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Showing 711 - 720 of 4625 results for "Holding"

Super gender balance gap increases

KARREN VERGARA  |  FRIDAY, 9 JUN 2023
... had $197,431 and women saved $156,192 in their nest egg. Workers in New South Wales sit in third spot with men and women holding $193,448 and $155,940 respectively. A high super balance does not necessarily emanate from a large pay packet. The ATO found ...

Director charged over illegal investment scheme

JAMIE WILLIAMSON  |  THURSDAY, 8 JUN 2023
A former financial adviser is facing several charges of dishonest conduct and dealing in proceeds of crime after he convinced clients to open SMSFs to invest in businesses he owned, all while operating unlicensed. Ashley Vincent Arandez fronted the ...

Super fund ESG options underweight BHP, overweight CSL

RACHEL ALEMBAKIS  |  THURSDAY, 8 JUN 2023
Super fund ESG options on average have "sharply reduced" exposure to BHP, Woodside Energy and Transurban while being overweight CSL, Telstra and ResMed, according to Rainmaker Information. Rainmaker Information has released its most recent Rainmaker ...

SEC sues Binance, chief executive

JAMIE WILLIAMSON  |  TUESDAY, 6 JUN 2023
The Securities and Exchange Commission is suing the world's largest crypto exchange and its chief executive Changpeng Zhao for allegedly lying to regulators and mishandling billions of investor dollars. Binance Holdings, BAM Trading Services, BAM Management ...

Economists divided over cash rate decision

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... HSBC chief economist Paul Bloxham concurs that a hike is unlikely, but equally can't be ruled out. "The arguments for holding steady include that: the recent falls in retail sales and building approvals suggest weakening growth; the April jobs numbers ...

Dexus, Partners Wealth Group airport fund to take off

CHLOE WALKER  |  MONDAY, 5 JUN 2023
... Fund. The fund, dubbed WAF, also provides exposure to the Australia Pacific Airports Corporation (APAC), the unlisted holding company of Melbourne Airport and Launceston Airport. The initial raise, via Partners Private, is targeting over $130 million ...

Nanuk launches currency hedged unit class

ANDREW MCKEAN  |  WEDNESDAY, 31 MAY 2023
... dollar." The fund's currency hedging strategy primarily involved mitigating direct foreign currency exposure that arises from holding international currency-denominated cash and equity securities. This is typically achieved by entering forward foreign ...

Fractional farmland investing platform launches

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... affordable, simple entry for those who have a personal interest in food production or rural lifestyle at the same time as holding potential for corporates, high-net-worth parties and self-managed funds to benefit from the simple process the platform ...

AMP restructures wealth management, chief exits

KARREN VERGARA  |  MONDAY, 29 MAY 2023
... since the Hayne Royal Commission is AMP Bank, New Zealand Wealth Management (NZWM), and remnants of AMP Capital like a 15% holding in China Life AMP Asset Management (CLAMP) and 23.9% interest in Pacific Coast Capital Partners.

Income Asset Management buys credit fund

CHLOE WALKER  |  THURSDAY, 25 MAY 2023
... compensates us for the effort put into the firm and the return of our $1m loan is a heathy injection of cash on top of the cash holding," IAM said. IAM said its clear objective is to build a formidable funds management business across formal discretionary ...