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Showing 131 - 140 of 17773 results for "One"

BlackRock faces 'stiff competition' from APAC asset managers

ANDREW MCKEAN  |  TUESDAY, 2 APR 2024
BlackRock has maintained its position as the best brand among asset managers in the US and APAC, though subtle shifts are signalling change, according to the latest Broadridge Fund Brand 50 report. Incorporating insights from 1200 fund selectors and ...

AustralianSuper hires data strategy lead

ELIZABETH FRY  |  TUESDAY, 2 APR 2024
AustralianSuper has made a series of new hires, including a head of data strategy, analytics and insights. Having wrapped up a lecturing gig, Gregory Hill has returned to corporate life as head of data strategy, analytics, and insights at the $300 billion ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... the case for leveraged buyouts. In 2023, Australian private equity-backed buyout deal value reached $13.2 billion, around one-fifth of the value in 2022. However, when compared to the five-year average of $14.2 billion from 2015 to 2019, the deal value ...

CSLR kicks off, 2k await compensation

KARREN VERGARA  |  TUESDAY, 2 APR 2024
... financial advisers, and general securities dealers, or stock exchange organisations. The maximum compensation amount is $150,000. One major criticism of the CSLR is that it does not consider managed investment schemes (MIS). It also overlooks litigation ...

Legalsuper names chief investment officer

JAMIE WILLIAMSON  |  THURSDAY, 28 MAR 2024
... recently interim head of alternatives at Future Fund, a role he took on after serving as director, portfolio strategy for one year. He left Future Fund in mid-2022, becoming a Fellow of US think tank AIF Global's Center for Private Capital Investing. ...

Nobel Prize-winning economist Daniel Kahneman dies

ELIZA BAVIN  |  THURSDAY, 28 MAR 2024
... Thinking, Fast and Slow. "They apparently find cognitive effort at least mildly unpleasant and avoid it as much as possible." In one experiment, Kahneman found people were more willing to travel 20 minutes to save $5 on a $15 calculator but were less ...

AFCA flags legal uncertainty on SMSF wholesale test

KARREN VERGARA  |  THURSDAY, 28 MAR 2024
... ombudsman Alex Sidoti used a case study at the recent AFCA Member Forum to highlight a grey area that advisers can overlook after one AFCA complainant, who was the corporate trustee of an SMSF, engaged an advice firm to provide advice and broking services. ...

Platinum bleeds $1.4bn in outflows

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
... billion as a partial redemption from institutional clients over the next month, translating to an $18 million hit to revenue. One large client told the fund manager that it intends to rebalance its exposure away from benchmark agnostic global equity ...

Jo Townsend named chief executive of NZ Super

ELIZABETH FRY  |  WEDNESDAY, 27 MAR 2024
One of Australia's most experienced superannuation executives will take the helm of New Zealand's sovereign wealth fund, following Matt Whineray's departure late last year. Guardians of NZ Superannuation have appointed Jo Townsend as head ...

Tranche one of advice reforms hits parliament

KARREN VERGARA  |  WEDNESDAY, 27 MAR 2024
The legislation housing the first tranche of financial advice reforms that promise to reduce red tape was introduced in parliament today. Some of the recommendations from the Quality of Advice Review (QAR) include amending ongoing fee arrangements (OFA) ...