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Showing 91 - 100 of 7928 results for "Data"

Perpetual weathers $4.3bn in outflows

ANDREW MCKEAN  |  MONDAY, 29 JAN 2024
... for active asset managers," denoting "the worst quarter in 15 years for active equity fund flows," referencing Morningstar data. "Whilst the net outflows of $4.3 billion in our asset management business was disappointing, it was pleasing to see our total ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
... continue to reduce outflows which we believe were largely driven by adverse market conditions." According to Plan for Life data, Netwealth is the sixth-largest platform by FUA market share, as at September 2023.

Super fund satisfaction improves: Roy Morgan

CHLOE WALKER  |  WEDNESDAY, 24 JAN 2024
Members' satisfaction with their superannuation fund is improving, Roy Morgan data shows. Fresh findings from the research house saw super fund awarded a rating of 69.5% in November 2023, an increase of 0.9% from the last reported results in July 2023. ...

Future Fund soars to $272.3bn

KARREN VERGARA  |  TUESDAY, 23 JAN 2024
... fund's substantial investments in Australia domestically, specifically across infrastructure, technological areas like data centres, renewables and so forth. "I think it's really important that the Future Fund mandate stays pure, and the chairman ...

Australian economic growth slows, IMF maintains positive outlook

ANDREW MCKEAN  |  MONDAY, 22 JAN 2024
... target earlier than 2026 projected in the baseline. "The pace of further tightening needs to be calibrated based on incoming data and should consider the lags in the transmission of the effects of monetary policy."

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
... TikTok trend and cutting back on their spending, saving an average of $450 a month. New NAB Economics consumer sentiment data has revealed more than half (56%) of Gen Z and younger Australians are using the money they're saving from cutting back ...

AMP names new group insurer

KARREN VERGARA  |  MONDAY, 22 JAN 2024
... life insurance industry. Some two years later, Resolution Life bought the life insurance unit for $3 billion. According to data from APRA and ASIC, TAL is the largest player in the group insurance sector in Australia. TAL has a 40.4% market share that ...

Bond ETFs poised for growth in 2024: Vanguard

ANDREW MCKEAN  |  THURSDAY, 18 JAN 2024
... interest from Australian investors in 2023, as rising interest rates made fixed income allocations more appealing, according to data released by the ASX and Vanguard. Australian bond ETFs received $3.81 billion in cash flows in 2023, a 37% improvement ...

Powerwrap bleeds $334m in outflows

KARREN VERGARA  |  WEDNESDAY, 17 JAN 2024
... welcomed 27 new client organisations to the VMA and VMAAS services." During the period, Praemium partnered with Complii and Core Data. It won a mandate from Mercer to provide VMAAS to service about 400 client portfolios.

SimCorp names new country manager for Australia

ANDREW MCKEAN  |  TUESDAY, 16 JAN 2024
... operational efficiency, presenting "promising opportunities" for technology providers. Cotroneo noted that advanced technology and data are becoming crucial in supporting larger funds, predicting more strategic conversations about target operating models ...