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Showing 581 - 590 of 3205 results for "Power"

Macquarie profits boosted by commodities

CASSANDRA BALDINI  |  TUESDAY, 7 FEB 2023
... contribution was "substantially" up on the prior year. "Mainly due to exceptionally strong results in commodities including gas and power contributions across all regions in commodities and global markets (CGM) partially offset by a lower level of realisations ...

Insignia saves thousands of hours with AI

CASSANDRA BALDINI  |  MONDAY, 30 JAN 2023
Implementing an artificial intelligence solution has saved Insignia Financial tens of thousands of working hours, it says. The financial services company rolled out its first digital worker called Optimus in 2019 and has since steadily increased its ...

Praemium takes 53% hit to inflows

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
Praemium has reported a $1.02 billion hit to its net inflows for the half year to December 31, down 53% from the same time last year. Praemium chief executive Anthony Wamsteker said: "Investor sentiment has been very subdued in the wake of three successive ...

Bloom raises $500k in seed funding

RACHEL ALEMBAKIS  |  FRIDAY, 20 JAN 2023
Fintech Bloom Impact has raised $525,000 in seed round funding. The climate impact app's funding round was led by Euphemia, the family office of Up co-founder Dominic Pym, and with Envato founders Collis and Cyan Ta'eed. Bloom Impact offers ...

SWFs shrink for first time ever: Report

CASSANDRA BALDINI  |  MONDAY, 16 JAN 2023
... is not a single living practitioner today with the experience of investing in a multipolar world, characterised by great power rivalry and strategic competition across all domains," said Global SWF senior adviser Andrew Rozanov. "Will the US and China ...

APAC airports well positioned for recovery: Study

CHLOE WALKER  |  FRIDAY, 13 JAN 2023
... the sector's fundamentals to remain robust due to post-pandemic pockets of demand," it said. "We anticipate Asia Pacific power and renewables projects to see increasing electricity demand in 2023, although growth rates will be lower than in previous ...

BlackRock appoints APAC head of wealth

CASSANDRA BALDINI  |  TUESDAY, 10 JAN 2023
BlackRock has named veteran James Raby as its APAC head of wealth, based in Hong Kong. He will report into BlackRock chair and head of APAC Rachel Lord and replaces Guilherme Lima. With more than 15 years of experience at the firm, Raby has held various ...

Regulators urge ASX to maintain CHESS

ANDREW MCKEAN  |  THURSDAY, 15 DEC 2022
... the ongoing operation of CHESS, which will be audited by Ernst & Young. This is the first time ASIC has used its delegated power under the Corporations Act 2001 against an operator of a licensed market infrastructure for the purposes of auditing the ...

Apollo increases Challenger stake

ANDREW MCKEAN  |  WEDNESDAY, 14 DEC 2022
Apollo Global Management has taken a further stake in Challenger, it now has 19.1% voting power in the ASX-listed investment manager. As previously reported by Financial Standard, last year, Will Vicars' Caledonia sold its 15% stake in Challenger to ...

Fixed interest themes you can't ignore: Janus Henderson

ANDREW MCKEAN  |  TUESDAY, 13 DEC 2022
... said. "The potential opportunities are broad and include initiatives related to green hydrogen, solar, wind, hydro-electric power generation and battery storage, along with the infrastructure required to enable the electrification of the economy." He ...