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Showing 51 - 60 of 17744 results for "One"

ClearBridge launches first local global equity fund

KARREN VERGARA  |  MONDAY, 29 APR 2024
... It requires a minimum initial investment amount of $20,000. New York-based ClearBridge head of global growth Elisa Mazen is one of the portfolio managers overseeing the strategy. She works alongside managing director and portfolio manager Michael Testorf ...

Future Fund posts 10.1% annual return, surpassing benchmark

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
The Future Fund has reported a one-year return of 10.1%, exceeding its target benchmark of 7.6%, as its total assets under management reached a record $223.4 billion. So far, this financial year, the sovereign wealth fund has posted an 8.3% return ...

What retiree portfolios need to avoid future cost-of-living crises

ANDREW MCKEAN  |  MONDAY, 29 APR 2024
... empower safe spending and confidence. "There is a clear need for some form of professional financial advice, yet we found only one in five Australians over 60 are currently receiving it. Education on retirement options was also found to be critical ...

New framework for investors to navigate AI released

ELIZA BAVIN  |  MONDAY, 29 APR 2024
... between emerging RAI considerations and traditional ESG principles, such as climate, modern slavery, and governance. Step one of the framework determines materiality risk incorporating 27 AI use cases across nine key sectors. Step two provides governance ...

Sequoia chief's job at stake in upcoming EGM

ANDREW MCKEAN  |  FRIDAY, 26 APR 2024
... associates hold only about 10% of Sequoia's shares yet have nominated to appoint 50% of the board's directors. He noted how one of the investors pushing for the proposed changes only became a shareholder in February, so the decision to take such a drastic ...

Link shareholders approve takeover

ELIZA BAVIN  |  FRIDAY, 26 APR 2024
... Bank to achieve our shared goals." The Trust Bank senior managing executive officer Takafumi Ihara said The Trust Bank is one of the largest pension and stock administration providers in Japan. "We truly believe the acquisition of Link Group will further ...

How to win in today's wealth management industry: EY

ANDREW MCKEAN  |  WEDNESDAY, 24 APR 2024
... remainder of this decade," the report said. However, most wealth managers are currently a distance from achieving best practice. One of the main challenges wealth managers face is to "stand out in the age of personalisation." "Firms that can clear that ...

Dividends up but share buybacks fall: Janus Henderson

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... back the most, spending $69 billion less than the previous year. Among these, Microsoft and Meta reduced buybacks by almost one third, and Apple by one seventh. Outside the US, companies in the UK were the biggest buyers of their own shares, accounting ...

Aware builds property portfolio, adds 726 homes

ELIZA BAVIN  |  WEDNESDAY, 24 APR 2024
... developments at Queens Road, in Melbourne's inner south, and Preston in the city's north, marking an expansion to its role as one of the largest build-to-rent (BTR) developers in Australia. With a construction value of $320 million, the two projects ...

Actuaries Institute proposes new performance test measure

ANDREW MCKEAN  |  TUESDAY, 23 APR 2024
... financial interests of members. In its Treasury submission, the Institute said the test should include two metrics: the current one and a new risk-adjusted performance measure for super fund products. "This two-metric test would ensure trustees can continue ...