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Showing 10171 - 10180 of 29084 results for "PRI"

Private equity will become bigger than hedge funds: Research

KANIKA SOOD  |  WEDNESDAY, 24 OCT 2018
Private equity is poised to overtake hedge funds, becoming the largest asset class in alternatives in the next five years, according to new Preqin research. Preqin predicts assets in alternative investments will hit $19 trillion by 2023, up from $12 ...

Downsizer scheme gains ground

JAMIE WILLIAMSON  |  WEDNESDAY, 24 OCT 2018
The recently introduced downsizer contributions strategy is gaining traction, with the new scheme topping the list of adviser queries for the September quarter. BT Financial Group's technical team fielded about 3000 queries over the quarter, a significant ...

Challenger expands distribution reach

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Challenger is ramping up its distribution capabilities by launching its annuities on a fifth platform. Challenger fixed-term and lifetime annuities will launch on the netwealth platform. It follows an announcement in August that saw products made available ...

Young Aussies set lofty retirement goals

KARREN VERGARA  |  WEDNESDAY, 24 OCT 2018
Australian millennials are aiming to retire comfortably at 50 with $5 million in their nest egg, a new survey shows. Trading platform Stake surveyed 506 Australians and those aged between 18 and 34 said investing in US stocks will help make their goals ...

Advice firm ramps up managed accounts play

JAMIE WILLIAMSON  |  WEDNESDAY, 24 OCT 2018
A Sydney-based financial advice firm has added a dedicated business development role to meet growing demand for its managed accounts solution. Stanford Brown has appointed Phil Anderson to spearhead the marketing of its Lunar Managed Accounts, working ...

Chief economist update: The winter of Australia's discontent

BENJAMIN ONG  |  WEDNESDAY, 24 OCT 2018
It would be the winter of Australia's agriculture sector if Rabobank's 'Winter Crop Production Outlook' report is any guide. The specialist agribusiness bank predicts that the country's national harvest would drop by 23% in the 2018/19 ...

Billionaire investor says markets in late cycle but anything possible

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Oaktree Capital Management cofounder Howard Marks says the current bull market is in a late stage but it could still go "up, sideways or down." Marks's firm has more than US$120 billion in assets under management. He addressed a media briefing in ...

NEOS unveils underwriting and sales team

KARREN VERGARA  |  TUESDAY, 23 OCT 2018
NEOS Life has formally announced the members of its underwriting and sales teams. Gemma Wheeler leads the underwriting and operations team. She joined from BT Life where she was a national new business and underwriting manager. Prior to that, she was ...

AustralianSuper consortium renews bid for healthcare company

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
The BGH Capital-AustralianSuper consortium has made another bid to acquire Healthscope, five months after the company rejected its previous bid. BGH-AustralianSuper is offering to pay $2.36 per share for the private hospital owner-operator. This offer ...

Perpetual partners with Microsoft

KANIKA SOOD  |  TUESDAY, 23 OCT 2018
Perpetual's corporate trust business has launched a data analytics platform for banks and investors to analyse portfolio performance against Australia's $200 billion mortgage market. The Perpetual Business Intelligence Platform includes a newly-launched ...