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Showing 1191 - 1200 of 10550 results for "BEI"

Bragg outraged over super fund payments to unions

ANDREW MCKEAN  |  WEDNESDAY, 31 JAN 2024
Senator Andrew Bragg has slammed industry super funds, accusing them of channelling $40 million to unions and Industry Super Australia (ISA). Scrutinising mandatory disclosures, Bragg pointed out that AustralianSuper, Cbus, HESTA, Hostplus, TWUSUPER ...

Gender pay gap reporting to be scrutinised

ROSE MARY PETRASS  |  WEDNESDAY, 31 JAN 2024
From tomorrow, Australian companies with 100 or more staff must publish the median pay gap between their male and female employees. While it sounds simple enough, some experts believe corporates are not prepared for what's to come. The Workplace ...

JPMAM partners with NZ wealth firm

KARREN VERGARA  |  TUESDAY, 30 JAN 2024
J.P. Morgan Asset Management (JPMAM) is joining forces with a New Zealand-based private wealth firm that has $28 billion of client funds under management. Craigs Investment Partners (CIP), a high-net-worth advisory firm that also provides investment ...

ASIC files contempt orders against repeat offender

CHLOE WALKER  |  MONDAY, 29 JAN 2024
ASIC has filed a contempt application in the Federal Court against former Wealth & Risk Management (WRM) director Joshua David Fuoco. In February 2018, the Melbourne-based wealth manager was ordered by the Federal Court not to carry on or be involved ...

Netwealth records $78bn FUA, flags departure

JAMIE WILLIAMSON  |  MONDAY, 29 JAN 2024
Netwealth is reporting a record increase in funds under administration (FUA), as it prepares to farewell its chief financial officer. In a quarterly update, Netwealth said a $6 billion increase in FUA in the December quarter has pushed its total FUA ...

Aware Super appoints head of public market equities

ANDREW MCKEAN  |  THURSDAY, 25 JAN 2024
Aware Super has appointed former Vanguard and BlackRock portfolio manager Agnes Hong as its new head of public market equities. Hong, who is relocating from Philadelphia to Sydney, will oversee the development of Aware Super's $90 billion public ...

500 jobs to be axed at abrdn

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
abrdn will cut 10% of its workforce as part of a cost cutting exercise following significant outflows in the second half of 2023. The fund manager is targeting a cost reduction of $290 million (£150m) by the end of 2025 to restore its investments division ...

Insignia Financial touts strong start to FY24, simplification

JAMIE WILLIAMSON  |  THURSDAY, 25 JAN 2024
Insignia Financial has reported more than $300 billion in funds and named a chief client officer to run the newly created client wellbeing arm as it progresses its simplification strategy. In a quarterly update, Insignia said its funds under management ...

Gen Zs now 'loud budgeting': Research

CHLOE WALKER  |  MONDAY, 22 JAN 2024
Research by NAB shows Gen Z is embracing the latest TikTok trend and cutting back on their spending, saving an average of $450 a month. New NAB Economics consumer sentiment data has revealed more than half (56%) of Gen Z and younger Australians are ...

APAC investors embrace value-added strategies: Research

CHLOE WALKER  |  THURSDAY, 18 JAN 2024
Investors in the Asia Pacific region are increasingly opting for value-based real estate investments, according to the ANREV, INREV, and PREA Investment Intentions Survey 2024. The 16th annual survey revealed that 78% of investors prefer value-added ...