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Showing 891 - 900 of 7376 results for "Marc"

ASX expands partnership program criteria

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
The Australian Securities Exchange is seeking stakeholder feedback for its CHESS Replacement Partnership Program as it updates the eligibility criteria for potential participants. The CHESS Replacement $70 million Partnership Program canvasses industry ...

Uptick in adviser numbers: Research

KARREN VERGARA  |  WEDNESDAY, 3 MAY 2023
The financial advice industry bucked the trend for the first time in more than three years, adding 626 advisers during the March 2023 quarter. A new report by Rainmaker Information shows that the advice profession gained several advisers in the non-aligned ...

Wingate launches third credit fund

KARREN VERGARA  |  MONDAY, 1 MAY 2023
The alternatives fund manager has launched its third credit fund to wholesale investors that invests in corporate debt opportunities in Australia and New Zealand. Wingate Corporate Credit Fund 3 (WCCF3) targets net pre-tax returns of over 10% per annum. ...

Venture capital rout rattles advice technology sector

KARREN VERGARA  |  MONDAY, 1 MAY 2023
The recent collapses of local financial advice startups Creativemass and TIQK indicate that the freewheeling days of venture capital funding is drawing to an end. Creativemass, a financial services software provider used by the likes of AMP and Bombora ...

Future Fund trumps market averages

ANDREW MCKEAN  |  FRIDAY, 28 APR 2023
The Future Fund has delivered a positive 1.1% return over the 12 months ending March 2023, surpassing the ASX (0.1%) and S&P500 (-7.7%). Future Fund Board of Guardians chair Peter Costello explained that as central banks, including the Federal Reserve ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
Lumiant has acquired an app that helps financial advisers monitor clients' health, longevity and aged care risks that could impact retirement. Chicago-based Genivity, deemed a health analysis and longevity optimiser (HALO), will integrate into Lumiant's ...

Citi names local chief executive

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... investor sales, Australia and New Zealand. He also spent 11 years as Citi's head of FX and corporate sales. Woodruff succeeds Marc Luet, who was recently appointed as Citi's chief executive in Japan. In his new role, Woodruff will be responsible for ...

March inflation drops to 7%

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
The Australian Bureau of Statistics (ABS) has reported a decrease in inflation, with the Consumer Price Index (CPI) falling to 7% in the March quarter. ABS head of prices statistics Michelle Marquardt attributed the decrease in inflation to a fall in ...

$100bn withdrawal triggers First Republic stock plunge

ANDREW MCKEAN  |  WEDNESDAY, 26 APR 2023
First Republic Bank's stock price has nosedived following disastrous Q1 2023 results, marked by enormous deposit outflows and decreased revenues. First Republic's results for Q1 2023 showed a 13.4% decrease in revenues, a 19.4% decrease in net interest ...

Insignia reports advice outflows, adviser losses

JAMIE WILLIAMSON  |  WEDNESDAY, 26 APR 2023
Insignia Financial will undertake a rebrand of sorts within its financial advice business in a bid to improve understanding of its various advice channels. It comes as it reports nearly $500 million in outflows for the Advised channel and further adviser ...