Author: Charlotte

Everybody wants their fair share.  Northern Trust is the latest asset manager to file for ETF share classes that can coexist alongside traditional mutual fund share classes. This particular filing doesn’t concern Northern Trust’s own funds, but instead mutual funds launched by third-party asset managers on its fund platforms. It’s part of a broader industry push to capitalize on the growing demand for share classes, after Vanguard’s patent expired in 2023. Asset managers have raced to secure regulatory approval for the model, which allows them to offer both mutual fund and ETF share classes of the same fund, giving investors…

Wednesday 10 June 2026 5:00 am  |  Updated:  Tuesday 09 June 2026 4:12 pm Property firms are facing a “perfect storm” (Yui Mok/PA Wire) Real estate companies are going bust at the fastest rate seen in a decade, City AM can reveal, in a further sign that the UK’s property market is taking a battering.As many as 762 real estate-related businesses have become insolvent in the UK since the start of the UK, a City AM analysis of company filings has found, a jump of more than 60 per cent compared to last year. Housebuilders and construction firms have warned in recent…

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Anybody who complained about anything in the Defence Forces faced losing their job, said a former member of the air corps who claims he was “scalped” by a senior officer.Paul Kavanagh, giving evidence in the second week of public hearings at the Defence Forces Tribunal, said he was the victim of a number of bullying incidents — some of which, he claimed, senior officers were aware.He claimed senior officers in the air corps knew personnel were “tubbed” — thrown into large tubs of chemicals and engine grease as a brutal form of so-called hazing, or initiation at Baldonnel Aerodrome, in…

There’s a stat that stopped me cold when I first heard it.In Australia, ​24%​ of all retirement funds are self-directed.That doesn’t mean that one in four Australians looked at the traditional system and said: no thanks, I’ll do it myself. This is a quarter of funds, not a quarter of investors.What it actually means is wealthy Aussies have figured out there are massive tax advantages to managing your own retirement, and are pouring funds in like crazy.Regardless, this figure is far lower in the US. America’s self-directed IRAs represent just 3–5% of total IRA assets.Australians aren’t smarter investors, they were…

TOKYO, June 10 (Reuters) – ⁠Japan’s three largest banks said on Wednesday they ⁠will jointly issue stablecoins during the current ‌fiscal year ending in March 2027, a sign of growing momentum for digital payments in a country where cash and credit ​cards remain popular.The banking arms of ⁠Japan’s three largest financial ⁠groups – Mitsubishi UFJ Financial Group, Sumitomo Mitsui Financial Group ⁠and ‌Mizuho Financial Group – will set up a council to examine operational frameworks and prepare ⁠for the issuance, they said in a ​statement.Japan’s Financial Services ‌Agency has been supporting the experimental stage of ⁠the project ​as part of…

The Centre for Development Studies (CDS) has invited applications for its MA in Applied Economics programme in 2025. The degree is awarded by the Jawaharlal Nehru University (JNU). Candidates who have appeared for the Common University Entrance Test, CUET (PG) for the test paper code COQP10 can apply. Selection will be on the basis of the CUET score. The programme is also open to candidates from South Asian Association for Regional Cooperation (SAARC) nations of Bangladesh, Bhutan, Maldives, Nepal and Sri Lanka. Their selection will be on the basis of an online interview. To apply online, visit www.cds.edu. The last…

Pilbara Gold Ltd (ASX:PGL) has strengthened its board and management team with a series of key appointments aimed at supporting the development of its 2.1-million-ounce Mt York Gold Project in Western Australia. The changes include the appointment of mining engineer Martin Reed as a non-executive director, metallurgist and project manager Jeff Bowen as study manager, and the transition of Robert Klug into a full-time executive role as chief legal and financial officer. The appointments come as the company advances studies, exploration and resource growth initiatives across its Mt York and Roe Hills gold projects. Mining veteran joins board Reed joins the…

🔥 Join leading private equity investors at the 9th Private Equity San Francisco Forum on November 16-17. Yum Brands is reportedly nearing an agreement to sell Pizza Hut to private equity firm Long Range Capital, as the restaurant giant continues its strategic review of the iconic pizza chain. According to reports, discussions between the two parties are progressing and a transaction could be finalized in the coming weeks, although neither company has publicly confirmed a deal. The potential divestiture follows Yum Brands’ announcement late last year that it was evaluating strategic alternatives for Pizza Hut. The review comes as the…

By Aislinn Keely ( June 9, 2026, 8:16 PM EDT) — New York’s Department of Financial Services on Tuesday proposed regulations to ensure its existing stablecoin framework aligns with the U.S. Treasury Department’s coming requirements for state regimes under the federal law governing stable-value tokens…. Law360 is on it, so you are, too. A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions. A Law360 subscription includes features such as Daily…