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Showing 741 - 750 of 9739 results for "Major"

Wealth managers rev up for Lifeline, Starlight

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
... distribution and the event's founder Jordan Tang said: "What started as a small community event has blossomed into a major highlight on the calendar for car enthusiasts and families alike. The new venue at Coolangatta Estate Winery will help us deliver ...

Canned 'golden visas' ruffle fund managers

KARREN VERGARA  |  THURSDAY, 18 JUL 2024
... rich investors. The federal government canned the Business Innovation and Investment Program (BIIP), which comprises three major visa streams that provided a pathway to residency in Australia, in the 2024-25 Budget. It allocated $1.4 million to roll ...

The most popular fund types launched in Australia

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... funds. "Investors have recognised that non-bank lenders and their private credit funds can provide a source of income. The major traditional banks have reduced their overall lending and these newer fund managers have stepped-in to fill the gap and are ...

Kidmans acquires wealth advisory firm

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... clients into Kidmans." Count has a 64.15% stake in Kidmans, according to the ASX-listed firm's 2023 annual report. It also has major stakes in several advice and accounting firms that include Unite Advisory (69%), Accurium Holdings (85%), and Evolution ...

SSGA expands risk-based ETF model portfolios

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
State Street Global Advisors (SSGA) has announced the expansion of its State Street risk-based ETF model portfolios to include a new High Growth investment option. The High Growth model will be available to financial advisers on the Praemium, HUB24 ...

Equip Super returns 9.23% to members

ELIZA BAVIN  |  WEDNESDAY, 17 JUL 2024
Equip Super has revealed its Balanced Growth option achieved a return of 9.23%, and its Growth Plus option delivered 12.12%. Equip Super chief investment officer Andrew Howard said despite a challenging global backdrop, rising interest rates and ongoing ...

MLC awards $285m mandate to Janus Henderson

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... Janus Henderson said the mandate showcased the growing need for Australian institutional investors to have exposure beyond major market indices. The mandate will be invested in the Janus Henderson Emerging Markets Equity strategy. The strategy was first ...

ANZ, Westpac 'the cheapest majors': Morningstar

ANDREW MCKEAN  |  MONDAY, 15 JUL 2024
ANZ Group and Westpac have been identified as the cheapest major banks in an "overvalued sector," while Commonwealth Bank was deemed expensive by new Morningstar research. Morningstar senior equity analyst Nathan Zaia said that the valuation divergence ...

Clime chief executive resigns

KARREN VERGARA  |  MONDAY, 15 JUL 2024
... services to their financial advice networks - but it fell through. Early this year, Clime avoided a board spill whereby major shareholder Torres Industries, which is associated with former Clime chair Don McLay, attempted to oust directors John Abernethy ...

Platinum ends FY24 with $13bn FUM

KARREN VERGARA  |  FRIDAY, 12 JUL 2024
Platinum Asset Management ended the 2024 financial year with $13 billion in funds under management (FUM), down nearly 30% from the prior year. The fund manager saw about $234 million exit in net flows in the month of June. The majority of this - $195 ...