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Showing 951 - 960 of 12181 results for "May"

Macquarie AM reshuffles real assets team

ELIZABETH FRY  |  MONDAY, 14 OCT 2024
Macquarie Asset Management has consolidated three of its listed real assets businesses and reshuffled the investment team in a bid to drive synergies available to the asset class. The asset manager said folding natural resources, listed infrastructure ...

ASIC cancels fewer AFSLs in FY24

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... 29 AFSLs and suspended 28. During the year, it granted 280 new AFSLs. In granting an AFSL or credit licence, ASIC said it may force additional regulatory outcomes such as modifying or imposing additional conditions. It can also refuse to grant a particular ...

Profile Financial Services chief resigns

KARREN VERGARA  |  FRIDAY, 11 OCT 2024
... six years. In 2023, Ridley told Financial Standard that her focus was on ensuring Profile was ready for whatever the future may hold, working on scaling up, taking advantage of the opportunities that come from technology, outsourcing and change in regulation. ...

Brighter Super increases retirement bonus

JAMIE WILLIAMSON  |  THURSDAY, 10 OCT 2024
... rate is reviewed quarterly and based on the balance of the deferred tax liability of the fund, so in some quarters the rate may be higher or lower, depending on investment market conditions. Meantime, Brighter Super also outlined a raft of updates it ...

European private equity strategy launches down under

KARREN VERGARA  |  THURSDAY, 10 OCT 2024
... a stint in leading S64 Capital before he moved to Coller Capital's private wealth distribution unit for the region in May. Stovold was the director of sales at Legg Mason between March 2017 and February 2022 and after that led technology provider ...

ASIC seeks $27m penalty against AustralianSuper

ELIZA BAVIN  |  THURSDAY, 10 OCT 2024
... modern age to ensuring the systems do what they're supposed to do." Justice Hespe added that in this case, a large penalty may be warranted against the super fund. "It's not so much that problems emerge. Problems will always emerge. Not prioritising ...

ASIC bans adviser who misled TPB

JAMIE WILLIAMSON  |  WEDNESDAY, 9 OCT 2024
... entities that carries on such a business. Hazell was an authorised representative of Richmond Partners from March 2018 to May 2024. Prior, he was an executive financial planner at Professional Wealth Services and, before that, was a financial planner ...

AustralianSuper updates deceased members' investments

KARREN VERGARA  |  WEDNESDAY, 9 OCT 2024
... investment option is designed to have stable returns and has a 'very low' short-term risk level, investment returns may be lower than the returns of the previous investment option(s) you held before you died," the super fund told members. "There ...

Market has priced in 'too many' rate cuts

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... an important event that investors will be watching closely. I expect to see volatility around the elections, as investors may look to hedge their positions," he said. "A divided government outcome from the US elections would likely be the most well-received ...

'Challenging period' for active managers

ELIZA BAVIN  |  WEDNESDAY, 9 OCT 2024
... rates all falling within the range of 70%-85%." The report found that poor performance of actively managed global equity funds may have been due to the difficulty of outperforming in the US component, however it noted there were also challenging headwinds ...