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Showing 931 - 940 of 12383 results for "May"

Bullock hushes rate cut expectations

ELIZA BAVIN  |  FRIDAY, 11 APR 2025
Reserve Bank of Australia (RBA) governor Michele Bullock has calmed market expectations for an interest rate cut in May, saying it is too early for the bank to decide yet. Bullock noted the extreme market volatility because of US President Donald Trump's ...

Blue Owl completes local private wealth team

ELIZABETH FRY  |  THURSDAY, 10 APR 2025
... and delivering robust solutions focused on the unique needs of advisers and their clients," Francis posted on LinkedIn. Last May, the $250 billion alternative asset manager- specialising in financing private equity-backed acquisitions, buying stakes ...

US pension funds haemorrhage US$249bn

ANDREW MCKEAN  |  THURSDAY, 10 APR 2025
... deeper than the initial public equity declines. Equable also cautioned that in addition to investment losses, pension funds may face future cash flow constraints if the tariffs contribute to a sustained economic downturn, whether that's driven by ...

ASIC asks for input on reportable situations, IDR dashboards

JAMIE WILLIAMSON  |  THURSDAY, 10 APR 2025
... licensees' incident management, namely how they identified, escalated, and recorded incidents. The consultation is open until May 14, with ASIC anticipating it will begin publishing the dashboards in Q4.

Trump backflips on tariffs but risks remain

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
... particularly the US, still face "enormous risk" in the weeks and months ahead. "While equity markets bounced overnight, this may well be but one of likely several cruel bear market rallies in what had become a very oversold market in the short-term. ...

NAB forecasts 50bp rate cut in May

ELIZA BAVIN  |  THURSDAY, 10 APR 2025
NAB chief economist Sally Auld said the Reserve Bank of Australia (RBA) may deliver a 50bps interest rate cut when it meets again in May. Auld said headwinds from the global environment have intensified, but conceded large amounts of uncertainty remain. ...

'Crises happen': Investors reminded to stay calm

ELIZA BAVIN  |  WEDNESDAY, 9 APR 2025
... action will be to stay calm, stick to your plan and, rather than be scared by volatility, be alive to the opportunities that it may present." Likewise, Super Members Council executive general manager, strategy and insights Matthew Linden said despite ...

Three AFS licensees pinged over compliance breaches

ANDREW MCKEAN  |  WEDNESDAY, 9 APR 2025
... adviser creates a risk for consumers," the regulator said. The regulator added that a failure to register financial advisers may also indicate that licensees lack adequate governance arrangements to ensure compliance with the law. ASIC noted each penalised ...

GQG rejigs allocations amid tariff pain

KARREN VERGARA  |  WEDNESDAY, 9 APR 2025
... founding in 2016" as per its Global Equity strategy. "However, our positioning is always fluid and will change over time, and it may do so meaningfully over short periods," the fund manager said. Net inflows amounted to US$1.8 billion in the month of ...

Breaches continue as Cbus confirms 'unusual behaviour'

ELIZA BAVIN  |  TUESDAY, 8 APR 2025
... for Cbus members," the fund said. "Out of an abundance of caution, the fund is investigating a small number of accounts that may have been impacted including accounts where multi-factor authentication was triggered in the hours before and after the spike ...