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Showing 991 - 1000 of 7970 results for "Total"

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
The total number of superannuation funds in Australia will halve over the next decade, says Mercer. In its inaugural Shaping Super report, Mercer predicts the number of super funds in Australia will decline by another 30% over the next five years and ...

MFS Investment Management appoints chief investment officer

ANDREW MCKEAN  |  FRIDAY, 15 MAR 2024
MFS Investment Management has named Alison O'Neil as its new chief investment officer, starting from 1 January 2025. O'Neil will oversee MFS's 300-person investment team, including fixed income, quantitative solutions, and global treading ...

Advisers flock to managed accounts, but are very selective

ELIZA BAVIN  |  FRIDAY, 15 MAR 2024
... tripled from 18% a decade ago to an equal record high of 56% now. A further 19% of advisers are potential users, taking the total possible reach in coming years to 75%, the report said. In addition, funds under management (FUM) in managed accounts have ...

Managed account FUM closes in on $200bn milestone

JAMIE WILLIAMSON  |  TUESDAY, 12 MAR 2024
... in managed accounts - up $33 billion in the six months to December end. The IMAP Census of Managed Accounts FUM shows the total grew by some 20.47% in the six-month period to hit $194.85 billion. This is an annual increase of $50.3 billion. The bulk ...

ASX-listed companies flock to private markets

ANDREW MCKEAN  |  FRIDAY, 8 MAR 2024
... activity report shows a trend of more delistings than new market entries, indicative of a shift towards private markets. The total ASX-listed companies dropped from 2289 in February last year to 2183 in February 2024, a near 1% decrease with 106 fewer ...

Simple strategies to overcome gender super gap

KARREN VERGARA  |  THURSDAY, 7 MAR 2024
... long-term wealth as two-thirds (69%) admit to experiencing financial stress compared to 49% of men. Women have 53% less in total cash savings than men and on average have saved up $22,680 - substantially lower than men's $48,087. On a monthly basis ...

Overhaul of TPD structure, pricing needed: MLC Life

CHLOE WALKER  |  WEDNESDAY, 6 MAR 2024
... or more, just 11% of women live with the same level of financial security," it said. When it comes to lodging a claim for total permanent disablement (TPD) insurance, the current default system of insurance provision, 55% of respondents said they would ...

Low investor demand sees equities funds wound up

JAMIE WILLIAMSON  |  MONDAY, 4 MAR 2024
... it had about $66.8 million in funds under management. The fund was established in April 2012 and tracks the S&P/ASX 200 Total Return Index, investing in mid- and large-cap stocks. It has a three-year annualised return of 6.16% versus the benchmark's ...

Platinum plans turnaround, FUM dwindles

KARREN VERGARA  |  FRIDAY, 1 MAR 2024
... the Workplace Gender Equality Agency (WGEA) reporting Platinum had a median base salary gender pay gap of 41.9% and median total remuneration gap of 41%. Its upper pay quartile is just 14% female. The fund manager will also take a "deep examination" ...

Nominations open for 30th annual MAX Awards

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
... identifies the best young sales professional working for an investment management firm in a business development capacity. In total, there is 22 categories: Agency Campaign of the Year Agency Executive of the Year Agency of the Year, Financial Services ...