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Showing 1081 - 1090 of 7379 results for "Marc"

GDP rises but headwinds abound

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
Beating consensus estimates, the Australian GDP rose 0.8% in Q1 and 3.3% year on year. While more positive than expected, the latest figures represented a slowdown from the 3.4% GDP growth realised last quarter. Barclays said the most recent GDP numbers ...

Retirees doing it tough: ASFA

CHLOE WALKER  |  THURSDAY, 2 JUN 2022
ASFA's latest insights show the annual increase in the cost of living for some retirees is the largest seen in 12 years. According to ASFA's Retirement Standard figures for the March quarter, Australians aged around 65 living a comfortable retirement ...

ETFS Physical Gold to be split 10:1

ANDREW MCKEAN  |  THURSDAY, 2 JUN 2022
... investors. The lower prices will also allow investors to manage their portfolios with greater precision." Stockspot senior manager Marc Jocum welcomed the split. Jocum said: "Since we started investing in GOLD in 2014, its price has risen from $130 to ...

Former van Eyk chief executive pleads guilty

JAMIE WILLIAMSON  |  WEDNESDAY, 1 JUN 2022
Almost eight years on from the research house's collapse, Mark Thomas has pleaded guilty to using his position within the firm to his own advantage, namely so that he could maintain control of the company. Thomas, van Eyk's former chief executive and ...

HSBC hires from Antarctica Asset Management

CHLOE WALKER  |  TUESDAY, 31 MAY 2022
... markets distribution team and the institutional investments group for APAC. In his new role, Forcioli will report to Jan-Marc Fergg, global head of ESG & managed solutions, IWS and Stefan Lecher, regional head of IWS, APAC. Lavanya Chari, global head ...

AGL abandons demerger, leadership resigns

CASSANDRA BALDINI  |  MONDAY, 30 MAY 2022
Following shareholder opposition underscored by ESG concerns, AGL will no longer pursue a demerger; a move that sees the departure of its chief executive Graeme Hunt and chair Peter Botten. Today, AGL board of directors announced the company would withdraw ...

Diversa culls more products

JAMIE WILLIAMSON  |  MONDAY, 30 MAY 2022
The latest round of cuts sees the closure of three more sub-plans. Earlier this year, Diversa moved to close four of its sub-plans - GROW Super, Brightday, MYONESUPER and Super Prophets - which collectively held about $70 million. Now, Diversa will ...

Managed account market reaches $175bn

CHLOE WALKER  |  FRIDAY, 27 MAY 2022
Funds under administration (FUA) in managed accounts platforms increased by almost 50% per annum in the last three years alone, according to Rainmaker Information. Analysing figures previously published by the Institute of Managed Account Professionals ...

Total super assets grow to $3.4tn

ANDREW MCKEAN  |  WEDNESDAY, 25 MAY 2022
APRA's latest quarterly superannuation performance statistics show the industry's total assets increased almost 10% over the past year. Super assets totalled $3.4 trillion at the end of March 2022, a 9.7% increase from the year prior. The total assets ...

Australian dividends shatter pre-pandemic records: Janus Henderson

ANDREW MCKEAN  |  TUESDAY, 24 MAY 2022
Australian global dividends have completed their pandemic recovery and have eclipsed the previous 12-month record set in September 2019 by $6.7 billion. The latest Janus Henderson global dividend index shows that Australian dividends totalled $97.9 ...