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Showing 51 - 60 of 6719 results for "Currently"

HUB24 growth officer jumps to AZ NGA

ELIZA BAVIN  |  WEDNESDAY, 3 APR 2024
... has announced the appointment of Chesne Stafford in the newly created role of executive general manager. Stafford is currently in the role of chief growth officer at HUB24 and is set to start her new role in July 2024, reporting directly to chief executive ...

Australian private capital industry surges 33%

ELIZA BAVIN  |  TUESDAY, 2 APR 2024
... industry fundamentals and Australia's merits as a place for private capital investment." Prasad said private capital currently contributes round 3% to Australia's GDP, but has the potential to double that. "The challenge for Australia, in a globally ...

Investment managers embracing AI: Mercer

ANDREW MCKEAN  |  THURSDAY, 28 MAR 2024
... (66%), banking (64%), and insurance (61%) are the next-most-cited areas of opportunity for value creation. Managers currently using AI expect the integration of its capabilities to deliver positive economic benefits, with an average expectation of a ...

Wholesale investor tests up for parliamentary review

KARREN VERGARA  |  MONDAY, 25 MAR 2024
... requirements, consequences of an investor meeting the relevant test, and the application of the tests in practice. There are currently five tests in place to determine if an investor is a "sophisticated" one. Two of the most popular are the product value ...

Industry funds set to gobble up over 50% of superannuation assets

ANDREW MCKEAN  |  THURSDAY, 21 MAR 2024
... This is due to the older demographic transitioning to retirement and commencing material drawdowns of their assets. Currently, industry funds hold 44% of superannuation assets, retail funds hold 23%, and SMSFs hold 27%. However, in the next two decades ...

Economists react to latest RBA rate decision

ANDREW MCKEAN  |  WEDNESDAY, 20 MAR 2024
... Nevertheless, his assessment remains that the combination of weaker growth and a faster fall in inflation than the RBA currently expects will ultimately "force its hand" seeing it cut rates from mid-year with three 0.25% rate cuts by year end, taking ...

Castlerock embarks on $30m capital raise

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... government properties spanning five states. The 10-year-old fund has some $526 million in assets. The fund manager is currently completing a $60 million, five-level office building in Frankston, which will be leased by the Victorian State Government. ...

ASIC extends ETF class order

KARREN VERGARA  |  TUESDAY, 19 MAR 2024
... issuers of all types of quoted ETFs "will facilitate a reduction in pre-launch time and costs for those issuers that currently need to seek individual relief from ASIC, as well as increasing the overall competitiveness of Australia's managed fund industry". ...

AustralianSuper engages TAL to create retirement option

ELIZA BAVIN  |  TUESDAY, 19 MAR 2024
... give them a sense of security about their financial future." TAL and AustralianSuper have worked together since 2009, currently providing insurance to around 1.4 million fund members. He said many members transitioning to and in retirement found the ...

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
... market position," Mercer principal and report lead author Richard Dunn said. As for superannuation platform providers, currently about 25% of super funds are platforms or have large portions of their funds that are. Mercer said it expects this to significantly ...