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Showing 1021 - 1030 of 9462 results for "tech"

MLC MySuper option returns 9.8%

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
The MLC MySuper growth portfolio has generated a 9.8% investment return for the financial year. The three and five-year returns for that option were 5.4% and 6.7% per annum, respectively. MLC Asset Management head of diversified portfolios Steve Gamerov ...

New technology chief joins GROW Inc.

JAMIE WILLIAMSON  |  FRIDAY, 5 JUL 2024
GROW Inc. has appointed a chief technology officer, recruiting a former Canva and Google executive. Wendy Glasgow was named in the role, joining the growing administrator last month. She will leverage her global experience in technology and data to ...

ANZ, Blackstone launch HNWI fund

KARREN VERGARA  |  FRIDAY, 5 JUL 2024
ANZ and global alternatives fund manager Blackstone have launched a multi-asset strategy for high-net-worth investors (HNWI). The Graphene Alternative Fund is an Australian unit trust and absolute-return strategy that is exclusive to ANZ Private clients. ...

Global X launches currency hedged version of FANG+ ETF

ANDREW MCKEAN  |  FRIDAY, 5 JUL 2024
Global X has introduced a currency hedged version of its popular FANG+ ETF (ASX: FANG). Earlier this week, the company launched its Global X FANG+ (currency hedged) ETF (ASX: FHNG), which it says offers exposure to "10 innovative companies" that are ...

TelstraSuper produces 9.6% MySuper return

JAMIE WILLIAMSON  |  THURSDAY, 4 JUL 2024
TelstraSuper's lifecycle MySuper offering turned around 9.6% for all its members under 50 who have not made an investment choice. The result, which is net of all investment fees and taxes, demonstrates the value of its lifecycle structure, chief investment ...

AustralianSuper reports 'solid return', lags rivals

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
AustralianSuper's default balanced investment option, where over 90% of its members are invested, reported an 8.46% return for the last financial year. That option has an average annual return of 8.72% over 15 years. Meanwhile, the $335 billion super ...

AMP MySuper options power past double-digit returns

ANDREW MCKEAN  |  THURSDAY, 4 JUL 2024
... returning asset class this year," she said. Though, Shelley noted that the standout gains were once again led by the booming US tech sector. "Capitalising on the universal appetite for AI adoption together with our high strategic allocation to global ...

Advent International lands in Australia, names MD

KARREN VERGARA  |  WEDNESDAY, 3 JUL 2024
Global private equity firm Advent International has set up shop in Australia, tapping the managing partner of Anchorage Capital to spearhead its growth ambitions. Beau Dixon is leading Advent's efforts to firm up its footprint here, which already exists ...

Rest's MySuper option returns 8.67% in FY24

ANDREW MCKEAN  |  WEDNESDAY, 3 JUL 2024
... considerable gains, he said. He said Rest's exposure to these higher-quality companies, including many of the magnificent seven tech stocks at the forefront of artificial intelligence (AI) development, and the decision to stay fully invested in listed ...

Iress hack investigation finds 20 OneVue files breached

JAMIE WILLIAMSON  |  TUESDAY, 2 JUL 2024
An internal investigation into the recent breach of Iress' GitHub user space found no evidence any of its client data was compromised, however 20 OneVue employees and clients weren't so lucky. On May 11, Iress' private user space on third-party ...