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Showing 81 - 90 of 3517 results for %22November 2012%22

Inflation problem is homegrown: Bullock

KARREN VERGARA  |  FRIDAY, 24 NOV 2023
... signalling that she will not hesitate to continue to do so if prices continue to elevate. In analysing the RBA's November 7 minutes, which were released yesterday, GSFM investment strategist Stephen Miller said the "board retains a moderate tightening ...

Praemium plummets on weak financial outlook

ANDREW MCKEAN  |  THURSDAY, 23 NOV 2023
... year's balance sheet. "... nothing has yet been conclusively negotiated and resolved on this front," Wamsteker affixed. In November 2021, Netwealth proposed a $785 million merger with Praemium, offering one new share for every 11.96 Praemium shares ...

ASX awards settlement, clearing mandate

KARREN VERGARA  |  MONDAY, 20 NOV 2023
... determined in late 2024 with stakeholder consultation. The ASX dumped its plans to replace CHESS with blockchain technology in November 2022, writing off some $255 million expended on the failed project that kickstarted as far back as 2015. The Reserve ...

ClearView offloads chunk of Centrepoint Alliance stake

CASSANDRA BALDINI  |  FRIDAY, 17 NOV 2023
... the acquisition. This equates to 19.9% of the business. ClearView said it obtained a 24.5% holding in Centrepoint in November 2021 as part of the arrangement for selling its financial advice businesses to Centrepoint. However, ClearView remains solely ...

ASIC strips institutional broker's AFSL

ANDREW MCKEAN  |  THURSDAY, 16 NOV 2023
... non-compliance with financial requirements and insufficient resources for providing and supervising its services, effective November 8. As part of the AFSL suspension, JB Markets must continue its membership with the Australian Financial Complaints Authority ...

Dimensional launches inaugural ETFs

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... fees while the Global Core Equity (hedged and unhedged) charges 0.36%. Dimensional entered the ETF market in the US in November 2020. It now has more than 30 ETFs in the US with some US$100 billion in assets. "Our success in the US and our discussions ...

J.P. Morgan readies evergreen solution for wholesale market

ANDREW MCKEAN  |  MONDAY, 13 NOV 2023
... management domain. The firm is concentrating on elevating its stature in the local ETF market, following its entry in November last year. "I think for us as a firm, we're very focused on being a clear active manager, not blending passive with active ...

Inflation still too sticky: Report

CHLOE WALKER  |  MONDAY, 13 NOV 2023
... stimulatory fiscal policy, and government wages policy which is adding to inflation. "The RBA hiked the cash rate in November by 25 basis points to 4.35% as widely expected," the report said. "Our expectation of the RBA's reaction function in this cycle ...

GQG's PAC acquisition attempt hits snag

KARREN VERGARA  |  MONDAY, 13 NOV 2023
... the original $11 offer to be paid in cash for very PAC share via a scheme of arrangement as proposed in a letter dated November 7, PAC's board of directors said, adding that it was a move GQG was not aware of. GQG's proposal values PAC at $567.3 million ...

Prime Value launches retirement living fund

KARREN VERGARA  |  FRIDAY, 10 NOV 2023
... Management is launching its second fund that invests in retirement villages targeting sophisticated investors in mid-November. The Prime Value Retirement Living Fund 2 will invest in four properties based in Victoria that have about 900 dwellings. Prime ...