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Showing 611 - 620 of 6953 results for "March"

GQG and Magellan see FUM growth

ELIZA BAVIN  |  FRIDAY, 5 APR 2024
... (FUM) today, but one has seen significantly more growth than the other. Magellan reported total FUM of $37.3 billion as at March 28, up from $37.2 billion on February 29. "In March, Magellan experienced net outflows of $0.7 billion, which included net ...

Powell confirms rate cuts likely 'at some point' this year

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... sustainably down' toward the 2% target." Powell's comments came after data showed US services industry growth slowed further in March, while a measure of prices paid by businesses for inputs dropped to a four-year low, suggesting easing inflation pressure. ...

Court rejects Provide Capital's 'illogical' application

KARREN VERGARA  |  WEDNESDAY, 3 APR 2024
... characterised as "fishing" or "trawling" for documents". She also ordered that Provide Capital pay ASIC's costs. In March 2022, ASIC commenced an investigation into Provide Capital for alleged false and misleading representations or misleading or ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
Paul Murray took over as chief investment officer at legalsuper on March 11, succeeding Norman Zhang who departed in December 2023 for a role at Koda Capital. Murray was most recently interim head of alternatives at Future Fund, a role he took on after ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable to mislead the public and that it had made representations ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... on a $15 calculator but were less likely to travel the same distance to save $5 on a $125 calculator. Born in Tel Aviv in March 1934, Kahneman was then raised in Paris, France. During World War II, Kahneman was forced to wear the Star of David when German ...

Director facing $13k fine in first of its kind action from ASIC

ELIZA BAVIN  |  MONDAY, 25 MAR 2024
... with the obligation to have a director identification number (director ID). ASIC did not name the director, but said on March 19 the person appeared in Downing Centre Local Court to be formally charged with one count of contravening section 1272C(1) ...

Super SA names chief executive

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... and brings experience in managing a broad and complex portfolio to the role," Super SA said. He commenced in the role on March 4, taking over from Patrick McAvaney who was serving in an acting capacity. He's now returned to his role as director ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
In its March meeting, the Reserve Bank of Australia (RBA) kept its cash rate unchanged at 4.35%, as predicted by nearly all economists. HSBC chief economist Paul Bloxham stated that the decision was in line with expectations and that there are risks ...

Interest rate cut may not come until 2025, experts warn

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... to bring this forward. "The RBA is likely to still be waiting for more confidence regarding the fall in inflation at its March but the combination of slowing growth, rising unemployment and falling inflation should see it in a position to start cutting ...