN VERGARA  |  MONDAY, 29 JAN 2024
Leaders in financial services and superannuation were among the many to grace the highly coveted Australia Day 2024 Honours List, recognised for services in their respected fields and to the community. Some 1042 Australians received top honours across ...

Emerging markets well placed for 2024

CHLOE WALKER  |  FRIDAY, 19 JAN 2024
Robeco and Principal Asset Management predict strong performance in emerging markets this year from a macroeconomic and valuation standpoint. According to new research by Robeco, the five-year expected return forecast for emerging markets is 8.25% ...

First trillionaire to emerge in next decade: Report

JAMIE WILLIAMSON  |  MONDAY, 15 JAN 2024
... current trends continue, the world will see its first trillionaire within a decade. If each of these men spent US$1 million a day, it would take them 476 years to exhaust their collective wealth. If their wealth continues to rise at the rate it currently ...

Bitcoin ETFs reach US$4.6bn in trading volume on launch day

ANDREW MCKEAN  |  FRIDAY, 12 JAN 2024
On their debut day, spot bitcoin ETFs recorded a total trading volume of over US$4.6 billion, after being approved by the Securities and Exchange Commission (SEC). Following approval to convert its US$28 billion primary bitcoin trust into a spot ETF ...

Bitcoin ETFs given green light by US regulator

ANDREW MCKEAN  |  THURSDAY, 11 JAN 2024
... assets Justin Arzadon said the SEC's decision to approve spot bitcoin ETFs from a range of fund managers is a watershed day for the maturity of bitcoin. "The SEC's approval of spot bitcoin ETFs should add further confidence to the digital asset ...

CSLR estimates $241m to fund backlog of complaints

JAMIE WILLIAMSON  |  TUESDAY, 9 JAN 2024
The board of the Compensation Scheme of Last Resort (CSLR) estimates $241 million will be needed to fund claims lodged with the Australian Financial Complaints Authority (AFCA) between November 2018 and September 2022. The CSLR is set to begin receiving ...

Macquarie Wrap rolls out new features for advisers

ANDREW MCKEAN  |  TUESDAY, 9 JAN 2024
... Macquarie's digital pension withdrawal form, with "most clients" receiving funds within 24 hours compared to the approximate three-day processing time for paper-based requests. Last year, the financial services group strengthened security by developing ...

Insignia Financial class action dismissed by court

JAMIE WILLIAMSON  |  MONDAY, 8 JAN 2024
Just days before Christmas, an Insignia Financial shareholder class action borne out of the Royal Commission was dismissed, with the judge saying there was no evidence provided to prove the group breached disclosure requirements. The class action was ...

Federal Court appoints receivers to investigate Brite Advisors

ANDREW MCKEAN  |  MONDAY, 18 DEC 2023
The Federal Court has appointed Linda Smith and Robert Kirman of McGrathNicol as corporate receivers to probe Brite Advisors, following serious concerns about the management of client pension funds. Smith and Kirman will investigate Brite Advisors and ...