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Showing 1 - 10 of 3558 results for %22Country%22

Treasury shakes up foreign investing framework

KARREN VERGARA  |  WEDNESDAY, 1 MAY 2024
... over the coming months. "Australia is an attractive destination for foreign investment, with investment flows into our country consistently outpacing the OECD average since 2006. Direct and portfolio foreign investment in our economy grew to be worth ...

ASIC hits back at parliament: 'Simply not realistic'

ELIZA BAVIN  |  TUESDAY, 30 APR 2024
... I am talking about often involve individuals and entities that are very well resourced and unlike just about any other country in the world, quite happy to take ASIC on," he said. "From time to time our powers are challenged in the courts, sometimes ...

Institutional investors eye increased exposure to Vietnam

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... forecasts. GDP doubled from £169bn in 2013 to £340bn in 2023, and is projected to grow by a further 6% in 2024. "The country is also working towards being upgraded to both FTSE Russell and MSCI emerging market status, which will pave the way for billions ...

Fund managers nervously await 'golden visa' reforms

KARREN VERGARA  |  WEDNESDAY, 24 APR 2024
... start-up private equity fund," Wright said. This year, the Henley Residence Program Index ranked Australia as the 8th best country of residence according to its investment program, lauding it for its reputation, quality of life, and path to citizenship. ...

Adviser numbers plateau

KARREN VERGARA  |  THURSDAY, 18 APR 2024
... (287), Lifespan Financial Planning (282), Synchron (260), and Ord Minnett (259) comprise the top 10 dealer groups in the country. In a new feature on ASIC's latest FAR data, there are currently 216 advisers that have undergone disciplinary actions. ...

Russell Investments introduces new ESG-focused ETF

ANDREW MCKEAN  |  TUESDAY, 16 APR 2024
... new money or not immediately available to Australian investors. RGOS aims to out outperform its benchmark, the MSCI All Country World Net Index, before costs and tax, with a fee of 0.95% per annum on assets under management. Russell Investments managing ...

Income inequality elevated, spikes: Oxfam

KARREN VERGARA  |  TUESDAY, 16 APR 2024
... of wealthy nations of 0.315, according to the Organisation for Economic Cooperation and Development (OECD), ranking the country with the 14th highest level of inequality. Further, Oxfam found that low-income countries face a debt crisis as their massive ...

Billionaire receives death penalty for embezzlement

KARREN VERGARA  |  FRIDAY, 12 APR 2024
A Vietnamese billionaire property developer has been sentenced to death for embezzling US$12.5 billion - the country's largest case of financial fraud, several reports show. The People's Court of Ho Chi Minh City yesterday handed down the death ...

James Mawhinney arrested as Mayfair 101 saga rolls on

JAMIE WILLIAMSON  |  WEDNESDAY, 10 APR 2024
... Magistrates Court yesterday and is due to reappear on June 28. As a condition of his bail, Mawhinney is not allowed to leave the country. According to ASIC, Mawhinney claimed IPO Wealth Group owned Poveglia S.R.L and Retta S.R.L. In a statement published ...

ETF market to soar 30%: State Street

KARREN VERGARA  |  TUESDAY, 9 APR 2024
... tipped to rise 30% in 2024, buoyed by passive equity and fixed income products, State Street predicts. Tim Helyar, the country head for Australia at State Street, said the forecast is based on discussions with ETF issuers and the fact that there are ...
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