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Showing 591 - 600 of 4783 results for "Run"

Family offices ignoring $3.5tn time bomb: KPMG

ANDREW MCKEAN  |  THURSDAY, 1 JUN 2023
Echoing similar findings by UBS, KPMG has found that of the estimated 70% of Australian businesses that are family-run, only 30% have an established succession plan. This comes into focus with a $3.5 trillion intergenerational wealth transfer expected ...

It's painful, but it's working: Lowe

CHLOE WALKER  |  WEDNESDAY, 31 MAY 2023
... Lowe explained. "It could have elected to use this revenue to increase spending, but it didn't, if it had that would have run counter to our desire to reduce spending to get inflation." He added if that money had been recycled back into the economy ...

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 ...