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Showing 681 - 690 of 6933 results for "Act 1993"

Traditional economic indicators have 'tanked': Economist

ELIZA BAVIN  |  THURSDAY, 5 SEP 2024
Speaking at Activam Group's act Conference today, AMP deputy chief economist Diana Mousina said economists can no longer rely on traditional economic indicators to make accurate predictions. Mousina noted that many economists have been predicting a ...

Evergreen funds prime for retail PE investors

MATTHEW WAI  |  THURSDAY, 5 SEP 2024
During a panel session at the act Conference 2024 yesterday, private equity experts spoke of the growing appeal of evergreen funds as a vehicle for retail investors looking to invest in private markets. Unlike traditional private funds, evergreen funds ...

ClearBridge launches new ESG fund

MATTHEW WAI  |  WEDNESDAY, 4 SEP 2024
ClearBridge Investments has launched the Global Value Improvers Fund, which aims to provide exposure to undervalued companies and those that are currently improving on ESG measures. This comes after ClearBridge launched its first global equity option ...

CFS reviews Ironbark mandate

KARREN VERGARA  |  TUESDAY, 3 SEP 2024
Colonial First State (CFS) is reviewing its mandate with Ironbark Asset Management, which recently decided to sever ties with Royal London Asset Management (RLAM), whose former investment team left to set up a new Pinnacle Investment Management affiliate. ...

Former Courtenay House director sentenced

MATTHEW WAI  |  TUESDAY, 3 SEP 2024
Former Courtenay House director Tony Iervasi has been sentenced to prison for 11 years, with a non-parole period of seven years, for his involvement in one of the nation's biggest Ponzi schemes. Between 13 December 2010 and 21 April 2017, Iervasi ...

Australian ETF market hits $206bn: Global X

MATTHEW WAI  |  MONDAY, 2 SEP 2024
The Australian exchanged-traded fund (ETF) sector will likely hit $1 trillion by 2030, accelerating at a faster rate than the US today. According to Global X's Australia ETF Landscape report, the ETF market grew 37.3% over the past year to $206.2 ...

Rest rebrands with new look

KARREN VERGARA  |  MONDAY, 2 SEP 2024
The $85 billion fund has unveiled a new look in a bid to make the superannuation experience simple for its two million members. Rest's logo has been updated with a different typography, exclusively in the colour green. Rest chief member officer ...

Acadian AM launches two new credit strategies

ELIZA BAVIN  |  MONDAY, 2 SEP 2024
Acadian Asset Management has added to its credit lineup with the launch of a Global High Yield and US Investment Grade offering. The new strategies will be managed by senior vice president and director of systemic credit Scott Richardson and his team ...

FSU campaigns against workplace surveillance

JAMIE WILLIAMSON  |  FRIDAY, 30 AUG 2024
The Finance Sector Union (FSU) is backing calls for a Privacy in Working Life Act to prohibit unnecessary surveillance of employees by companies and to ensure any surveillance is regulated. The Victorian government is currently undertaking an Inquiry ...

CLSA penalised over data mistakes

MATTHEW WAI  |  FRIDAY, 30 AUG 2024
CLSA Australia paid a penalty of $144,300 in relation of an infringement notice for failing to provide correct regulatory data to the relevant market operator. The infringement noticed, given by Markets Disciplinary Panel (MDP), considered that from ...