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Showing 1141 - 1150 of 8418 results for "Big"

NGS, ACSRF shelve merger plans

KANIKA SOOD  |  WEDNESDAY, 25 AUG 2021
After 12 months of discussions, Sydney's Australian Catholic Superannuation and NGS Super have shelved their plans to merge and create a $21.5 billion fund. The two signed a Memorandum of Understanding in August 2020, after years of informal discussions ...

Fear of greenwashing worse than reality: Report

ELIZABETH MCARTHUR  |  WEDNESDAY, 25 AUG 2021
With much hysteria around greenwashing as ESG becomes increasingly important to investors, S&P has issued a new report theorising concern about greenwashing is often misplaced. In the report, S&P noted that greenwashing or sustainability-washing concerns ...

BNZ chief executive moves back to NAB

ANNABELLE DICKSON  |  WEDNESDAY, 25 AUG 2021
The big four bank appointed the Bank of New Zealand (BNZ) chief executive to group chief digital, data & analytics officer and named her replacement. Angela Mentis will report to NAB Group chief executive Ross McEwan and will deliver digital products ...

Pandemic stokes investor appetite

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
The COVID-19 pandemic has had a paradoxical effect on investors, according to new research, increasingly the willingness of existing investors to invest further despite uncertainty about the future. This is according to a new white paper from Calastone ...

Cost of retirement increases

ELIZABETH MCARTHUR  |  TUESDAY, 24 AUG 2021
... rate of inflation for the CPI of around 1.5% over the year to June. "Small price rises across the board can add up to have a big impact on the average retiree budget. The cost of retirement is now 2 to 3% more expensive, on average, than a year ago," ...

Industry funds to dominate in 2025

KARREN VERGARA  |  TUESDAY, 24 AUG 2021
New research reveals which industry superannuation funds will dominate the sector in 2025 and squeeze out many retail funds. Rainmaker's latest Benchmarking Report shows AustralianSuper, QSuper/Sunsuper, Aware Super, UniSuper and Hostplus will become ...

Walsh Capital signs four fund managers

KANIKA SOOD  |  MONDAY, 23 AUG 2021
... investors including family offices. They are investment managers with a strong reputation and track record, have worked at a big shop but then have decided to start on their own in recent years," Walsh said. "Typically they have got an unlisted fund ...

Economic recap: Week to August 20

BENJAMIN ONG  |  MONDAY, 23 AUG 2021
The continued spread of the Delta variant in most parts of the world - even in New Zealand despite being locked down after only one case - and reduced vaccine efficacy - as demonstrated by the rise in infections in Israel (one of the very first country ...

VGI Partners global LIC posts 25.6% returns

KANIKA SOOD  |  FRIDAY, 20 AUG 2021
VGI Partners Global Investments reported a net profit after tax of $153.9 million and portfolio returns of 25.6% for FY21. The LIC targets 10-15% p.a. through the cycle and holds a concentrated long and short portfolio, with the top five holdings accounting ...

Moelis Australia reports record results

KANIKA SOOD  |  WEDNESDAY, 18 AUG 2021
Moelis Australia, which recently rebranded to MA Financial Group, reported a 61% increase in its statutory EPS as asset management, corporate advisory and lending performed strongly. For the six months ending June, underlying earnings per share were ...