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Showing 661 - 670 of 11512 results for "Point"

Global Alternative Funds names managing director

ELIZABETH FRY  |  MONDAY, 15 APR 2024
Oak Hill Advisors executive Signe Brandt has left the T Rowe Price-owned subsidiary to join the rival alternative asset investor. Brandt worked at the $63 billion credit-focused Oak Hill for 13 years, building up its Australian presence. Global Alternative ...

FCA issues notices to Link Fund Solutions, Woodford

KARREN VERGARA  |  FRIDAY, 12 APR 2024
... Decisions Committee. In the event that the FCA makes final decisions, it intends to make its findings public at the appropriate point, but it cannot provide any further detail beyond the warning notice statement at this stage, including about any proposed ...

'Licensee for hire' fined $1.25m by court

JAMIE WILLIAMSON  |  THURSDAY, 11 APR 2024
... obligations as an AFSL holder and competence in complying with its applicable statutory obligations," McEvoy said. "The real point which must be reflected in the penalty imposed is that these obligations were effectively ignored by Lanterne and in consequence ...

Regal shutters East Point AM

KARREN VERGARA  |  TUESDAY, 9 APR 2024
One year since post-acquisition, Regal Partners has shuttered East Point Asset Management (EPAM) following a period of "challenging performance" and the exit of a seed investor. Regal acquired the Hong Kong-based alternative fund manager last year. ...

Australian housing crisis escalates as affordability worsens

ANDREW MCKEAN  |  MONDAY, 8 APR 2024
Rising interest rates and weak disposable income growth have caused housing affordability to drop to its lowest point in decades, according to Queensland Investment Corporation (QIC) senior economists. The economists pointed out that Australian Bureau ...

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

ELIZA BAVIN  |  THURSDAY, 4 APR 2024
... should arrive this year. Now US Federal Reserve chair Jerome Powell has confirmed the bank is targeting a rate cut "at some point this year". "Powell reiterated that the better than forecast US economic performance gives the FOMC time to let data guide ...

Infrastructure a foundational portfolio asset class: IFM Investors

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... infrastructure Kylie Mangini said infrastructure should be treated as a "portfolio cornerstone." "We're at a convergence point where the asset class is starting to become mainstream, with inflows and deal competition ramping up, and a massive opportunity ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... note however, that that didn't eliminate legal risks for financial firms who could still face private actions on this point. We have in the past received complaints at AFCA which are specifically on this point, and this was one such matter." AFCA ...

Vanguard lowers management fees

ELIZA BAVIN  |  WEDNESDAY, 27 MAR 2024
Vanguard Australia has reduced the management fee for the Vanguard Australian Government Bond (VGB) Index ETF by four basis points from 0.20% to 0.16% per annum, effective today. This latest fee reduction follows two fee decreases introduced this time ...

Why this fundie sees the economy making a hard landing

ANDREW MCKEAN  |  MONDAY, 25 MAR 2024
... that a recession begins when the three-month moving average of the unemployment rate rises by 0.5% or more from its lowest point in the past year has flashed red. Although, the national US unemployment rate has risen by 0.3%, 21 US states have triggered ...