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Showing 651 - 660 of 11512 results for "Point"

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
Sequoia Financial Group will hold an Extraordinary General Meeting (EGM) in June that will consider a resolution to remove chief executive and managing director Garry Crole. Sequoia was earlier this month informed by a group of shareholders, that collectively ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... capital. "With rates at multi-year highs, that calculation is more nuanced; some companies are paying down debt at this point in the cycle, using cash that might otherwise have gone to buybacks, but very few are cutting dividends as our forthcoming Global ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
Fund managers that rely on "golden visas" to attract rich investors are waiting with bated breath as the government overhauls Australia's "broken" migration system. Recently, Home Affairs minister Clare O'Neill froze the ability of fund managers' ...

First Sentier axes investment units, AUM takes $14bn hit

KARREN VERGARA  |  TUESDAY, 23 APR 2024
First Sentier Investors (FSI) is shuttering four investment teams, seeing the exit of 30 professionals by the end of the year and the loss of about $14 billion in assets under management. The investment manager this morning announced that its locally ...

Auditors lambast mandatory climate reporting requirements

ELIZA BAVIN  |  TUESDAY, 23 APR 2024
... time, to prove they have no material climate risk," CA ANZ reporting and assurance leader Amir Ghandar said. "What's the point of subjecting Group 3 firms to such costs when the government has already indicated it expects that 95% of them will have no ...

Commercial real estate optimism ticks up

ANDREW MCKEAN  |  THURSDAY, 18 APR 2024
... obsolescence. This is raising the bar on sustainability as tenants are seeking to secure highly accredited green buildings at the point of relocation wherever possible. "While sentiment is improving and many tenants are choosing to upgrade, there is ...

Financial advice exodus has 'bottomed out': ClearView

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... and financial adviser productivity has led to increased business volumes for the last three quarters with the inflection point in the market returning to growth. The positive sentiment comes despite the insurer competing its exit from advice after selling ...

Powell backflips on rates pushing back RBA cut expectations

ELIZA BAVIN  |  WEDNESDAY, 17 APR 2024
... was a backflip from Powell who earlier this month sounded confident the US central bank was aiming to cut rates "at some point this year". The Reserve Bank of Australia (RBA) is expected to cut rates after the US, which means it could be some time yet ...

The Aussie wealthtech firms that are 'most innovative'

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
The annual list of the world's most innovative wealthtech companies was recently released, with several Australian firms making the cut. Iress, GBST, Practifi, Lumiant, and Ignition Advice were all on the list, which was selected by a panel of industry ...

Bell Asset Management announces new chief executive

ELIZA BAVIN  |  TUESDAY, 16 APR 2024
... be joining BAM at a pivotal time in their business. "The team has done an exceptional job building the business to this point, and now we have a wonderful chance to take things to new heights," Lovett said. BAM managed $5.55 billion, as at 31 March 2 ...