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Showing 591 - 600 of 5965 results for "Second"

CalSTRS creates Total Fund Management division

ANDREW MCKEAN  |  FRIDAY, 26 JUL 2024
The California State Teachers Retirement System (CalSTRS) has established a Total Fund Management division, according to its latest Investments Branch business plan. CalSTRS chief investment officer Scott Chan, who took on the role this month following ...

ASIC to launch new criminal investigation team

ELIZA BAVIN  |  WEDNESDAY, 24 JUL 2024
... market. One was during the COVID-19 pandemic when global markets experienced a high-level of volatility and trading. The second was in late 2023 as corporate activity increased. ASIC said in both instances it acted quickly to address harmful conduct. ...

Advisers shun major institutions, 500 exit: Rainmaker

KARREN VERGARA  |  WEDNESDAY, 24 JUL 2024
... report said. Insignia is the largest financial advice brand with 1159 registered advisers, down 128 from last year. AMP sits second place with 927, down by 59 since June 2023. Fortnum (up 107%), Lifespan (up 64%), and Clearview (up 44%) are the fastest-growing ...

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
... feeding through to activity and prices." Brown said Schroders was expecting the US economy to expand 2.2% in 2025 under a second Trump presidency, followed by 2.7% growth in 2026. deVere chief executive Nigel Green said Biden's decision to pull out of ...

SEC gives final approval for Ethereum ETFs

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
The Securities and Exchange Commission (SEC) has given final and official approval Ethereum ETFs, making it the second digital asset ETF to hit US markets after Bitcoin ETFs were launched in March this year. Back in May, the SEC approved eight Ethereum ...

Cbus hires from VFMC for key ESG role

ROSE MARY PETRASS  |  TUESDAY, 23 JUL 2024
... also serving on the investment leadership team to develop the investor's strategy and focus on impact. This was her second stint at VFMC, having previously served as stewardship head. Williams said she was "delighted" to now join a "domestically ...

Rest awards private equity mandate to TowerBrook Capital

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... interests, to provide a financial return, with a secondary aim of generating social and or environmental return. This is Rest's second private equity impact investment, following its commitment to a pooled buyout fund run by European private equity firm ...

Wealth managers rev up for Lifeline, Starlight

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
The Berry Motorfair returns this year with the aim of raising $150,000 for Lifeline Australia and the Starlight Children's Foundation. The event will be held on November 24 at the Coolangatta Estate Winery in Shoalhaven Heads, New South Wales. The ...

RBA needs to 'rip the band-aid off' and hike rates: VanEck

ELIZA BAVIN  |  FRIDAY, 19 JUL 2024
... off." Chesler said in addition to the low unemployment rate it was unlikely that wage growth will fall by much when the second quarter wage growth numbers are published in August. "Aggregate wages growth, which haven't been supported by productivity ...

Group insurance cheaper by 25%: Rainmaker

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... insurer with a 42% share of the overall market. It has 52% foothold of NFP funds and 10% in the retail sector. AIA comes in second place with a 27% market share but has 50% of the retail sector. In third spot, MetLife has 14% market share.