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Showing 671 - 680 of 4551 results for "Holding"

Pinnacle distribution director in new role

CHLOE WALKER  |  THURSDAY, 13 APR 2023
... managing partner and head of Australia at Pacific Century Group-backed alternative investment firm Altive, as well as holding several roles over a 13-year tenure at Macquarie Group. In his new role, Brookman will lead Tidal's distribution effort ...

Global X launches new Australian equity ETF

CHLOE WALKER  |  THURSDAY, 13 APR 2023
... and Woolworths. Global X head of investment strategy Blair Hannon said the ETF can be used as a core Australian equities holding or as a sector diversification tool, allowing investors to complement existing blue-chip portfolio holdings in the big four ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
The chief executive of Sweden's Alecta was let go by the fund as it looks to recover from large losses resulting from investments in Silicon Valley Bank, Signature Bank and First Republic Bank. Overnight, Magnus Billing was axed as chief executive with ...

CEFC, Crescent Capital Partners invest in decarbonisation

RACHEL ALEMBAKIS  |  WEDNESDAY, 12 APR 2023
... right thing to do, but also because we believe it will build better and more valuable businesses over the course of our holding period." Since it began investing, the CEFC has committed $240 million to investments which leverage the power of private ...

Franking credit changes could backfire: SMSF Association

ANDREW MCKEAN  |  WEDNESDAY, 12 APR 2023
... issue must have the principal effect of funding the distribution. Burgess said companies often reinvest profits instead of holding them as cash to be distributed to shareholders. "The association contends that for these companies reinvesting profits ...

Maple-Brown Abbott relaunches sustainable fund

CASSANDRA BALDINI  |  WEDNESDAY, 5 APR 2023
The fund manager has repositioned the Maple-Brown Abbott Responsible Investment Fund and relaunched it as the Maple-Brown Abbott Australian Sustainable Future Fund. The changes include updates to the screening process that look to ensure all portfolio ...

Hostplus cuts Choiceplus fees

JAMIE WILLIAMSON  |  WEDNESDAY, 5 APR 2023
The super fund is reducing fees on its direct investment option for members, effective this month. The Choiceplus option enables members to invest in the shares in the S&P/ASX 300, a range of ETFs and listed investment companies (LICs) and term deposits. ...

Former Octaviar director sees charges dropped

CHLOE WALKER  |  TUESDAY, 4 APR 2023
The Commonwealth Director of Public Prosecutions (CDPP) has withdrawn its fraud charges against former Octaviar Investment director David Mark Anderson, citing his ill health. Anderson had been facing 27 charges of fraud, including allegations that ...

Mantis Funds wins new distribution mandate

CHLOE WALKER  |  MONDAY, 3 APR 2023
... helped thousands of investors better navigate uncertainty," he said. "...We think advisers will welcome a core-equity holding that retirees can rely on."

US regulator sues crypto giant, chief executive

CASSANDRA BALDINI  |  TUESDAY, 28 MAR 2023
Binance and its chief executive Changpeng Zhao have been charged by the Commodity Futures Trading Commission (CFTC) following claims of "willful evasion of US law." The CFTC announced it filed a civil enforcement action in the US District Court against ...