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Showing 781 - 790 of 12175 results for "May"

Freezing order slapped on First Guardian Master Fund, Falcon Capital

KARREN VERGARA  |  MONDAY, 3 MAR 2025
... Guardian Master Fund is run by First Guardian Capital, a Melbourne-based investment management and corporate advisory firm. In May 2024, Falcon Capital suspended redemptions and applications for the First Guardian Master Fund "to allow for a restructure ...

Metrics acquires BC Investment Group

ELIZA BAVIN  |  MONDAY, 3 MAR 2025
... to acquire the balance of shares not already held by the Credit Trust is $140.3 million, however a deferred consideration may be payable based on the financial performance of BCI against defined targets in the 12-month period after completion. Then maximum ...

Outlook favourable for practice valuations: Guide

JAMIE WILLIAMSON  |  FRIDAY, 28 FEB 2025
... buyer's business - the most common transaction type - could sell for 2.5 to 3.2 times recurring revenues. A risk-only business may go for 2.5 to 3.0 times, it said. Meantime, a large financial planning business with revenues north of $3 million but not ...

'Less revenue for us': AustralianSuper on closing multiple accounts

ELIZA BAVIN  |  THURSDAY, 27 FEB 2025
... identify and merge members' multiple accounts in the way the law required for the period between 13 March 2019 and 11 May 2023. More than 90,000 members incurred $69 million in losses from multiple administration fees and insurance premiums and investment ...

Court acts against two with links to Shield Master Fund

JAMIE WILLIAMSON  |  THURSDAY, 27 FEB 2025
... shortfall when comparing the monies invested in the ADPF against the value of the assets of the ADPF" and "investor funds may have been misapplied."

ASIC turns up the heat on private markets

KARREN VERGARA  |  WEDNESDAY, 26 FEB 2025
... markets: A discussion paper on the dynamics between public and private markets, putting forth a host of reasons why the sector may need its intervention. ASIC defines private markets as "private capital funds, non-bank financial lending and investments ...

Platinum rolls out major leadership reshuffle

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... remuneration package will see Peters receive a fixed remuneration of $1.1 million, with retrospective effect from 1 March 2025. He may also be eligible to receive a maximum of $1.32 million (120% of fixed remuneration), in short-term incentives. For ...

Deflation continues, albeit slowly

ELIZA BAVIN  |  WEDNESDAY, 26 FEB 2025
... Australia's (RBA) target range of 2-3%. "While market consensus has shifted towards an 80% probability of the next cut being in May, we don't see this happening until later in the year," Chesler said. "The recent rate cut doesn't mean we have inflation ...

Macquarie shutters 30-year-old fund

MATTHEW WAI  |  TUESDAY, 25 FEB 2025
... minimum initial investment of $100,000. The fund returned 6.41% for the past 12 months as at January 31. Further, investors may "crystallise" a taxable gain or loss in respect of their units in the fund. "The fund will also crystallise gains or losses ...

Cbus appoints deputy investment chief

KARREN VERGARA  |  TUESDAY, 25 FEB 2025
... for five years following a long career advising super funds at Frontier Advisors. Campbell, whose departure was announced in May 2024, left the fund after four years. Cbus chief investment officer Brett Chatfield said that the appointment reflected the ...