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Showing 1 - 10 of 234 results for "IC Markets"

Perennial launches new investment fund

ELIZA BAVIN  |  FRIDAY, 19 APR 2024
Perennial has announced the launch of its latest private company investment fund for wholesale investors. The new Perennial Private to Public Evergreen Fund, called PPP+, is an evergreen version of Perennial's existing Perennial Private to Public (PPP) ...

IMF flags concerns over 'risky' private credit market

ELIZA BAVIN  |  TUESDAY, 9 APR 2024
The International Monetary Find (IMF) has raised concerns over the growing private credit market, which topped US$2.1 trillion in assets and committed capital globally last year. The private credit market, which specialises in non-bank financial institutions ...

Suncorp sells NZ life business to Resolution Life

JAMIE WILLIAMSON  |  THURSDAY, 4 APR 2024
Resolution Life has acquired Asteron Life New Zealand for NZ$410 million. Resolution Life will buy the business from Suncorp Group. In doing so, it will become the second largest life insurer in New Zealand, with about 165 employees and a network of ...

Financial services class actions surge

JAMIE WILLIAMSON  |  WEDNESDAY, 20 MAR 2024
... signed new members up for income protection cover by default. A couple of days earlier a class action was filed against IC Markets for consumer harm caused by offering retail investors the ability to trade CFDs. In October 2023, a class action was filed ...

Hamilton Lane debunks private market myths

ANDREW MCKEAN  |  MONDAY, 11 MAR 2024
Hamilton Lane's 2024 Market Overview report has offered a counter narrative to perceptions about the private market asset class. "Valuations are inaccurate: we can't tell if this is a real one today or just a bad hangover from 2022's party-crashing ...

ASX-listed companies flock to private markets

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
The latest ASX monthly activity report shows a trend of more delistings than new market entries, indicative of a shift towards private markets. The total ASX-listed companies dropped from 2289 in February last year to 2183 in February 2024, a near 1% ...

EG to target intermediaries

CHLOE WALKER  |  TUESDAY, 5 MAR 2024
The real estate giant plans to expand into the intermediaries sector with the recent hire of Mark Weingarth as its director of business management. Weingarth, who officially joined EG in October last year, brings over 17 years of experience in financial ...

Senior equity manager exits Cbus

ELIZABETH FRY  |  FRIDAY, 1 MAR 2024
A Cbus executive in charge of equity manager research and selection has departed the $85 billion industry fund. Anna Weickart confirmed to sister title Industry Moves that her role was made redundant. Weickart joined Cbus as a senior investment analyst ...

Rest awards impact mandate

RACHEL ALEMBAKIS  |  TUESDAY, 27 FEB 2024
Rest is $150 million closer to reaching its impact investment target after allocating to a listed equity fund. Rest has invested in an international listed equities strategy run by Ninety-One, which "aims to achieve long-term total returns by investing ...

Class action filed against IC Markets

JAMIE WILLIAMSON  |  THURSDAY, 8 FEB 2024
Piper Alderman has formally filed its class action against International Capital Markets (IC Markets) for offering contracts for difference to retail investors. The law firm began investigating the potential for a class action in October 2023. Now filed ...
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