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Showing 81 - 90 of 1584 results for "Light"

Large financial firms falling behind on AI adoption

ELIZA BAVIN  |  THURSDAY, 6 MAR 2025
As artificial intelligence (AI) continues to rise, larger financial firms are lagging small and medium sized businesses when it comes to adoption, according to Evolved.AI chief executive Mike Kollo. Kollo - who is in Sydney preparing to present at the ...

Monetary policy not the only game in town: Brian Redican

ANDREW MCKEAN  |  TUESDAY, 25 FEB 2025
... energy prices if that transition isn't well managed," Redican said. "The experience of Russia's invasion of Ukraine flashed a light on what that transition might be. If we don't have a seamless transition, then things like gas prices might surge, and ...

Magellan sees profit fall 10%

ELIZA BAVIN  |  THURSDAY, 20 FEB 2025
Magellan Financial Group (MFG) saw net profit down 10% to $94 million in the half year to 31 December 2024. Assets under management remained steady at $38.6 billon, and performance fees rose slightly from $6 million to $6.1 million. Magellan declared ...

Five V hires from buyout firm EQT

ELIZABETH FRY  |  THURSDAY, 13 FEB 2025
... relationships and did a stint at Macquarie Asset Management. Five V Capital targets business-to-business SaaS players, asset-light business services providers, IT services and healthcare assets. The firm has taken a strategic interest in Perth-based ...

ASX reports 'record' revenue for 1H25, lags in listings

MATTHEW WAI  |  THURSDAY, 13 FEB 2025
... introduction of mFunds in 2014. The incident ultimately resulted in the issuance of $1 million credit to participants affected. In light of the debacle, the Australian Securities and Investments Commission (ASIC) has announced an investigation into the ...

SG Hiscock, Ruffer shutter funds

KARREN VERGARA  |  THURSDAY, 13 FEB 2025
Two funds managed by SG Hiscock (SGH) and Ruffer have closed due to lack of investor interest. The SGH Ex-20 Australian Equities Fund was terminated on February 3 for failing to reach its required scale and retain and attract the desired number of investors. ...

Jones flags drafting of Tranche 2 legislation

KARREN VERGARA  |  TUESDAY, 11 FEB 2025
... reforms remains a priority before he bows out of politics but fell short of confirming when the draft bill will see the light of day. Jones told a recent media event that Tranche 2 is "our priority and is being written as we speak". "But it is complex. ...

FOMC holds rates as Chalmers boasts 'our inflation is lower'

ELIZA BAVIN  |  THURSDAY, 30 JAN 2025
... others - said he believes a cut will come when the RBA meets next month. "We believe [the CPI] data has given the green light for the RBA to commence normalising the cash rate at the February board meeting with a 25bp rate cut," Aird said. "Headline ...

Climate funds see first year of outflows

ROSE MARY PETRASS  |  FRIDAY, 24 JAN 2025
... (SFDR), Article 9 funds are 'dark green' strategies which have sustainable investment as their primary objective. However, 'light green' Article 8 funds - products that promote environmental or social characteristics - saw net inflows for the eighth ...

Netwealth, Praemium see inflows soar

ELIZA BAVIN  |  THURSDAY, 23 JAN 2025
... flows to be seasonally lower, we are confident in our inflows outlook for the remainder of FY2025." Netwealth said that in light of a favourable revenue and market outlook, it has advanced several planned initiatives. "These investments aim to capaitalise ...