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Showing 881 - 890 of 6251 results for "December 3"

Laureola Advisors launches new fund

CHLOE WALKER  |  MONDAY, 26 SEP 2022
The US based advisory firm has launched a new fund, investing exclusively in life settlements, as the business sets in motion plans for growth in Australia. With a minimum investment of US$5 million, the fund targets an 8% net return to investors, is ...

George Lucas to depart Raiz Invest

ANDREW MCKEAN  |  MONDAY, 26 SEP 2022
Raiz managing director and joint group chief executive (international) George Lucas will leave the company effective from December 31. In an ASX announcement, the board acknowledged Lucas' work in establishing Raiz and for his leadership of the company ...

Federal Reserve bumps interest rate by 0.75%

JAMIE WILLIAMSON  |  FRIDAY, 23 SEP 2022
The Federal Reserve has raised benchmark interest rates by another 0.75% and warned of further significant hikes to come. The Fed's funds rate is now in the range of 3%-3.25%, which is the highest it's been since before the Global Financial Crisis. ...

Ethical ETF popularity soars

RACHEL ALEMBAKIS  |  FRIDAY, 23 SEP 2022
Demand for ethical ETFs continues to surge, surpassing $8 billion, according to BetaShares. Total ethical ETFs listed on the ASX and Cboe are more than $8.5 billion, with BetaShares' range of ethical ETFs constituting nearly half, according to BetaShares ...

Ethereum merge: What it means for crypto

ANDREW MCKEAN  |  FRIDAY, 16 SEP 2022
Ethereum's long-awaited merge has been finalised, the US$180 billion cryptocurrency's upgrade to a proof-of-stake mechanism slashing its energy consumption by 99.95%. Explaining the merge, Labrys founder and chief executive Lachlan Feeney said: "The ...

Local head named for BNP Paribas custody business

JAMIE WILLIAMSON  |  WEDNESDAY, 14 SEP 2022
Nine months after David Braga departed as BNP Paribas Securities Services head of Australia and New Zealand, his replacement has been named. State Street's Daniel Cheever has taken over the role with immediate effect, the custodian said. It follows ...

ASIC bans Sterling & Freeman director

ANDREW MCKEAN  |  WEDNESDAY, 7 SEP 2022
ASIC has banned Wayne Christopher Saman, the sole director of Sterling & Freeman Advisory for a period of five years. Saman was banned because an ASIC surveillance found he was involved in Sterling & Freeman's contravention of financial laws. Sterling ...

Future Fund assets drop to $194.4bn

CASSANDRA BALDINI  |  WEDNESDAY, 31 AUG 2022
Future Fund assets slipped almost by 5% to $194.4 billion from its $203.6 billion December peak. The Australian sovereign wealth fund reported a 3.1% drop in its return for three months to June and a 1.2% decline from $196.8 billion over last year. ...

Mercer Super, Lutheran Super to merge

JAMIE WILLIAMSON  |  TUESDAY, 23 AUG 2022
After months of delay, Lutheran Super has announced it will merge with Mercer Super. Lutheran Super members were informed of the decision yesterday at the fund's annual members meeting. It's a logical move for the funds; in addition to being ...

Unlicensed forex trader extradited from Poland

CHLOE WALKER  |  FRIDAY, 19 AUG 2022
Unlicensed foreign exchange trader Daniel Farook Ali has faced the Brisbane Magistrates Court charged with eight counts of fraud, after being extradited from Poland and arrested following an ASIC investigation. The corporate regulator alleges that between ...