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Showing 861 - 870 of 12178 results for "May"

AI can improve super fund value chain: CFA Institute

KARREN VERGARA  |  WEDNESDAY, 18 DEC 2024
... the overall findings, head of advocacy for EMEA at the CFA Institute Olivier Fines said AI and machine-learning technologies may allow providers to offer more personalised services and dynamic support for members. "We believe AI should play a major role ...

Chalmers defends budget deficits in MYEFO

ELIZA BAVIN  |  WEDNESDAY, 18 DEC 2024
... debt for Australians to repay." The Treasurer reported that the deficit for this year will be $1.3 billion smaller since the May budget, and $20 billion smaller than it was in the pre-election fiscal outlook (PEFO). "We are on track for a soft landing ...

AMP defies super fund herd with Bitcoin bet

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... was done "following testing and careful consideration by the investment team." She said that the position, established in May, remains a fractional component of a highly diversified asset mix, and "we fully appreciate the risk and volatility characteristics ...

Perpetual takeover 'not in the best interests of shareholders'

ANDREW MCKEAN  |  TUESDAY, 17 DEC 2024
... commissioner refused to give Perpetual a guarantee that it won't face additional taxes and also suggested that extra taxes may be possible. If additional taxes are applied, Perpetual's total tax bill could rise to an estimated $488 million, not including ...

Trustee valuation processes 'concerning': APRA review

JAMIE WILLIAMSON  |  TUESDAY, 17 DEC 2024
... asset classes," APRA said. "In some cases, members of committees overseeing valuations included individuals whose remuneration may be dependent on the outcome of the valuation process, in particular from asset management or investment management functions ...

TPG co-founder David Bonderman dies

JAMIE WILLIAMSON  |  FRIDAY, 13 DEC 2024
David Bonderman, the co-founder of global alternatives investor TPG, passed away this week. Bonderman, affectionately known as 'Bondo' to many, was also founder of Wildcat Capital Management, the Bonderman family office, and owner of National Hockey ...

Unemployment drops below 4%

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... percentage points higher than March 2020." VanEck head of investments and capital markets Russel Chesler said the low unemployment may push back hopes for an interest rate cut early next year. "A spike in the unemployment rate would be a red flag for ...

Wellington client exec departs

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... office as a regional business manager for the investment platform. Davies is understood to be retiring from full-time work, but may return to the industry in a non-executive or part-time capacity after taking a break over the next year, including some ...

Venture capital exits expected to grow in 2025: Preqin

ELIZA BAVIN  |  THURSDAY, 12 DEC 2024
... months, up from 40% in the 2023 survey. "The outlook for venture capital is better going into 2025. Falling rates in the US may prompt an improvement in performance and exits," Preqin global head of research insights Cameron Joyce said. "We expect early-stage ...

Active Super transfers members to Challenger

JAMIE WILLIAMSON  |  WEDNESDAY, 11 DEC 2024
... with about $29 billion in funds under management and 170,000 members. The two funds signed a successor fund transfer deed in May this year, around the time the merger was originally expected to have finalised.