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Showing 871 - 880 of 14210 results for "Interest"

Trump inaugurated as 47th President

ELIZA BAVIN  |  TUESDAY, 21 JAN 2025
... of meme coins, here's what the experts are saying as Trump 2.0 kicks off. Market mayhem Investors are reducing bets on interest rate cuts in the US and pricing in more potential inflation under a Trump government, which could continue to weigh on stock ...

BlackRock settles lawsuit for 'misleading consumers'

ANDREW MCKEAN  |  MONDAY, 20 JAN 2025
BlackRock has reached a settlement in a lawsuit filed by the State of Tennessee, which alleged the asset manager misled consumers about how much its investment strategies were influenced by ESG considerations. Tennessee's suit alleged BlackRock failed ...

Grattan Institute renews calls for best-in-show super funds, partial annuitisation

KARREN VERGARA  |  MONDAY, 20 JAN 2025
The Grattan Institute is urging the government to mandate the partial annuitisation of Australians' superannuation and implement the 'best-in-show' list of funds to help simplify a "complex" system and allow retirees to spend their savings ...

GAM boosts local sales team

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
... director - who replaced Alex Zaika late last year - said GAM's new alternative products that are receiving strong interest include a sports fund managed by Avenue Capital Group and backed by star athletes targeting high-growth franchises and an evergreen ...

Legalsuper hunts for CIO

ELIZABETH FRY  |  THURSDAY, 16 JAN 2025
Legalsuper is looking for a new investment chief, following the resignation of Paul Murray who departed the industry fund just nine months into the job. Chief executive Luke Symons confirmed that Murray resigned from the fund on 20 December 2024 for ...

Dexus opts to shutter Asian REIT fund

JAMIE WILLIAMSON  |  THURSDAY, 16 JAN 2025
... considered all available options, the outcome of the review concluded that the termination of the fund was in the best interest of all investors." The termination is expected to occur by March 24 with final distributions planned to be made around mid-April. ...

Unemployment edges up despite jobs added

ELIZA BAVIN  |  THURSDAY, 16 JAN 2025
... imports," he said. Betashares chief economist David Bassanese agreed the jobs data did not make a case for a near-term interest rate cut. "The impressively resilient strength in the labour market remains a major reason why the Reserve Bank of Australia ...

TPB welcomes stay of sanctions against disqualified agents

MATTHEW WAI  |  THURSDAY, 16 JAN 2025
... obligation to make examples out of these entities to ensure public confidence in tax agents. "These cases recognise the public interest in all tax practitioners acting with honesty, in supporting their clients, preserving professional and ethical standards ...

Subscription EVs attract HESTA, IFM interest

JAMIE WILLIAMSON  |  WEDNESDAY, 15 JAN 2025
IFM Investors and HESTA, by way of its mandate with the former, will take a 49% stake in Splend Group, a provider of subscription electric vehicles. IFM Investors has made the investment via its Growth Partners Fund 2, with HESTA and others also investing ...

BlackRock loses senior executive touted as Fink's successor

ANDREW MCKEAN  |  WEDNESDAY, 15 JAN 2025
BlackRock senior managing director, head of global client business Mark Wiedman - who was regarded as a potential successor to chief executive Larry Fink - is exiting the asset manager. Wiedman is responsible for BlackRock's commercial relationships ...