Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 891 - 900 of 17943 results for "Bank"

Arrowpoint launches new fund

ELIZA BAVIN  |  WEDNESDAY, 18 SEP 2024
Arrowpoint Capital has launched a new private debt fund targeting high-net-worth investors, super funds and SMSFs. It said the decision to launch the fund came from increased demand for capital from businesses outstripping supply. "The supply of capital ...

Investment boutique calls time after seven years

JAMIE WILLIAMSON  |  TUESDAY, 17 SEP 2024
... ongoing support over the years." Wheelhouse's global fund aimed to deliver long-term returns greater than the Reserve Bank of Australia cash rate plus 2.5% over rolling five-year periods. Since inception it's returned 6.4% against the benchmark's ...

Muzinich & Co. partners to launch infrastructure debt strategy

MATTHEW WAI  |  TUESDAY, 17 SEP 2024
Muzinich & Co. has announced its partnership with Hong Kong-based Orion3 Group to launch an Infrastructure and Real Assets Private Debt Strategy, with an initial focus on Australian opportunities. Orion3 is an investment platform formed with CK Asset ...

WAM tells investors it 'got the call wrong'

ELIZA BAVIN  |  TUESDAY, 17 SEP 2024
... Star Entertainment and troubled glass bottles and cans maker Orora. Haupt also said they missed out on a dazzling rally in bank stocks. "Sometimes we play with fire, and when we play with fire occasionally we get burnt," Ayoub said. "We got that one ...

Federal Reserve rate cuts beckon

ANDREW MCKEAN  |  MONDAY, 16 SEP 2024
... weakening labour market, it makes sense for the Fed to start normalising interest rates and monetary policy." Commonwealth Bank senior economist Belinda Allen said that if inflation returns to target, the Fed's priority should shift to jump-starting ...

FSU steps up calls for reproductive leave policies

JAMIE WILLIAMSON  |  MONDAY, 16 SEP 2024
... can talk to their manager about what they're going through. In recent times, the likes of Cbus, Aware Super, NAB and Police Bank have introduced 12 days of paid menopause and menstruation leave per year as part of a broader framework that provides support ...

Scams prevention framework consultation released

ELIZA BAVIN  |  MONDAY, 16 SEP 2024
... banks are good at alerting us and are often able to stop the fraud very quickly. "Unfortunately, this is not the case with bank transfers, which is where most fraud is happening." Rao said measures that alert consumers that the account they may be transferring ...

ASIC updates super calculator relief instrument

KARREN VERGARA  |  MONDAY, 16 SEP 2024
... the federal government's 2023 Intergenerational Report (IGR), Retirement Income Review, and current midpoint of the Reserve Bank of Australia's target range for consumer price inflation. ASIC said it will review the default inflation rates and amend ...

Dimensional hires institutional sales lead

ELIZABETH FRY  |  FRIDAY, 13 SEP 2024
... spent three years at Merrill Lynch's London office and about the same amount of time at Philadelphia's CoreStates Bank. Dimensional's client group head Nathan Krieger welcomed Bjarnason to the team. "Dimensional has a decades-long history ...

ECB cuts rates for second time

KARREN VERGARA  |  FRIDAY, 13 SEP 2024
The European Central Bank (ECB) dropped interest rates to 3.5%, the second time it's cut by 0.25% this year. The bank lowered rates on the back of inflation data that met its outlook. It anticipates headline inflation to average 2.5% in 2024, 2.2% in ...