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Showing 871 - 880 of 8858 results for "Data"

New Zealand exits recession

KARREN VERGARA  |  MONDAY, 24 JUN 2024
... net immigration," ASB Bank noted. "Long story short, there was still plenty of weakness evident in the Q1 production GDP data, despite headline GDP returning to positive." The country recorded net migration of 126,000 in 2023, according to the OECD ...

Family office, PE firms back local telco infrastructure provider

JAMIE WILLIAMSON  |  MONDAY, 24 JUN 2024
... infrastructure (cellular base stations and towers) in Australia to major telecommunications carriers and tower companies. "With data consumption expected to grow by 30 to 40% per annum, and potentially accelerate, we wanted to ensure we have the resources ...

Betashares promotes key sales execs

ELIZABETH FRY  |  FRIDAY, 21 JUN 2024
... state-owned fund Temasek agreed to buy a minority stake in the exchange-traded fund provider for $300 million. Further, Rainmaker data revealed BetaShares has the fastest ETF flows in the country, making it the second-largest ETF manager, sitting behind ...

Most traded US stocks revealed

ELIZA BAVIN  |  FRIDAY, 21 JUN 2024
The US share market made a comeback in May after a decline in April following moderating inflation data and weak consumer spending offered investors some optimism that interest rate cuts may be around the corner. Trading data from Selfwealth found Nvidia ...

Hamilton Lane closes largest raise at $8.4bn

ELIZA BAVIN  |  THURSDAY, 20 JUN 2024
Hamilton Lane announced the final closing of Hamilton Lane Secondary Fund VI with US$5.6 billion (AU$8.4 billion) in commitments, marking the largest fundraise in the firm's history. Fund VI materially exceeded its original US$5 billion target, seeing ...

RBA issues warning over inflationary spending

ELIZA BAVIN  |  WEDNESDAY, 19 JUN 2024
... board expects that it will be some time yet before inflation is sustainably in the target range." The board said that recent data has reinforced the need to "remain vigilant" to upside risks to inflation. "The path of interest rates that will best ensure ...

Betashares captures most net flows in managed funds industry

ANDREW MCKEAN  |  TUESDAY, 18 JUN 2024
Betashares has commandeered the top spot for net flows among all investment managers in the managed funds industry. The local fund manager, which yesterday received a $300 million injection from Singaporean conglomerate Temasek, amassed $5.3 billion ...

Will ASIC use AI for advice compliance monitoring?

ANDREW MCKEAN  |  MONDAY, 17 JUN 2024
... AI is already being used in advice firms around Australia and each stage of the financial advice process, particularly in data collection, and is likely to be further impacted by emerging AI applications. "Many advisers are now using natural language ...

Innova backs using leverage in super for housing

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... need to consider new ways to accumulate wealth, including through superannuation." Recent Australian Bureau of Statistics data revealed that nationwide, the average price of residential dwellings rose by $14,300 or 1.5% to $959,300, during the quarter. ...

'Little prospect' for RBA hike despite stubborn inflation

ELIZA BAVIN  |  MONDAY, 17 JUN 2024
... change in messaging from the "not ruling anything out" mantra the board has stuck to in recent months. "In the wake of the data flow since the board last met, that seems appropriate. Inflation remains stubbornly high," Miller said. Miller said the April ...