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Showing 81 - 90 of 6701 results for "Ong"

Clime offloads advice business, keeps 10% stake

KARREN VERGARA  |  MONDAY, 16 MAR 2026
Clime Investment Management is offloading its financial advice unit for $6.5 million to an unnamed group but will retain a 10% interest in the newly combined business. Clime Advice, which has $2 billion in funds under advice (FUA), will continue to ...

Inflation could surge above 4%

ELIZA BAVIN  |  FRIDAY, 13 MAR 2026
Treasurer Jim Chalmers said the ongoing war in Iran is putting pressure on inflation, with Treasury reportedly predicting it will rise above 4%. "I've made it really clear that we had an inflation challenge in our economy and developments in the Middle ...

AMP investment chief reshapes her team

ELIZABETH FRY  |  THURSDAY, 12 MAR 2026
AMP investment chief Anna Shelley has handed out a string of promotions on the back of a solid year for its superannuation business. Stuart Eliot, Duy To, Steve Flegg and Jeronimo Harrison have all been promoted as part of the investment team refresh. ...

Fixed income becoming an ETP staple: Rainmaker

RIDDHIMA TALWANI  |  THURSDAY, 12 MAR 2026
Rainmaker Information's latest report on exchange traded products (ETP) said fixed income is normalising as a core allocation. It said flow trends have shifted meaningfully from 2022 when equity income strategies were in high demand as investors ...

Brisbane financial adviser appears in court on dishonesty charges

RIDDHIMA TALWANI  |  TUESDAY, 10 MAR 2026
Brisbane financial adviser Sunny Mahendra Prakash appeared in the city's Magistrates Court on March 6 to face multiple charges of dishonesty offences. Prakash is a director of Principal Financial Services, Self-Managed Super, Provest Enterprises, and ...

US alternative lender launches $250m income fund

MATTHEW WAI  |  TUESDAY, 10 MAR 2026
A California-based private credit firm has strengthened its Australian presence with the launch of a new income fund, targeting later-stage technology companies with strong commitments from investors exceeding $250 million. Partners for Growth has launched ...

Australians unlock only 1% of $600bn in home equity: Deloitte

MATTHEW WAI  |  MONDAY, 9 MAR 2026
A new study reveals that around $600 billion of home equity can be unlocked through structured equity release products, yet only a fraction has been used thus far. Deloitte's 2026 Australian Reverse Mortgage Survey - compiled in collaboration with Heartland ...

Local custody industry surpasses $6tn milestone

JAMIE WILLIAMSON  |  FRIDAY, 6 MAR 2026
Many custodians saw double-digit growth in their assets under custody in the second half of 2025, but none more so than BNP Paribas. Assets under custody in Australia grew to $6.2 trillion in the first half of FY26, an increase of 8.6% on the June 2025 ...

Iress fills APAC wealth role from within

ELIZABETH FRY  |  THURSDAY, 5 MAR 2026
Iress, the financial advice software provider, has promoted from within to fill the top role in its Asia Pacific wealth business, following the departure of a long-serving executive. Sam Wall has stepped into the role of acting chief executive, succeeding ...

Pengana awards investment mandate to Antipodes

ELIZA BAVIN  |  THURSDAY, 5 MAR 2026
Pengana Capital Group has entered into an agreement with Antipodes Partners to assist with the management of the Pengana International Equities (PIA) portfolio. Pengana said the move is part of its ongoing focus on maximising shareholder value for PIA. ...