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Showing 631 - 640 of 4761 results for "Run"

Federal Reserve increases rates 25bp

CASSANDRA BALDINI  |  THURSDAY, 2 FEB 2023
... somewhat but remains elevated. "The Committee seeks to achieve maximum employment and inflation at the rate of 2% over the longer run," it said. "The Committee anticipates that ongoing increases in the target range will be appropriate in order to attain ...

Pella broadens horizons, launches UCITS fund

JAMIE WILLIAMSON  |  TUESDAY, 31 JAN 2023
... Pella Global Securities Sustainable Fund, domiciled in Luxembourg. It applies the same strategy as its Global Generations Fund run locally, founded by chair and chief investment officer Jordan Cvetanovski in 2005. Cvetanovski said his experience in managing ...

Former planner pleads guilty to dishonest conduct

CASSANDRA BALDINI  |  FRIDAY, 27 JAN 2023
A former Melbourne financial planner has pleaded guilty to three counts of engaging in dishonest conduct whilst running a financial services business. ASIC found that between February and March 2015, Bradley Grimm engaged in dishonest conduct on five ...

Bonds are back: GSFM

CHLOE WALKER  |  WEDNESDAY, 25 JAN 2023
... "Well-intentioned but potentially flawed changes to the regulatory environment, particularly in relation to the wage-setting framework, run the risk of entrenching higher inflation in Australia compared to elsewhere." Against that background, the Reserve ...

Court ruling reiterates need to comply with AFCA

CASSANDRA BALDINI  |  WEDNESDAY, 25 JAN 2023
A court ruling has reaffirmed that financial institutions must cooperate with the Australian Financial Complaints Authority (AFCA) or face penalties. The ruling came in a case ASIC brought against home finance companies, General Commercial and Eden ...

Rowe joins Kofkin Bond & Co

JAMIE WILLIAMSON  |  TUESDAY, 24 JAN 2023
Former Countplus chief executive Matthew Rowe is now chair of the firm's advisory board. Rowe has been working with the company for several months now, with Kofkin Bond & Co making the announcement late last week. "As Kofkin Bond & Co continually expands ...

Retirees feel the brunt of inflation: Challenger

CHLOE WALKER  |  TUESDAY, 24 JAN 2023
If the current high levels of inflation continue for years rather than months, many retirees could be facing some difficult spending choices, says Challenger. A new report, entitled Innovations to manage inflation risks, highlights the need for financial ...

Perpetual, Pendal finalise merger

CASSANDRA BALDINI  |  MONDAY, 23 JAN 2023
... efficiencies; growth of our global distribution footprint; building on our leadership in ESG and realising $60 million in expected run-rate pre-tax expense synergies," he said. Adams added the client consent process has proven to be "very successful" ...

Apex Group acquires admin technology provider

JAMIE WILLIAMSON  |  THURSDAY, 12 JAN 2023
Apex Group has acquired Pacific Fund Systems (PFS) from its co-founders and Pollen Street Capital for an undisclosed amount. PFS runs specialist accounting and administration platform PFS-PAXUS, which supports all manner of funds, including hedge funds ...

Don't call it a comeback: APRA on IDII

CHLOE WALKER  |  TUESDAY, 10 JAN 2023
... still a way to travel before the end is reached, according to APRA. Analysis of data to September 2022 shows IDII enjoyed a run of favourable results, reporting net profits after tax for five straight quarters. This followed an extended period of losses ...