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Janus Henderson acquires NBK Wealth, Tabula Investment Management
Janus Henderson has acquired the wealth management arm of the National Bank of Kuwait, NBK Wealth, as well as European ETF provider, Tabula Investment Management.
ART names advice and education leads
Australian Retirement Trust (ART) has revamped its advice, guidance and education team and created two new leadership roles.
Men, women in same occupation drive pay gap
A whopping 80% of the gender pay gap can be attributed to women being paid less than men within the same occupation, a new economic analysis shows.
Macquarie Group profits falls 32% to $3.52bn
Macquarie Group has reported a net profit of $3.52 billion for the year ending 31 March 2024, a 32% decrease from the previous year.
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Robert De Dominicis
CHIEF EXECUTIVE OFFICER
GBST HOLDINGS LIMITED
GBST HOLDINGS LIMITED
It was during a family sojourn to the seaside town of Pescara, Italy, Rob DeDominicis first laid eyes on what would become the harbinger of his future. Andrew McKean writes.
Once we stop deluding ourselves that share price increases (ie windfall 'paper' profits) are investment returns, we might start to get somewhere in Australia's having a decent retirement incomes policy. The 2008-09 GFC - from which share-prices have yet to fully recover - surely demonstrated this fact.
Dividend receipts, interest earnings, rental incomes and REALISED capital gains are the only real investment returns.
Share-price changes are merely 'on paper' and delusional and, at best, a speculative approach to retirement income planning.
Time we woke up, Australia!