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Showing 791 - 800 of 4973 results for "Limit"

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
... of hikes this year, pushing the funds rate to 4.4% by December end. "The US economy is still travelling above its speed limit. As long as the economic data continues to be solid, and core inflation remains high, the Fed will face continued pressure to ...

VC sector risks running cold

CHLOE WALKER  |  FRIDAY, 23 SEP 2022
Recent months have seen a lot of eyes on the venture capital space, for reasons good and bad. While celebrities like tennis star Serena Williams are showing enthusiasm, rising interest rates have caused some to question the sector's outlook. Last ...

iPartners welcomes first NZ hire

CASSANDRA BALDINI  |  TUESDAY, 20 SEP 2022
iPartners has appointed Thom Bentley as its director head of capital markets in New Zealand. Bentley, who officially joined last Thursday, is the first local hire made by the Australian alternatives investor and will be based in Queenstown. Going forward ...

Link rejects latest Dye & Durham proposal

ANDREW MCKEAN  |  MONDAY, 19 SEP 2022
Link Group said it's unable to recommend the latest Dye & Durham offer and intends to evaluate alternatives for the business should it not eventuate. Recently, the UK's Financial Conduct Authority (FCA) approved Dye & Durham's takeover of ...

Former fund manager, philanthropist Brian Sherman passes away

CHLOE WALKER  |  THURSDAY, 15 SEP 2022
Brian Sherman has passed away at age 79 after a long battle with Parkinson's disease. South-African born Sherman was chair and joint managing director of investment house EquitiLink Group. In his memoir, Lives of Brian, he recounted how he came to Australia ...

2022 is the hardest year to retire: Report

CASSANDRA BALDINI  |  WEDNESDAY, 14 SEP 2022
According to new data, this year could be the most challenging in recent history to retire. Natixis IM shared its annual NIM Global Retirement Index (GRI) data and report named Danger Zone and said market downfall, low rates and inflation are taking ...

Mind the managed accounts roadblocks: MLC

ANDREW MCKEAN  |  WEDNESDAY, 14 SEP 2022
In opening the Financial Standard Managed Accounts Forum, MLC head of investment consulting (managed accounts) Brent Bevan explained the greatest roadblocks that stop the creation, adoption, or rollout of managed account programs. Addressing how there ...

Stop orders placed on property funds

CHLOE WALKER  |  WEDNESDAY, 14 SEP 2022
ASIC has placed interim stop orders on made interim stop orders on two property funds after failings with their target market determinations (TMDs). The two funds were the Australian Residential Property (ARP) Fund and Private Property Trust No.20. ...

Charges laid against former BBY head of operations

CASSANDRA BALDINI  |  TUESDAY, 13 SEP 2022
Former BBY Limited head of operations Fiona Mae Bilton has been charged with three counts of dishonestly obtaining a financial advantage. Bilton was found to have deceived St George Bank on 115 separate occasions between June 2013 and May 2015. The ...

CSLR legislation tabled, advice sector responds

ANDREW MCKEAN  |  FRIDAY, 9 SEP 2022
The government has advanced its commitment to establish a Compensation Scheme of Last Resort (CSLR), releasing for consultation exposure draft regulations. The CSLR will facilitate the payment of compensation of up to $150,000 to eligible consumers ...