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Showing 821 - 830 of 6955 results for "March"

APAC investors cut PE allocations by 50%

CASSANDRA BALDINI  |  MONDAY, 24 APR 2023
... indicator of the challenging investment environment, S&P Global found. Data from S&P Global and Preqin found as of the end of March, global pension funds had a US$4 million net under-allocation to private equity. Quite like APAC, the drop in private ...

CVC sells 20% stake in Eildon

KARREN VERGARA  |  MONDAY, 24 APR 2023
... Burgess and Mitch Taylor. They manage the Samuel Terry Absolute Return Fund, a wholesale fund that returned 27% in the year to March 2023 and 24% per annum in the last decade. The fund has a 9.7% holding in AMP, and stakes in oil producer Horizon Oil ...

AMP wealth management AUM grows $2bn

ANDREW MCKEAN  |  WEDNESDAY, 19 APR 2023
... funds under management (FUM) benefited from strong investment performance, gaining $290 million during the quarter. As of 31 March 2023, FUM reached $8.77 billion, a 5% increase since December 2021 and a 41% rise since 30 June 2022.

UniSuper awards private debt mandate to Revolution AM

ANDREW MCKEAN  |  TUESDAY, 18 APR 2023
... Australian and New Zealand Private Debt portfolio has been outperforming its objectives, delivering a 9.6% gross return as at 31 March 2023. This performance surpasses the target return of cash plus 4% to 5% (net of fees and expenses). Revolution has ...

ETF industry continues growth: Betashares

CASSANDRA BALDINI  |  MONDAY, 17 APR 2023
Australia's ETF industry grew 2% in March for a total monthly market cap increase of $2.8 billion, according to Betashares' latest review. The report, by Betashares chief commercial officer llan Israelstam, revealed industry assets under management ...

Employment figures no cause for rate hike: Experts

JAMIE WILLIAMSON  |  FRIDAY, 14 APR 2023
The unemployment rate remained steady at 3.5%, with a stronger than expected lift in jobs in March, however economists say it won't lead to a rate hike. According to the Australian Bureau of Statistics, unemployment is at the lowest seen since 1974. ...

Finfluencer barred from running online advice business

CHLOE WALKER  |  FRIDAY, 14 APR 2023
... found Scholz had contravened s911A of the Corporations Act by carrying on an unlicensed financial service business between March 2020 and November 2021. During the time of misconduct, Scholz was found to have posted Instagram stories about particular ...

US CPI inflation rate stays stubbornly high

ANDREW MCKEAN  |  THURSDAY, 13 APR 2023
The Consumer Price Index (CPI) rose 0.1% in March, remaining at 5% year on year. NAB economist Taylor Nugent said the US CPI showed welcome, but not overwhelming, progress. "Headline CPI rose less than expected, up 0.1% month on month, and 5.0% year ...

SVB, Signature Bank securities up for sale

KARREN VERGARA  |  WEDNESDAY, 12 APR 2023
... market functioning by taking into account daily liquidity and trading conditions". The US$209 billion SVB collapsed in mid-March, marking the second largest failure in US history by assets. Listed on the NASDAQ in 2004, Signature Bank had total assets ...

Pension fund ousts chief over US bank losses

JAMIE WILLIAMSON  |  WEDNESDAY, 12 APR 2023
... with immediate effect. He has been replaced by Katarina Thorslund, the fund's deputy chief executive in the interim. In March, Alecta admitted it had incurred significant losses as a result of its investments in the three banks. The losses were in the ...