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Showing 41 - 50 of 2444 results for "Rich"

Rest names internal global equities lead

ANDREW MCKEAN  |  THURSDAY, 9 NOV 2023
Rest has appointed a seasoned executive to lead its newly formed internal global equities division. Joining the $76 billion industry fund, Richard Mercado is charged with constructing an internal global equities management capability, implementing an ...

Fidelity launches global long-short fund to Aussie market

CASSANDRA BALDINI  |  WEDNESDAY, 25 OCT 2023
... tightening monetary policy and growth headwinds, Solomakhin explained there is an abundance of fear. "This environment creates a rich pool of contrarian investment opportunities," he said. Solomakhin further highlighted how the fund could benefit investors. ...

AAT overturns ASIC ban on investment guru

CASSANDRA BALDINI  |  FRIDAY, 20 OCT 2023
The Administrative Appeals Tribunal (AAT) has nullified ASIC's ban on Dominique Grubisa, an investment guru and DG Institute founder, from participating in credit activities and financial services. In 2022, Grubisa was banned for four years after ...

Startup success hinges on founder personality: Research

KARREN VERGARA  |  WEDNESDAY, 18 OCT 2023
While the vast majority of fintechs fail, a new study from the University of New South Wales finds that their success rate is closely linked to the founder's personality. After using artificial intelligence to analyse the Twitter profiles of 21,000 ...

New advice firm hits Melbourne

CHLOE WALKER  |  WEDNESDAY, 18 OCT 2023
... services to the firm, having served at Tribeca Financial, Endorphin Wealth and Verse Wealth. Sauer said in a world of "get rich quick" schemes and limitless, often contradicting information online, the name Source Wealth and its motto, "your trusted ...

Industrials company launches asset management arm

ANDREW MCKEAN  |  FRIDAY, 13 OCT 2023
Vysarn will launch an asset management subsidiary, targeting investments in water resources, infrastructure assets, and related ownership and tolling opportunities. The ASX-listed industrial company today said that Vysarn Asset Management (VAM) will ...

Pengana launches first global private credit fund

CHLOE WALKER  |  WEDNESDAY, 11 OCT 2023
Pengana Capital Group has introduced its first diversified global private credit investment fund for Australian wholesale and sophisticated investors, with several offerings for retail investors to follow. The Pengana Diversified Private Credit Fund ...

Super tax change to impact SMSF members: Research

CASSANDRA BALDINI  |  WEDNESDAY, 11 OCT 2023
... inequity of the proposed tax, making it extremely difficult for superannuants to plan investments and manage liquidity. "Asset rich, income poor SMSF members will find it difficult to cover their additional tax liability, and this problem is likely to ...

Private credit boom sweeps Australia

KARREN VERGARA  |  TUESDAY, 10 OCT 2023
The private credit boom shows no signs of abating as a spate of wealth managers step into traditional lending practices once dominated by banks. But how long will its golden hour last? After a prolonged low-growth period, fund managers are swooping ...

Betashares carves slice of superannuation pie

CHLOE WALKER, JAMIE WILLIAMSON  |  WEDNESDAY, 27 SEP 2023
Marking its entry into the industry, Betashares is set to acquire Bendigo and Adelaide Bank's superannuation business, in a move labelled great news for consumers. The ETF provider will buy Bendigo Superannuation, taking on its $1.4 billion in funds ...