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Showing 61 - 70 of 906 results for "RAC"

Investors brace for turbulence as Biden backs out

ELIZA BAVIN  |  TUESDAY, 23 JUL 2024
Investors are preparing for some market turbulence in the US after President Joe Biden pulled out of the race for President against Donald Trump. American Century chief investment officer Rich Weiss said Biden's decision to withdraw as the Democratic ...

Wealth managers rev up for Lifeline, Starlight

KARREN VERGARA  |  FRIDAY, 19 JUL 2024
The Berry Motorfair returns this year with the aim of raising $150,000 for Lifeline Australia and the Starlight Children's Foundation. The event will be held on November 24 at the Coolangatta Estate Winery in Shoalhaven Heads, New South Wales. The ...

UK government to establish national wealth fund

JAMIE WILLIAMSON  |  WEDNESDAY, 10 JUL 2024
Delivering on a key election promise, the newly installed UK government will launch a National Wealth Fund in the coming days to ramp up private sector investment in infrastructure projects. Announced overnight, the UK Infrastructure Bank and the British ...

Heartland finally gets regulatory approval for Challenger Bank acquisition

ELIZA BAVIN  |  MONDAY, 8 APR 2024
Heartland Group Holdings has announced it received indicative regulatory approvals from the Australian Prudential Regulation Authority (APRA) and the Reserve Bank of New Zealand (RBNZ) for Heartland Bank's acquisition of Challenger Bank. Heartland said ...

ASIC wins greenwashing case against Vanguard

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
The Federal Court determined Vanguard misled investors via claims it made about certain ESG screens it applied to its Ethically Conscious Global Aggregate Bond Index Fund. On March 8, the indexing giant admitted to "engaging in conduct that was liable ...

Mayfair 101 regains control of assets, liquidators abandon claims

JAMIE WILLIAMSON  |  MONDAY, 18 MAR 2024
The terms of a $44 million legal settlement reached between Mayfair 101, James Mawhinney and the liquidators of IPO Wealth Holdings have been released to the public. In July 2022, Mayfair 101, its managing director James Mawhinney, and the liquidators ...

PGIM launches new platform in Australia

ELIZA BAVIN  |  MONDAY, 18 MAR 2024
PGIM Real Estate has expanded its agriculture financing platform into Australia as part of the asset manager's global growth strategy. PGIM said Australia marks the first expansion of its agriculture lending business beyond North America. PGIM Real ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
The cost-of-living crisis has the potential to threaten women's financial security in retirement, but there are overlooked yet effective strategies they can undertake to help conquer the obstinate gender superannuation gap. A new survey from Finder ...

Bloom Impact, MSC pulled up for greenwashing

RACHEL ALEMBAKIS  |  THURSDAY, 29 FEB 2024
The now-defunct app-led climate impact fund is the latest entity to cop a fine for greenwashing from the regulator. Melbourne Securities Corporation (MSC) has paid $13,320 to comply with an ASIC infringement notice relating to allegations of misleading ...

Aware, Macquarie partner on green finance

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
Aware Super has inked a US$50 million deal to buy a specialty infrastructure finance company alongside Macquarie Asset Management's (MAM) Green Investment Group (GIG). Aware's private equity team will co-invest in Galway Sustainable Capital ...