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| | | Now in its 29th year, Financial Standard's Marketing, Advertising and Sales Excellence (MAX) Awards honoured the most influential professionals in the wealth management industry last night. The MAX Awards hosted about 350 people at the glittering ... |
| | | | 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 ... |
| | | | ... 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 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 ... |
| | | | ... 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 ... |
| | | | 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 ... |
| | | | ... 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 ... |
| | | | ... 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 ... |
| | | | ... 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 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 ... |
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