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Australia unlikely to tame inflation

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... policy and bond yields not falling as the markets anticipated at the start of the year. What can possibly go wrong over the next few months, he warns, is that inflation remains sticky. "[In the US] if Donald Trump is re-elected, we could get a political ...

NZSF returns 17%, smashes benchmarks

KARREN VERGARA  |  TUESDAY, 23 JUL 2024
... sovereign wealth fund is aiming to double in size from its current NZ$75 billion in funds under management (FUM) over the next 10 to 12 years. "We want to do this without losing the culture and organisational character that has made us both successful ...

Reconsider the home as a retirement income pillar: Actuaries Institute

ANDREW MCKEAN  |  MONDAY, 22 JUL 2024
... income stream in retirement. It comes as more than three million Australians are set to enter the retirement phase in the next decade, a phase that will likely be longer than that of previous generations. The paper's author, Deloitte partner and ...

Mercer Super chalks up 11.2% return

ANDREW MCKEAN  |  THURSDAY, 18 JUL 2024
... proven to be a benefit for members over the period." She added that market volatility is expected to remain high over the next 12 to 18 months because of "key elections." The global economic outlook, however, has improved as unemployment is expected ...

FICAP to support Aussie icon in 2024

JAMIE WILLIAMSON  |  THURSDAY, 18 JUL 2024
... Community Aid Program (FICAP) will raise funds for Life Ed, the charity behind Healthy Harold, at its annual RockStar event next week. FICAP has selected Life Ed as its new charity partner in 2024, providing funding for the Healthy Harold Scholarship ...

The most popular fund types launched in Australia

ANDREW MCKEAN  |  WEDNESDAY, 17 JUL 2024
... are increasingly allocating funds to products with global exposure," Francis said. Looking forward, Francis anticipates the next wave of funds coming through will focus on alternatives, private credit, and private debt, particularly targeting private ...

Young, bullish online investors drive trading: Survey

KARREN VERGARA  |  WEDNESDAY, 17 JUL 2024
... investors appear bullish as they expect to achieve 5.3% returns from domestic equities and 6.1% from global equities over the next year. "The renewed optimism in the market is a testament to the resilience and adaptability of online investors. Our data ...

Spirit Super finds a new custodian

ANDREW MCKEAN  |  TUESDAY, 16 JUL 2024
... added that J.P. Morgan looks forward to contributing to Spirit Super's continued success, particularly as it embarks on the next stage of growth through its merger with CareSuper, which will result in the creation of a fund that manages almost $50 billion ...

Global Credit Investments appoints new chief executive

ELIZA BAVIN  |  TUESDAY, 16 JUL 2024
... demand evidenced within these two markets," he said. "I am thrilled to join the business and play an integral role in its next phase, building on the entrepreneurial approach that has been instrumental to GCI's success in this sector."

Federation AM acquires Homesafe

ELIZA BAVIN  |  MONDAY, 15 JUL 2024
... track record of success," Federation Asset Management partner Neil Brown said. "We are excited to support Homesafe in its next phase of growth, ensuring it continues to deliver exceptional value to its customers and stakeholders." In addition to the ...