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Showing 1041 - 1050 of 7222 results for "Record"

HNW population sees biggest decline in decade

CHLOE WALKER  |  WEDNESDAY, 7 JUN 2023
The global high-net-worth (HNW) population dropped by 3.3% to 21.7 million in 2022, while the value of its wealth decreased by 3.6% to $124.3 trillion, according to Capgemini's latest World Wealth Report. This drop, stated by the report, is the steepest ...

Super funds pursue merger, chief executive chosen

JAMIE WILLIAMSON  |  WEDNESDAY, 7 JUN 2023
... the fund has seen it become one of the most efficient super funds in Australia, citing fees and returns. "On top of that record of strong performance and lowering costs, Stephen has experience with multiple transitions, and we are delighted to announce ...

ASIC bans former Madison adviser

CASSANDRA BALDINI  |  TUESDAY, 6 JUN 2023
Brisbane-based financial adviser Stephen Vick received the ban for recommending his clients roll over their existing superannuation to a newly established self-managed superannuation fund (SMSF) and borrow to invest in residential property. The regulator's ...

Senate Committee rethinks franking credit changes

ANDREW MCKEAN  |  TUESDAY, 6 JUN 2023
... a result would be ineligible for franking. Examples could include newly established companies that have no established record of paying dividends and companies operating in volatile industries where dividends may only be paid irregularly." ASA chief ...

First Sentier clients walk away with $13bn

KARREN VERGARA  |  MONDAY, 5 JUN 2023
The fund manager bled $12.6 billion in outflows across several managed funds in the year to March, Rainmaker research shows. Four of First Sentier Investors' products lost more than $1 billion in net flows each, Rainmaker's latest Wholesale ...

Geoff Lloyd to chair Stake

ANDREW MCKEAN  |  MONDAY, 5 JUN 2023
... Leibowitz said: "Geoff is one of the most knowledgeable figures in the Australian finance industry, with an outstanding track record of helping companies to grow responsibly." "His values align with Stake's mission perfectly and he will offer incredible ...

Inflation rises to 6.8%

CASSANDRA BALDINI  |  THURSDAY, 1 JUN 2023
The Consumer Price Index (CPI) has jumped from 6.3% to 6.8%, adding to theories Australians could be in for another rate hike. The latest CPI numbers, released yesterday by the Australian Bureau of Statistics (ABS), exceeded economist predictions of ...

Italian private credit fund brings unique offering down under

CHLOE WALKER  |  TUESDAY, 30 MAY 2023
... defaults, zero payment holiday and zero deferral (notwithstanding COVID-19, Ukrainian war and so on). "Therefore, the track record there is very clean, and in MLoan now we are going to deliver a return in the region of double low digits," he said. "We ...

More PwC staff to go, will remain anonymous

CASSANDRA BALDINI  |  TUESDAY, 30 MAY 2023
... confidential information that belonged to the Australian people. "The reason I am continuing to push for PwC to put the names on record themselves is they made this mess, they unleashed this kind of behaviour, they delivered it all around the world and ...

Aware Super bolsters strategy team

ELIZABETH FRY  |  FRIDAY, 26 MAY 2023
... actively trade macro markets across interest rates, FX, and equities to generate returns," he added. Ellis has a 16-year track record managing alpha strategies and a 25-year career in financial markets. Most recently, he was a portfolio manager at the ...