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Showing 1141 - 1150 of 12383 results for "May"

Operational risk reserve targets trimmed for larger funds

JAMIE WILLIAMSON  |  THURSDAY, 24 OCT 2024
... approach is intentionally simple, including an intent to reduce regulatory burden on RSE licensees in circumstances where there may not be commensurate prudential benefit." However, trustees will still need to notify APRA if they decide to make a change ...

Advisers share winning intergenerational wealth strategies

ANDREW MCKEAN  |  THURSDAY, 24 OCT 2024
... for a lot of older couples, but I think it's important to help the wife understand. They're intelligent people; they just may not have the financial acumen because they haven't had that opportunity in the past. I focus on that, so we don't struggle to ...

HMC Capital makes $2bn acquisition

ELIZA BAVIN  |  THURSDAY, 24 OCT 2024
... successfully acquired North American Digital Infrastructure asset manager StratCap in a deal worth $43.7 million. Then, in May, HMC acquired commercial real estate fund manager Payton Capital, kickstarting the first step in its plan to create a $5 billion ...

Down but not out: Busting defined benefit myths

ANDREW MCKEAN  |  WEDNESDAY, 23 OCT 2024
... these legacy structures, she said. Separately, the presence of DB components complicates mergers. Funds with DB obligations may struggle to find suitable merger partners, as integrating systems with non-DB funds demands significant adjustments, she s ...

Asset managers need to improve performance: Morningstar

ELIZA BAVIN  |  WEDNESDAY, 23 OCT 2024
Morningstar's industry pulse for asset managers Q3 2024 found that while fund outflows have improved, the gains may be cyclical. Morningstar equity analyst Shaun Ler said since 2024, price performance for ASX-listed asset managers has been mixed. "GQG ...

APRA prioritises supervision of trustee spending

JAMIE WILLIAMSON  |  TUESDAY, 22 OCT 2024
... are identified, APRA's supervisory effort will focus on ensuring the necessary improvements are made by RSE licensees. This may include APRA enforcing rectification measures where warranted." On October 30, APRA will publish RSE's expenditure data from ...

Betashares expands Wealth Builder suite

JAMIE WILLIAMSON  |  THURSDAY, 17 OCT 2024
... the geared exposure is expected to vary between about 143% and 167% of the net asset value. Betashares said the new offering may suit investors who are looking to build long-term wealth and are comfortable taking on the increased risk of gearing and ...

Hopes of RBA cut 'in tatters' after jobs data

ELIZA BAVIN  |  THURSDAY, 17 OCT 2024
... current trend in the jobs data continues, the unemployment rate appears more likely to find its way back to 4%, where it was in May. Today's job numbers leave hopes of an RBA rate cut before year-end in tatters." Despite the slight fall in the number ...

Aussies struggle with financial goals: Generation Life

ANDREW MCKEAN  |  WEDNESDAY, 16 OCT 2024
... are nearly twice as likely to be happy with their circumstances compared to those without one. Most unadvised Australians may also face financial setbacks due to a limited understanding of issues like bracket creep (79%) and the proposed superannuation ...

Acclaim Wealth enters managed account space

ANDREW MCKEAN  |  TUESDAY, 15 OCT 2024
... own separately managed accounts (SMAs), often due to minimum requirements. For instance, a practice with $200 million in FUM may find that they can only offer a limited range of models, such as growth or balanced, regardless of whether they're the best ...