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Showing 1 - 10 of 458 results for "Correction"

S&P/ASX200 tipped to hit 8300: VanEck

KARREN VERGARA  |  TUESDAY, 23 APR 2024
... expensive globally, said VanEck portfolio manager Cameron McCormack. "Australia's banking sector is vulnerable to a correction and investors should be wary if they are overexposed," he said. Meanwhile gold miners, and office and retail REITs appear ...

Third person pleads guilty in Courtenay House Ponzi scheme

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
David Sipina, a Croydon local, who had a role at defunct investment manager Courtenay House, has pleaded guilty to carrying on a financial services business without a licence and dealing in the proceeds of crime. Between 24 June 2015 and 21 April 2017 ...

HNWI collecting activity stoops: Knight Frank

CHLOE WALKER  |  THURSDAY, 29 FEB 2024
... fine wine rose just 1%, according to the Knight Frank Fine Wine Icons Index (KFFWII), demonstrating a period of price correction. Wine Owners founder and chief executive Nick Martin said he isn't surprised by this lacklustre result. He said that some ...

Future Fund soars to $272.3bn

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... collapse of US regional banks that did not eventuate in 2023. "Equity markets were at one point in or near a technical correction and bonds were in their third straight year of negative returns. Then risk assets rallied strongly in the final quarter ...

BBY manager charged with aiding and abetting

KARREN VERGARA  |  WEDNESDAY, 29 NOV 2023
... prison, suspended for three years on the first charge. She was also ordered to serve a three-and-a-half-year community correction order, including 380 hours of community service. In November 2017, ASIC banned former BBY financial adviser Sergio Nicolo ...

Small-cap shares set to soar: Flinders

CHLOE WALKER  |  FRIDAY, 24 NOV 2023
While fears of a recession and market correction, and runaway inflation have caused small-cap stocks to underperform over the past couple of years, the opportunity for growth has never been greater, according to Flinders Investment Partners (Flinders) ...

No bubble risk in Sydney housing market: UBS

CHLOE WALKER  |  THURSDAY, 21 SEP 2023
Despite a price correction since the highs of 2020 and 2021, Sydney's housing market remains overvalued but is not at risk of a bubble, says UBS. The UBS Global Real Estate Bubble Index ranks Sydney at 16th of 25 international cities in terms of housing ...

Largest pension funds see drop in assets: Research

CASSANDRA BALDINI  |  TUESDAY, 12 SEP 2023
... by 12.9%, now totalling US$20.6 trillion compared to US$ 23.6 trillion at the end of 2021. "This represents a sharp correction compared to an 8.9% increase in the assets of the largest 300 pension funds in the previous year," WTW said. "The latest drop ...

Sequoia liquidates Libertas Financial Planning

KARREN VERGARA  |  FRIDAY, 1 SEP 2023
Libertas Financial Planning is in the process of liquidation, a decision made by parent company Sequoia Financial Group four years after it was acquired. Libertas' operations and customers will transfer to Interprac Financial Planning and Sequoia ...

UniSuper rides tech tailwinds to strong returns

JAMIE WILLIAMSON  |  TUESDAY, 18 JUL 2023
... wonderful thing." APA Group also dragged the fund's returns, finishing up FY23 with -9%. "The fall was in part a correction from a very strong rally, and also a negative reaction to higher interest rates. The current share price looks well supported ...
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