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Showing 121 - 130 of 4085 results for "Holding"

CalPERS investment chief tenders resignation

JAMIE WILLIAMSON  |  MONDAY, 18 SEP 2023
The chief investment officer of the largest pension fund in the US has resigned after just 18 months in the role. Nicole Musicco will depart the fund on September 29, citing family reasons for her resignation. Having travelled between the fund's ...

Ring-fencing super for aged care adds complexity, cost: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 13 SEP 2023
... play an important role in helping meet the future aged care needs in Australia, by providing investment capital and by holding direct or indirect interests in the property assets used to provide aged care accommodation services, on commercial terms. ...

Two top Global X executives exit

KARREN VERGARA  |  TUESDAY, 12 SEP 2023
Two senior executives leading distribution and investment strategy respectively have exited Global X ETFs amid a local restructure. Head of distribution Kanish Chugh has been made redundant just shy of 10 years of tenure. Chugh started out as a business ...

RBA holds cash rate at 4.1%

CASSANDRA BALDINI  |  WEDNESDAY, 6 SEP 2023
... inflation remains too high. During governor Philip Lowe's last monetary policy meeting, the RBA said its reason for holding rates for the third consecutive month was to buy more time and further assess the impacts of previous hikes. Since, the Australian ...

Madison acquisitions strengthen top line

KARREN VERGARA  |  THURSDAY, 31 AUG 2023
Madison Financial Group's acquisition of three businesses in the 2023 financial year drove a 12% increase in revenue to $15.4 million. MTIS Wealth Management, Investment Strategists Accounting Services and Ralton Asset Management helped boost the ...

Global dividends at all-time highs: Janus Henderson

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
The global dividend landscape experienced a striking uptick in the second quarter of the year with a record-breaking total of $844.7 billion, showcasing an impressive 4.9% growth. Janus Henderson's Global Dividend Index report, a long-term study into ...

AustralianSuper hires head of international, private equity

CHLOE WALKER  |  WEDNESDAY, 30 AUG 2023
... team by building its internal capabilities. For the last two years, Hargraves served as AXA IM's head of AXA IM equity, holding overall responsibility for $110 billion of assets and ran a team of around 60 fund managers. AustralianSuper chief investment ...

Future Fund posts 6% return

JAMIE WILLIAMSON  |  WEDNESDAY, 30 AUG 2023
The nation's sovereign wealth fund returned 6% in FY23, with chief executive Raphael Arndt saying markets are under-pricing economic and geopolitical risks. The total funds now invested by the Future Fund stand at $256.2 billion, inclusive of the $60 ...

It's time to fill your boots with private debt

ANDREW MCKEAN  |  TUESDAY, 29 AUG 2023
... whether your principal is repaid in full, especially in an uncertain economic environment. Thankfully, the US economy is holding up fairly well so far," Kasser concluded. Financial Standard is the official media partner of the Australian Institute of ...

Super, retirement unit cushions Link's massive loss

KARREN VERGARA  |  MONDAY, 28 AUG 2023
... Credit Management unit generated $120.1 million of revenue in FY23, down 8.7% year on year. Its sale of BCM to LC Financial Holding is due to complete on September 1. While the group made a 5% year-on-year gain in revenue of $1.23 billion, it made a ...