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Showing 801 - 810 of 10513 results for "SET"

BlackRock makes US$12bn acquisition

MATTHEW WAI  |  WEDNESDAY, 4 DEC 2024
BlackRock is set to acquire credit manager HPS Investment Partners for US$12 billion, creating a US$220 billion franchise. Under the deal, the two entities will create a new private financing solutions business, to be led by HPS chief executive Scott ...

Sally Auld to take on chief economist role at NAB

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Alan Oster will retire from NAB as chief economist after 32 years in the role, with Sally Auld set to replace him. Oster, who will finish at NAB at the end of March 2025, joined NAB in 1992 and built a respected economics function, the bank said. NAB ...

Dividends to be down in FY25: Equity Trustees

ELIZA BAVIN  |  TUESDAY, 3 DEC 2024
Equity Trustees Asset Management's head of asset management Darren Thompson has warned that ASX200 FY25 market earnings and dividends are expected to be flat or down compared to FY24. He added that high yielding, major resource companies - such as BHP ...

Resources for the win in 2025: Datt Capital

MATTHEW WAI  |  TUESDAY, 3 DEC 2024
... signals that will drive its performance. In 2025, oil, gold and metals, lithium and copper, as well as industrial metals are set to take off, chief investment officer Emanuel Datt said. Across the industry, Datt said oil producers will benefit from disciplined ...

WA super law reforms boost GESB

JAMIE WILLIAMSON  |  MONDAY, 2 DEC 2024
... leave the public sector or take on secondary employment outside the government. "Superannuation is fundamental in helping to set up our workforce for retirement, and it's important we continue to do what we can to support our public sector workers ...

Objective of super enshrined in law

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
After a decade in the making, an objective of superannuation has been legislated, with the bill passed in parliament yesterday. Now enshrined in legislation following the passage of the Superannuation (Objective) Bill 2023, the objective of superannuation ...

Australian Retirement Trust primed for growth: Morningstar

JAMIE WILLIAMSON  |  FRIDAY, 29 NOV 2024
Morningstar has heaped praise on Australian Retirement Trust (ART), saying it is home to a "high calibre investment leadership team playing to their strengths," but warned of key person risks. In its review of the $305 billion-plus super fund, Morningstar ...

Bullock hints at no rate cut in 2025

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
Reserve Bank of Australia (RBA) governor Michele Bullock has reaffirmed the central bank's stance that interest rates are likely to stay higher for longer as sticky inflation persists. Speaking at a Centre of Economic Development (CEDA) dinner ...

AI no silver bullet for advice process, documentation: Experts

KARREN VERGARA  |  FRIDAY, 29 NOV 2024
Financial advisers are increasingly looking to artificial intelligence (AI) to improve their processes and documentation, but experts warn they must exercise a degree of caution and ensure that anything it produces complies with regulation. A whopping ...

Swan hits back at Bragg: 'That's wrong of you'

ELIZA BAVIN  |  FRIDAY, 29 NOV 2024
... apologise to all those who've been affected. When we first became aware of the magnitude of this problem, [the board] set out to rectify this problem, and something like 80% of unresolved cases have now been dealt with," Swan said. "But we are also ...